Northern Trust Corporation announced an expansion of its collateralized loan obligation (CLO) middle office services on its Omnium platform, adding compliance indenture monitoring and waterfall calculation capabilities. The firm said the new features introduce a rules-based framework to monitor CLO indenture tests, including concentration limits, credit rating thresholds, interest coverage, over-collateralization, and collateral quality requirements, and are intended to support the full lifecycle of CLOs alongside existing functions such as loan closing, treasury and real-time data shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief on February 25, 2026, and is solely responsible for the information contained therein.