HONG KONG--(BUSINESS WIRE)--Northern Trust announced today it has earned recognition for superior service in the Asia-Pacific region from two leading publications this month. On March 23, The Asset magazine named Northern Trust “Best Custody Specialist” for the third consecutive year. Earlier this month, Northern Trust won the “Best Specialist Global Custodian in Asia-Pacific” award in Asia Asset Management magazine’s annual “Best of the Best” awards.

“It is truly gratifying to see our innovation and commitment to client service recognised year after year by credible, respected observers of the Asia-Pacific financial markets,” said Teresa A. Parker, Asia-Pacific CEO for Northern Trust. “We are honored that the editors and readers of The Asset, and the external panel of industry experts used by Asia Asset Management, determined that Northern Trust has the product breadth, global technology and operations platform, and strong client relationships to help our Asia-Pacific clients meet the evolving challenges facing institutional investors.”

In naming Northern Trust “Best Custody Specialist” for the third year in a row, The Asset cited product innovations such as enhanced currency analytics, a collateral management solution that allows clients to monitor and manage counterparty exposure in turbulent markets, and a unique Australian investment accounting platform, all launched in 2010. The Asset also noted Northern Trust’s continued growth in assets and staff in the Asia-Pacific region.

“Now in their second decade, our Triple A Fund & Securities Services Awards have earned a reputation for recognizing excellence based on a rigorous selection process, overseen by a Board of Editors with several decades of relevant experience,” said Daniel Yu, editor-in-chief of The Asset. “The ‘Best Custody Specialist’ award is based on mandates won, successful implementations, year-on-year growth in volume and initiatives in technology that set the institution apart from its competitors. As a three-time winner, Northern Trust has been a consistent performer across all of these categories.”

Asia Asset Management presented its “Best Specialist Global Custodian in Asia-Pacific” award to Northern Trust in a ceremony on March 9. It is a new category in the magazine’s “Best of the Best” awards, which for eight years have identified Asia’s finest performers – from financial services companies and institutional investors to service providers – in terms of innovation, service to clients, best practices and overall expertise in their field.

“Northern Trust has made remarkable headway in widening its customer base as well as differentiating its services to new clients such as insurance clients. The opening of a bank branch office in Beijing in 2010 will also contribute to Northern Trust’s continued growth in the Chinese market,” said Tan Lee Hock, Publisher of Asia Asset Management. “We created this new regional award for a specialist provider to recognise not only the largest operations in the region, but the highest-quality as well. Through its investment in people and technology, as well as its commitment to innovative solutions, Northern Trust is a deserving recipient of this inaugural award.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2010, Northern Trust had assets under custody of US$4.1 trillion, and assets under investment management of US$643.6 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.

The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

• Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licenced by the Guernsey Financial Services Commission.
• Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
• Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland.
• Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
• Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
• The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
• The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority.
• The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
• The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
• The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission
• Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
• Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.
• Northern Trust Global Investments Limited has a Netherlands branch which is authorised by the Financial Services Authority and subject to regulation in The Netherlands by the Autoriteit Financiële Markten.
• Northern Trust Global Investments Limited has a Sweden branch which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen.

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