Northern Trust wins $15 billion SCERS asset servicing contract

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Northern Trust Selected by $15 Billion Sacramento County Employees’ Retirement System for Asset Servicing

April 23, 2026 10:15 AM EDT

CHICAGO--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) today announced it has been selected by Sacramento County Employees Retirement System (SCERS) to provide a range of asset servicing and outsourced solutions, including global custody, securities lending, and accounting services.

SCERS, a $15 billion multipleemployer public retirement system established in 1941, serves eligible public employees of Sacramento County by prudently managing assets and delivering retirement, disability, and survivors benefits.

As part of the engagement, Northern Trust will deliver integrated financial reporting and accounting services designed to streamline quarterly reporting and yearend processes, including Annual Comprehensive... More