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Northern Trust Makes Strategic Investment and Enters Exclusive Agreement with EDS

CHICAGO – As part of its continuing strategy to provide integrated services and technology across the investment lifecycle, Northern Trust (Nasdaq: NTRS) has reached an agreement to take an equity stake in Equity Data Science, Inc. (EDS), a cloud-based analytics platform that provides decision support tools to asset managers for idea generation, portfolio construction and risk management.

“We are excited about the announcement between two of our trusted partners, Equity Data Science (EDS) and Northern Trust,” said Brian Mann, Principal, Chief Data Officer & Director of Operations for Pzena Investments. “EDS has helped us build additional insight into our investment process, while we have long valued Northern Trust’s support as we grow our business.”

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