Northern Trust: Completes Acquisition of Parilux Investment Technology

  • Northern Trust Corporation a leading provider of wealth management, asset servicing, asset management, and banking to corporations
  • Parilux to serve the demanding needs of investment professionals who tasked with selecting the best investment managers in the world
  • Announced that it finalized its acquisition of Parilux Investment Technology, LLC, completing its investment in the firm
  • This acquisition underscores Northern Trust’s commitment to its Front Office Solutions business
  • Front Office Solutions integrates Parilux’s software with a proprietary cloud-based web and mobile interface
  • The leading-edge technology, combined with Northern Trust’s global operations expertise and service
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Global Fintech Investment Rebounds in 2025 with Stronger Exit Activity

The fintech sector sees renewed investment trends fueled by increased exit opportunities.Highlights: Global fintech investment saw a significant...

Quantum Attack Risks Trillions in Costs to US Economy, Warns Citi

Citi highlights the potential financial threat posed by quantum computing advancements.Highlights: Citi warns of potential trillions in costs...

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...