Northern Trust has enhanced reporting capabilities for itsBenefit Payment Services offering, which issues more than 1.3million pension and savings plan distributions each month. ThroughPassport, Northern Trust's Web portal, sponsors can access an arrayof reports. The enhancements let clients choose when, how and inwhat format they can view their benefit payments data.

Institutional users can now customize specific data elementsthat can be downloaded to a spreadsheet, making the data moremanageable, according to Geordan Capes, global head of Passportproduct and consulting business. “This allows our clients to carveout specific data and manipulate it using the format that they aremost comfortable with, whether that be a standard report or aspreadsheet,” explains Capes.

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