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Awarded contract

Global Custodian Services Awarded to The Northern Trust Company by GESB

Expires in 3y 6moExpires Sat, 30 Mar 2030
Awarded 22 Jan 201515y 2mo term · 77% elapsed

About

Government Employees Superannuation Board of WA awarded a contract to The Northern Trust Company, Melbourne Branch for global custodian services, including custody and safekeeping, settlements, income collection, corporate actions, proxy voting, accounting, tax, cash management, performance measurement, risk analytics, compliance monitoring, and statutory reporting.

Insight

This contract reflects the trend of superannuation boards outsourcing complex investment administration to specialized global custodians to ensure regulatory compliance and operational efficiency.

Value
$79,400,000.00
State
WA
Category
Finance & Insurance

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