Securities Lending
Securities lending can play a significant role in your investment portfolio and risk management strategy. With our deep industry knowledge, we can help you extract the highest amount of intrinsic value from loans. We will work with you to optimize the value of your portfolio while continuing to support your investment strategy.
We strive to understand your unique needs and work closely with you to implement a program that meets your return objectives while managing risk in global markets. For more than 35 years, Northern Trust’s securities lending team has helped arrange loans on our clients’ behalf. Our commitment to our business and our clients is continuous.
Customized Lending Program
We’ll work with you to customize your lending program based on your risk and return objectives. Select the type of collateral you are willing to accept, set minimum fees, approve borrowers and determine any limits—all in accordance to your own specifications.
Our comprehensive range of equity and fixed income markets, combined with a network of 60+ highly rated parent borrower organizations, provides a variety of options to assist in supporting your portfolio objectives.
Technology-Powered Solutions
Monitor your securities lending program and receive transparent reporting through our state-of-the-art reporting tool on Northern Trust Passport®, which displays timely and relevant program metrics. Additionally, our global trading platform streamlines the securities lending process for seamless communication between borrowers and Northern Trust, ensuring you receive competitive pricing on securities lent from your portfolio. With 24-hour trading offices located in Chicago, London, Hong Kong, Sydney and Toronto, our program’s reach is global.
Unrivaled Client Service
Our robust risk management practice uses performance data to evaluate the potential risks and returns of transactions, allowing you to benchmark our performance and compare us to the rest of the industry.
We are focused on delivering superior results tailored to your needs. Our global team of securities lending professionals is dedicated to building relationships based on trust and reliability.
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George B. Trapp, Series 7 and 63 licenses |
George B. Trapp, Series 7 and 63 licenses
George Trapp is a senior vice president and head of securities lending client relations at The Northern Trust Company, Chicago. George acts as the manager for the securities lending client sales and servicing team for Northern Trust's securities lending business in North America. He is responsible for ensuring that securities lending clients receive quality and coordinated services from our operations, trading and investment areas.
George participates in the global securities lending management team and various committees around the bank including the securities lending collateral committee, security watchlist group, corporate and institutional services management group, America's business oversight committee and corporate and institutional services fee review committee.
George has over 23 years of experience in the securities lending industry at Northern Trust. During his career George has held positions in trading, product development, client servicing and management for the securities lending group. Additionally George has worked in the Chicago, London and Hong Kong offices. Prior to his client relations responsibilities in Chicago, George was regional manager for the Asia Pacific securities lending business. Based in Hong Kong, George's responsibilities included addressing and evaluating securities lending initiatives for lenders and borrowers where Northern Trust as as an agent lender in the Asia Pacific region.
George received a B.A. degree in economics from Denison University, Ohio and an M.B.A. degree with concentrations in marketing, finance, and management strategy from J. L. Kellogg Graduate School of Management at Northwestern University. He holds NASD Series 7 & 63 Securities Licenses.
George is a Board member of the Trustees of the Frank J.R. Mitchell Scroll Endowment Fund.