Northern Trust to Provide Custody Services for St. Joseph Health System in California

Northern Trust announced today it has been selected to
provide custody services for the St. Joseph Health System (SJHS),
based in Orange, Calif. Northern Trust will provide custody and
related services, including Investment Risk Analytical Services,
for the $1.8 billion operating assets of SJHS. Northern Trust
distinguished itself in the selection process with a dedication to
client service and technology innovation, and particularly with
their web-portal Passport, said Lisa M. Laird, Vice President of
Investments and Cash Management for St. Joseph Health System. The
Passport system provides an intuitive tool that eases our data
integration process, as well as allowing us to achieve efficiency
while maintaining the highest standards of security and data
integrity. Northern Trust is committed to meeting the asset
servicing needs of leading not-for-profit institutions like St.
Joseph Health System, said Laurie Neu, Group Head for Public
Entities and Institutions at Northern Trust. We feel that our
client service model of understanding client needs with attention
to detail, coupled with innovation and flexibility, leads to
valuable solutions and differentiates the Northern Trust offering.
St. Joseph Health System provides a full range of care facilities
including acute care hospitals, home health agencies, hospice care,
outpatient services, skilled nursing facilities, community clinics,
and physician organizations throughout California, Texas and New
Mexico. SJHS has 24,000 dedicated employees and more than 6,000
physicians. About Northern Trust Northern Trust Corporation
(Nasdaq: NTRS) is a leading provider of investment management,
asset and fund administration, banking solutions and fiduciary
services for corporations, institutions and affluent individuals
worldwide. Northern Trust, a financial holding company based in
Chicago, has offices in 18 U.S. states and 16 international
locations in North America, Europe, the Middle East and the
Asia-Pacific region. As of September 30, 2011, Northern Trust had
assets under custody of US$4.2 trillion, and assets under
investment management of US$644.2 billion. For more than 120 years,
Northern Trust has earned distinction as an industry leader in
combining exceptional service and expertise with innovative
products and technology. For more information, visit
www.northerntrust.com.