Sep 12, 2023 / 01:45PM GMT
Unidentified Analyst -
Great. Moving right along, very pleased to have Northern Trust with us this morning. If we could put up the first ARS question that we've been asking everyone. We got Jason who's been a regular participant at this conference, CFO. We have Peter returning, was here, I think last kind of right before COVID, who runs their asset servicing unit. So we try to kind of balance the conversation between Pete's world and Jason's world.
Questions and Answers:
Unidentified Analyst -Pete, maybe begin with you, President of Asset Servicing, I think $13.5 trillion in assets under costing and administration, $1 trillion in AUM, it's like 60% of the company's revenue. So obviously, a very, very big business and driver of a lot of the stuff that Jason talks about. Maybe you could start big picture in terms of kind of what you're hearing, seeing from your clients against this dynamic backdrop.
Peter B. Cherecwich - Northern Trust Corporation - Executive VP & President of Asset Servicing
Sure. I'll start off with -- I
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