Northern Trust Enhances Risk Reporting for Pensions

Northern Trust has enhanced its suite of asset-liability reporting solutions, enabling pension funds to gain deeper insights into their risk exposure with a cross-balance sheet view of their assets and liabilities.

The analytics will be provided from RiskFirst’s web-based platform, PFaroe, and integrated with Northern Trust’s global operating platform. Northern Trust’s pension fund clients can monitor and evaluate a portfolio’s risk and performance by profiling assets and liabilities in the same framework, helping facilitate investment decisions. 

RiskFirst is a financial technology business that provides risk analytics and reporting. Its core product PFaroe is web-based and allows users to evaluate risk from multiple perspectives and to perform real-time scenario stress testing.

“Pension funds are increasingly looking for tools that enable them to view their assets and liabilities holistically, rather than in isolation,” says Ian Castledine, global head of investment risk and compliance product at Northern Trust. “Our enhanced solution adds significant granularity to our liability modelling capabilities, enabling our clients to have a far better understanding of their asset-liability position.”

Northern Trust’s integrated risk management platform provides operational support to include data loading, daily position maintenance and asset modelling alongside secure data storage, a reporting portal and a global team of investment risk consultants.