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.
Northern Trust launches Omnium Event Manager for corporate actions and dividend events
New tool streamlines corporate action and dividend event workflows for middle-office outsourcing.
May 5, 2021 10:18 AM GMT
Northern Trust has launched a new 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.
Omnium Event Manager was designed to enable Northern Trust’s clients to coordinate with brokers and custodians to respond effectively to the voluntary events.
The Chicago-headquartered custodian said that Event Manager will replace the manual workflow of monitoring and responding to corporate actions with a platform that includes tools for capture of event and position data, notifications and deadline publishing, and communication with counterparties.