Northern Trust deploys AI agent to prepare institutional client data

Northern Trust and Microsoft announced deployment of an AI agent that converts historical transaction data into a standardized format for Northern Trust's Front Office Solutions platform. The companies say it cut data preparation time by 83%, from two and a half weeks to three days, in measured production onboarding cases. Built on Azure, the agent integrates with Excel and SharePoint so analysts can review outputs, resolve exceptions and approve the work before clients go live. A separate controlled test across seven representative cases produced a 96.5% first-pass F1 score, which combines precision and recall. That score measured outputs before analyst corrections.