Northern Trust Enhances Data Direct

February 5, 2013 ( Northern Trust has added peer universe comparisons to the range of risk and performance information available through Northern Trust Data Direct.

Increased flexibility within Data Direct allows clients to compare their performance with more than 75 universes in the Northern Trust Investment Risk and Analytical Services (IRAS) database, spanning foundations and endowments, corporate pensions, public funds and wealth management plans in North America. Clients can customize comparisons at the plan level or for different investment programs and accounts.  

Northern Trust Data Direct is an interactive Microsoft Excel plug-in program that uses Web services to retrieve information from various Northern Trust databases.The application offers users streamlined access to their data by automating the flow of information to Excel workbooks through intuitive query definitions. Data Direct assists clients in automating everyday Excel workbooks around specific data needs by dynamically populating spreadsheets on demand.  

“The introduction of peer universe information to Data Direct aligns with our strategic goal of providing access to information that meets the analytical needs of institutional clients,” said Paul d’Ouville, global head of Product Management of Northern Trust.