Northern Trust Launches Omnium Event Manager Platform
Northern Trust has launched Omnium Event Manager, a web-based workflow tool designed to provide asset managers and asset owners with a consolidated view of corporate action and dividend events affecting fund portfolios, enabling them to coordinate with brokers and custodians to respond to voluntary events.
Institutional investors with complex investment portfolios can face a high volume of corporate actions, ranging from dividends, stock splits, corporate restructures or acquisitions. Omnium Event Manager replaces the often manual workflow of monitoring and responding to corporate actions with a platform that includes tools for capturing event and position data, notifications and deadline publishing, and communications with counterparties.