Northern Trust announced that Cornerstone FTM has selected Northern Trust and its strategic partner, Equity Data Science (EDS), for Research Management System (RMS) and Portfolio Construction solutions. Cornerstone will also leverage Northern Trust custody and hedge fund administration services, and data visualization and ingestion capabilities from EDS. This new collaboration highlights the continued growth momentum of Northern Trust?s Investment Data Science (IDS) product suite, of which EDS is a key partner.

In the last 12 months, IDS has more than doubled the number of clients that utilize its services.