NORTHERN TRUST Northern Trust (Nasdaq: NTRS) has been appointed by The Open University of Hong Kong to provide global custody, accounting and compliance monitoring services for its working capital fund.
'Northern Trust demonstrated its ability to provide solutions that meet our specific needs, allowing us to focus on our daily operations,' said Mr. Chuen Kwok Wai Santiago, director of finance, finance unit at The Open University of Hong Kong. 'The quality of product offerings, service expertise, and collaborative culture were key factors in our selection.'
Founded in 1989, The Open University of Hong Kong (OUHK), formerly The Open Learning Institute of Hong Kong (OLI), is the first self-financed university established by the government offering open and distance education in Hong Kong.
'We are delighted to be working with The Open University of Hong Kong,' said Michael Wu, head of Greater China at Northern Trust. 'At Northern Trust, we are focused on meeting the unique needs of our clients and we will work closely with The Open University of Hong Kong to ensure we deliver solutions that help them meet their objectives.'
Northern Trust has a network of 11 offices across Asia-Pacific, in Australia, China, Hong Kong, India, Japan, Malaysia, the Philippines, Singapore and South Korea. It offers asset servicing and asset management solutions to sophisticated institutional investors and affluent individuals worldwide.
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Northern Trust Corporation published this content on 31 July 2017 and is solely responsible for the information contained herein.
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