Northern Trust joins OSI financial services group to standardize data definitions

Northern Trust Corporation

Northern Trust Corporation

NTRS

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  • Northern Trust joined the Open Semantic Interchange as a founding member of its Financial Services Working Group.
  • The consortium aims to harmonize fragmented financial data definitions through an open, industry-neutral semantic model framework.
  • Northern Trust expects the shared standards to improve data interoperability across firms, clients, and technology providers, supporting AI-driven workflows.
  • The initiative was announced at Snowflake Summit 26, with Snowflake participating as a technology partner.


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