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Board authorizes master custodian talks with Northern Trust

The University of Texas System | State of Texas logoThe University of Texas System | State of Texas
Document date
Aug 20, 2025

The 30-second brief

What it covers

The U.T. System Board of Regents authorized negotiation of a Master Custodian Agreement with Northern Trust Corporation to serve as master custodian for investment assets managed by UTIMCO. The agreement will replace The Bank of New York Mellon Corporation following a competitive review of custodial banks.

Who holds it

Northern Trust Corporation holds this financial services contract with The University of Texas System | State of Texas. Its other public contracts on record include work for University Of Utah and Helix Water District.

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Contract details

Contract type
Financial Services
Document date
August 20, 2025
Vendor
Northern Trust Corporation
Agency
The University of Texas System | State of Texas
Source document
ut_system_board_of_regents_consent_agenda_aug_2025.pdf (Minutes)

Northern Trust Corporation's other public contracts

University Of Utah, UtahNorthern Trust Delivers University of Utah Investment Report · Aug 4, 2026UndisclosedHelix Water District, CaliforniaDistrict Invests In Northern Trust Corporation Bond · Jun 30, 2026Kent County, MichiganNorthern Trust awarded $26,884.47 payroll contract · Nov 19, 2025$26.9KTown of Niles, IllinoisNorthern Trust provides ongoing trust services · Oct 14, 2025UndisclosedCity of Jacksonville, FloridaNorthern Trust Paid for Financial Services · Aug 22, 2025$20.1KAll Northern Trust Corporation contractsVendor profile

More The University of Texas System | State of Texas contracts

U.S. Bank National AssociationUT System validates U.S. Bank ISDA swap agreement · Aug 13, 2026UndisclosedBarclays Bank PlcUT System affirms ISDA framework with Barclays Bank · Aug 13, 2026UndisclosedStandard & Poor's Ratings ServicesS&P to rate University of Texas System bonds · Aug 13, 2026UndisclosedDeutsche Bank Ag New York BranchUT System sets conditions for Deutsche Bank swap deals · Aug 13, 2026UndisclosedCitibank N.A.UT System continues ISDA master with Citibank · Aug 13, 2026UndisclosedAll The University of Texas System | State of Texas activityAgency profile

Questions about this contract

Who was awarded the financial services contract by The University of Texas System | State of Texas?

Northern Trust Corporation was awarded this financial services contract by The University of Texas System | State of Texas, as recorded on August 20, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in ut_system_board_of_regents_consent_agenda_aug_2025.pdf (Minutes), dated August 20, 2025 from The University of Texas System | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northern Trust Corporation hold?

Northern Trust Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is The University of Texas System | State of Texas currently buying?

Explore The University of Texas System | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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