Northern Trust Renews Metavante Outsourcing Agreement

Monday 7 June 2004 13:16 CET | News

Chicago based Northern Trust Corporation, has renewed its outsourcing agreement with Metavante. Under the contract, Metavante will provide products and services including financial account processing, electronic funds transfer and card, and electronic banking.

In addition to the core outsourcing agreement, Metavante will provide strategic solutions that are key to Northern Trusts business requirements in the future. In the early 1980s, Northern Trust Company began its partnership with Metavante as a software licensee. As Northern Trust experienced rapid growth nationally, its partnership with Metavante expanded to include outsourcing arrangements with its banking subsidiaries and ultimately, its parent company, Northern Trust Corporation.

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Categories: Payments & Commerce | Payments General
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