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Northern Trust Launches Wealth Management Suite iPad App

Northern Trust launches an iPad app for the its wealth management suite, Private Passport.

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 her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio

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Byurcan
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Byurcan,
User Rank: Author
10/25/2013 | 1:53:09 PM
re: Northern Trust Launches Wealth Management Suite iPad App
I saw the original Surface, not the 2, so I don't know the specs about that one, but it had great functionality. I really liked the live tiles concept.
IvySchmerken
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IvySchmerken,
User Rank: Author
10/25/2013 | 1:51:18 PM
re: Northern Trust Launches Wealth Management Suite iPad App
It sounds like FS firms that are narrowly focusing in the iPad should broaden their perspective and pilot Microsoft's Surface2. The combination of the laptop/tablet offers more functionality. How is the Surface2 on weight and size?
Byurcan
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Byurcan,
User Rank: Author
10/25/2013 | 12:59:26 PM
re: Northern Trust Launches Wealth Management Suite iPad App
I got a demo of the Surface from MSFT people a while ago, it is a very impressive device. I like it better than the iPad.
Greg MacSweeney
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Greg MacSweeney,
User Rank: Apprentice
10/25/2013 | 9:56:46 AM
re: Northern Trust Launches Wealth Management Suite iPad App
Microsoft's Surface2 is getting a lot of attention. It's essentially a hybrid laptop/tablet. It probably makes just as much sense pilot a Microsoft Surface app to see how users like using a laptop/tablet.
IvySchmerken
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IvySchmerken,
User Rank: Author
10/24/2013 | 11:22:27 PM
re: Northern Trust Launches Wealth Management Suite iPad App
Large custodian banks are embracing the iPad to share data on portfolios, and risk exposures to meet the needs of institutional clients. Northern Trust is bound to gain notice from portfolio managers and plan sponsors, but clients no doubt expect this of their custodian. I wonder if it plans to expand the wealth management to other tablet makers?
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