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Northern Trust, IBM Pioneer Use of Blockchain Technology to Help Transform Private Equity Administration
February 22, 2017
LONDON, Feb. 22 -- IBM issued the following news release:

Northern Trust (Nasdaq: NTRS), in collaboration with IBM (NYSE: IBM) and other key stakeholders, has launched the first commercial deployment of blockchain technology for the private equity market.

While private equity returns can be attractive, the infrastructure supporting private equity has seen little innovation in recent years at a time when investors are seeking greater transparency, security and effici . . .

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