Press release
University of Victoria Appoints Northern Trust Canada as Custodian for Pension and Foundation Assets
TORONTO--(BUSINESS WIRE)-- Northern Trust Canada has been appointed by The University of Victoria (UVic) to provide trustee, global custody, pension benefit
About this update from Northern Trust Corporation
[{"type":"text","content":" TORONTO--(BUSINESS WIRE)--\nNorthern Trust Canada has been appointed by The University of Victoria (UVic) to provide trustee, global custody, pension benefit payments and associated services for its approximately CAD $2.0 billion in pension and foundation assets.\n\n\n“UVic selected Northern Trust Canada for its strong focus on client service, leading-edge technology and single operating platform, which allows us to realize best practices and become more efficient,” said Andrew Coward, Treasurer of the University of Victoria. “We had a great working relationship from planning and preparation leading up to a smooth transition. Further, we are thankful to have transitioned to Northern Trust early in the New Year as we have experienced seamless support and service during the current Covid-19 pandemic. Automated Benefit Payment processes have been very helpful to UVic staff as they work from home.”\n\n\n\"We are thrilled to have been chosen by UVic,\" said Katie Pries, President and CEO of Northern Trust Canada. \"This selection demonstrates our global custody offering is resonating with the most prestigious Canadian universities. We look forward to continuing our partnership with UVic to help them achieve their strategic goals.”\n\n\nNorthern Trust – Canada\n\n\nA global leader in institutional financial services, our exclusive focus in Canada is on providing asset servicing and asset management solutions to institutional asset owners, investment managers, foundations and endowments. We combine regional insights with a global breadth of capabilities to support your needs.\n\n\nNorthern Trust Canada has been successfully servicing clients for over 30 years – including pension funds, investment managers, insurance companies, government agencies and corporations. Our rich heritage and intricate understanding of the region allows us to provide unique insights and strategic perspectives to our clients. Visit northerntrust.com/canada to learn more.\n\n\nNorthern Trust Canada Office: 145 King Street West, Suite 1910, Toronto, Ontario, Canada M5H 1J8.\n\n\nAbout Northern Trust \n\n\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presen...