01 · Where Northern Trust Stands

Byron moved the margin. Byron 3.0 scales the engine.

The Name
1889

Byron carries the founder's name.

Named for founder Byron Laflin Smith. Now firmwide across sales, analytics, programming, and fraud prevention — not a pilot.

NT 2025 Annual Report · O'Grady, 2026 Annual Meeting
What Byron Has Delivered
>4%

of the 2025 expense base, saved by AI.

NT Byron's productivity savings exceeded 4% of the 2025 expense base. Every employee now has access.

CEO Michael O'Grady, 2026 Annual Meeting of Stockholders
Why Byron 3.0 Now
33%

margin target — up from 29.2% in 2025.

The AI productivity engine is NT's largest lever to close the ~400bps gap. Byron 3.0 keeps it compounding.

NT Q4 2025 8-K (Jan 22, 2026) · Strategic Update
The Scale to Serve · Infinite Scalability
$18.7T

in assets under custody & administration.

NT's stated AI strategy names infinite scalability as its third outcome. Byron 3.0 is the platform layer that governs and scales agents to that mandate.

AUC/A: NT Q4 2025 8-K · Strategy: O'Grady, Q1 2026 Earnings Call
The Byron Evolution
Byron 1.0

Retrieval

SharePoint-connected agents. Users had to know which agent to ask.

Byron 2.0

Orchestration

A parent agent routes intent to child agents. Built in Copilot Studio.

Byron 3.0

Enterprise intelligence

One governed layer across every framework, vendor, and business unit.

The Shift

Byron 2.0 proved the model at Northern Trust's scale. Byron 3.0 makes it structural — the enterprise intelligence layer beneath every agent, in every framework, across the firm.

02 · The Next Phase

Byron's success created three new realities.

Proving AI works was Byron 2.0. What comes next is defined by what that success set in motion.
Reality 01

Demand is expanding.

Business units increasingly want their own agents. Intake runs at 1–2 new requests per week, projected to exceed 50 business-unit agents by Q4 2026.

Consequence: the per-agent delivery model breaks.

Reality 02

Development is diversifying.

Agents are no longer Copilot Studio alone. Other pro-code frameworks (LangChain, LangGraph), digital coworkers, and third-party vendor AI now coexist.

Consequence: governance fragments across frameworks.

Reality 03

Governance stays uncompromising.

As adoption accelerates, enterprise expectations don't soften. Model risk, security, privacy, and compliance review must hold at custodian scale.

Consequence: without a platform, innovation slows.

The Diagnosis

Northern Trust's challenge is no longer building intelligent agents. It is institutionalizing the operating model that lets hundreds of agents be delivered with the same governance, trust, and efficiency as the first.

The Operating Model Has Become the Constraint
Byron 2.0 · Today

Every agent, built from scratch.

Business unit requests an agent
Custom integration
Custom governance review
Custom evaluation setup
Deploy
Repeated · every agent · 50+ times
VS
Byron 3.0 · The Layer

Every agent inherits the platform.

Registry — onboard once
Identity & policy — inherited
Governance — inherited
Evaluation — inherited
Deploy — governed by default
Built once · every future agent reuses it
Therefore, Byron 3.0 must institutionalize four capabilities
Scale

Grow AI adoption across business units without multiplying operational complexity.

Registry · Marketplace · Agent onboarding
Orchestrate

Coordinate agents, systems, and knowledge across a heterogeneous AI ecosystem.

Routing · Multi-agent workflows · MCP
Trust

Deliver secure, explainable, observable AI that users and control functions can rely on.

Identity · Evaluation · Observability
Govern

Policy, compliance, and lifecycle as platform properties — routed through NT's own review bodies.

Lifecycle · MRM · TPMO · Compliance
03 · The Architecture

Four capabilities, implemented as one layer.

Byron 3.0 is the enterprise intelligence layer between Northern Trust's front door and its agent estate. Scale, Orchestrate, Trust, and Govern become architecture — not aspiration.
The Byron 3.0 Platform · One Access Point, One Engine
Sovereign boundary · runs inside NT's cloud · zero data egress
Tier 1 · The single interface — NT owns this
NT Intranet Portal · Anchor Point
NT-Owned UI
👤
Business users → USE
Discover & use deployed agents through the marketplace. Ask questions, run workflows, get permissioned answers.
⚙️
Agent builders → BUILD
Access the Agent Builder from the same portal. Request, build, and submit agents into governed intake.
both paths flow into the engine
Tier 2 · The engine — Lyzr Studio powers everything
Any framework · orchestrated as-is, no rebuild  ·  Orchestrate
↑ inherited (Byron 2.0)
Digital coworkers
Third-party AI
Lyzr Studio
BUILD · RUN · GOVERN
Build & Run
Superflows
Skills
Tools
Knowledge Graph
Memory
Agent Runtime
Model routing
Govern  ·  [TRUST]
Guardrails
Security
Observability
Simulation
Improvement
Lyzr Control Plane  ·  [GOVERN + SCALE]
Agent CI/CD
Deploy Config
Agent Registry
Environments
Curate · NT's first knowledge layer
Enterprise Knowledge Layer

Metadata standards · content hygiene · orphaned-library archiving · RAG on NT content.

Scale
Agent Marketplace

Available & upcoming agents by function. Discover, use, express interest.

Business + Custom agents
Agent Workbenches

Prebuilt workbenches per business function + custom workflows.

Tier 3 · Connected to NT systems of record  ·  Connect
via reusable connectors / MCP
+ structured systems
Tier 4 · Deployed in NT's cloud  ·  Deploy
Any cloud · Azure-primary for NT
★ primary
LyzrOPTIMUS

On-prem agent appliance
with open-source models

Four capabilities mapped: Scale · Orchestrate · Trust · Govern — tagged [in brackets] on the relevant blocks above
Why the knowledge layer matters

Northern Trust has identified low maturity across metadata, content lifecycle, and semantic modeling — Byron 3.0 is the firm's first structured enterprise knowledge layer. This is where the platform earns retrieval trust as content and agents multiply.

The Agent Marketplace · Inside the Intranet
The live agent marketplace portal — employees discover available and upcoming agents by industry and function, view use cases, and express interest. One surface for both using and requesting agents.
The Agent Lifecycle
Every agent, tracked to the commit — governed through NT's own review bodies.
Request
Business unit or engineer requests an agent via governed intake.
Build
Copilot Studio, LangGraph, or Agent Builder.
Register
Onboard into the registry — owner, version, access boundaries.
● v-tag
Non-prod deploy
Staged in a controlled environment.
● v-tag
Evaluation gate
Accuracy, policy, and safety checks. Simulation Engine.
Review-body approval
MRM · TPMO · Security · Privacy · Compliance
Production
Live via Anchor Point. HITL for sensitive actions.
● v-tag

Workflow modes — Synchronous and asynchronous execution, with defined human escalation paths for sensitive or exception cases.

Fail at the evaluation gate — automatic rollback, environment cleaned up, nothing reaches production.

Production → Monitor (observability & audit trail) → loops back to Evaluation for continuous improvement
Nothing Replaced · Everything Governed

Byron 2.0's Copilot Studio orchestration keeps running. Pro-code frameworks keep building. Lyzr adds the enterprise layer both need to move from scattered agents to a governed estate — without rebuilding what already works.

Agent building
Existing frameworks handle

Copilot Studio, LangChain / LangGraph — build agents natively

The Intelligence Layer adds

Registry every agent onboards into — one identity model, one governance gate, regardless of who built it or where

Orchestration
Existing frameworks handle

Byron 2.0 parent agent routes across Copilot Studio children

The Intelligence Layer adds

Cross-framework routing — intent routing and handoffs across Copilot Studio, other pro-code frameworks, and third-party AI

Data & grounding
Existing frameworks handle

SharePoint, ServiceNow, Power BI connectors exist as native integrations

The Intelligence Layer adds

Reusable connector patterns & MCP — one integration pattern that scales across business units instead of bespoke per agent

Evaluation & safety
Existing frameworks handle

Framework-level guardrails on individual agents

The Intelligence Layer adds

Platform evaluation gate — accuracy, relevance, and policy checks before any agent reaches production traffic

Governance & audit
Existing frameworks handle

Logging and access controls within each framework's own environment

The Intelligence Layer adds

One control plane — one entitlement model, one audit trail across every framework, routed through NT's review bodies

The Compounding Advantage

Byron 2.0's agents aren't thrown away — they become the first tenants of the layer. Every agent after them inherits governance, identity, evaluation, and connectors already built. The estate Northern Trust already runs becomes its foundation.

04 · Why Lyzr

One platform. Three enablers on top.

Lyzr Studio powers the engine. Three enablers accelerate the journey — and transfer capability to Northern Trust's own teams.
THE FOUNDATION

Lyzr Studio

The platform that powers all three enablers — build, run, govern, and improve agents in one place, inside Northern Trust's own cloud boundary.

Consulting

Use-case identification and prioritization, journey planning, value realization, and MBR / QBR frameworks — the top-down view of where Byron 3.0 creates the most value.

Forward-Deployed Engineers

Applied engineers embedded with Northern Trust's team. They accelerate the first builds, then transfer capability so NT engineers own the platform.

Training + Knowledge Repository

Enablement for NT independence. Reusable agent patterns, reference architectures, and deployment playbooks — so the second, tenth, and hundredth agent onboard faster than the first.

Why Northern Trust Chooses Lyzr Over Building Internally

Governance built in

Registry, identity, evaluation, audit trails, and human-in-the-loop are platform capabilities from day one — not 5–6 months of engineering before the first workflow ships.

Orchestrate, don't migrate

Existing Copilot Studio and pro-code agents connect as-is. This matches NT's own stated near-term strategy and removes the single largest cost driver in most platform programs.

Capability transfer, not lock-in

Code-level IP transfer of accelerators, connectors, and governance workflows into NT's own repository. The platform becomes Northern Trust's operating capability, with Lyzr in an advisory role.

05 · Proven

Proven where trust must be earned.

Global consulting firms. Fortune 500 enterprises. Regulated financial institutions. Lyzr has already been chosen where the stakes are highest and the scrutiny is deepest.

Chosen by peers

Trusted by the environments.

Accenture logo
WTW logo
Publicis Groupe logo
Crown Castle logo
KPMG logo
Prophet logo
Global consulting · Fortune 500 · Regulated enterprises
Backed by

Strategic investors betting on Lyzr's agentic future.

Accenture Ventures logo
Invested twice. Conviction, doubled.
Rocketship.vc logo
Firstsource logo
Strategic investors · Capital and conviction
Recognized by the firms that shape the market

Awards and analyst recognition.

CB Insights logo
CB Insights · 2026
Top AI 100
Ranked #6

By Mosaic Score. Top 6% of the cohort.

Gartner logo
Gartner · 2026
Hype Cycle for Agentic AI
Featured Mention

Named vendor in the emerging agentic AI category.

HFS Research logo
HFS Horizons · 2026
Enterprise Innovator
Horizon 2

Agentic Technology category.

Everest Group logo
Everest PEAK Matrix® · 2026
Agentic AI Products
Major Contender

Recognized in the leading independent evaluation.

Independent analyst validation · 2026
Certified · Secure · Ready

The credentials that matter.

SOC 2 Type II
Security & availability
ISO 27001
Information security
GDPR
Data protection
ISO 27701
Privacy management
The partnership

Northern Trust brings 136 years of institutional trust and the Byron platform it has already proven. Lyzr brings the enterprise layer to scale it. Together — a governed intelligence platform that compounds with every agent, every cycle.

06 · The Delivery Journey

Four phases. Lyzr's role shrinks at each one.

Aligned to Northern Trust's requested delivery motion. Capability transfer is built into the sequence — the platform ends as NT's own.
Phase 1 · ~6–8 wks

Define

Lyzr-Led

Byron 3.0 architecture, orchestration, identity and security model, platform decisioning.

Phase 2 · ~6–8 wks

Design

Lyzr-Led

Agent interaction patterns, routing, handoff protocols, governance and intake model.

Phase 3 · ~10 wks

Build

Co-Delivery

Intelligence-layer MVP, first agent cohort registered and evaluated, security validated. NT engineers shadow, then co-own.

Phase 4 · Time-bound

Scale

NT-Owned

Operating model, registry scale-up, hypercare — then capability handed fully to NT teams. Lyzr shifts to advisory and support.

Lyzr-Led
Co-Delivery
NT-Owned

Enterprise Service Levels & Resilience

Service Levels
  • Platform availability aligned to enterprise usage
  • Incident classification & time-bound response by impact tier
  • Orchestration latency and throttling to protect core use cases during peak
  • Regular reporting on platform health, routing outcomes, and policy events
Resilience
  • High availability and disaster-recovery alignment
  • Graceful degradation — individual agent or integration failures don't take down the platform
  • Predictable behavior when context, permissions, or downstream services are unavailable
  • Artifacts provided for audit, risk, and compliance reviews
Future Ready

Byron 3.0 is the foundation, not the destination. The same governed layer extends to an enterprise agent marketplace, cross-business intelligence, and — on Northern Trust's own roadmap — client-facing AI services.

07 · Commercial

One number. Shared risk.

Northern Trust carries no delivery risk and no consumption risk in Year One. Lyzr funds the team; NT pays one fixed license.
Year One
$1,000,000
Fixed. Unlimited use. No overage at any volume.
  • Full Lyzr platform — governance, orchestration, lifecycle, evaluation, environments
  • Delivery team funded by Lyzr — 7 people, no charge
  • On-site FDE consultant, 6 months
  • Bangalore agentic pod — 6 resources, 12 months
  • No separate charge for implementation, integration, or usage
Year Two Onwards
$1,000,000 base
Fixed base + measured consumption. Rate published & held in advance.
  • 200 billion TPL included in base
  • $250,000 per additional 50 billion TPL — flat, no step-ups
  • 250B → $1.25M · 300B → $1.5M · 400B → $2.0M
  • Delivery support optional — NT teams, Lyzr pod, or hybrid
Year OneYear Two
Platform license$1,000,000$1,000,000 base
UsageUnlimited200B TPL included
Additional consumptionNone$250K per 50B TPL
Delivery & engineeringIncluded · Lyzr-fundedOptional
LLM inference & computeNT directNT direct
Agentic IP ownershipNorthern TrustNorthern Trust
What NT pays directly · outside the license
  • LLM inference — NT's own model providers, no Lyzr markup
  • Cloud & hosting compute — NT's own Azure
  • Model- and cloud-agnostic, change anytime
IP & exit · no lock-in
  • NT owns everything built — agents, prompts, knowledge, integrations, Byron 3.0 in full
  • Open-source core, no proprietary runtime dependency
  • Exit assistance & open-format export committed at signature
On T&M

The RFP invites both fixed-bid and T&M. Lyzr submits a fixed bid only — T&M pays a vendor more when delivery takes longer, pointing the incentive the wrong way on an intelligence layer. Lyzr carries the schedule risk instead. A T&M schedule is available on request.

The Commercial Principle

Byron 3.0 creates value when it reaches scaled, governed production — not when a timesheet is filed. Lyzr funds the path there and prices the platform as one fixed, defensible number.