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Founded in 1889, Northern Trust is one of the largest banks in the United States. It manages nearly $139 billion in assets.
In 2017, NT delivered the industry’s first commercial blockchain solution for the private equity fund administration market. NT continues to innovate in this area, recently being awarded two U.S. patents for distributed ledger technology inventions for a range of fund administration activities.
The bank is pursuing a broad digital strategy for servicing assets. Amongst the technologies in its portfolio are robotic processing and artificial intelligence.