October 24, 2013

Northern Trust has launched an iPad version of their wealth management suite, Private Passport, which allows users to view performance, exposure and risk information.

“New features, including expanded risk and performance reporting functionality, will be developed and added to the iPad app to enrich the experience for clients regardless of their location,” says Ted Grunberg, head of passport product development at Northern Trust, in a release.

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Grunberg adds, “The Northern Trust iPad application joins our existing mobile site, desktop portal, and Data Direct access methods as part of our holistic information distribution strategy which is focused on meeting the needs of clients across multiple delivery channels.”

Clients also have access to review and share portfolio data, view account exposure by country and asset category, and investment and research detail like market summaries and video commentaries by Northern Trust.

“Our institutional clients increasingly rely on mobile devices to receive the data and intelligence they need to mitigate risk and make informed investment decisions,” comments Paul d’Ouville, global head of product management at Northern Trust, in a release.

The application is compatible with iOS 5.0 and later versions and available at the Apple store.

Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received ...