June 28, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Northern Trust Corp. (NASDAQ: NTRS) said it was named “outsourcing provider of the year” and “client relationship manager of the year” at the 2010 Americas Service Providers Awards presented by International Custody & Fund Administration magazine.  

A panel of four U.S.-based industry specialists voted on the ASPAs, which were established this year to highlight excellence among financial service providers within the Americas region.

Dan Houlihan, head of product and strategy for investment operations outsourcing at Northern Trust, said, “Outsourcing has become a major growth area for Northern Trust, and this award validates our strategy of focusing on quality, efficiency and execution over market share to help our clients realize the benefits of outsourcing.”

An investment outsourcer, Northern Trust works with clients to remove process duplication, free up resources, and benefit from potential savings.

Illinois-based Northern Trust is a provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide.

Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region.

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