Share page with AddThis

News

Northern Trust appoints head of global strategic solutions

Outsourcing1Global custodian Northern Trust has stepped up its front office outsourcing business with the appointment of Gary Paulin as head of global strategic solutions.

He will be based in London for the newly created position, reporting to Pete Cherecwich, president of corporate & institutional services at Northern Trust.

Paulin previously served as global head of integrated trading solutions.

He joined Northern Trust in 2016 following the acquisition of Aviate Global, an institutional equity brokerage firm he co-founded.

According to Cherecwich, Paulin’s experience in the front office was key to the appointment as the asset servicer looks to grow its outsourcing business.

Like other asset servicers, Northern Trust has looked to expand its offering beyond back and middle-office functions to include trading and order management.

© 2021 fundsTech

Most read features

Roundtable: The digital transformation opportunity

The funds industry is looking at adopting new types of technology, from automation to ESG reporting, blockchain and tokenisation. A FundsTech roundtable in March explored how these will revolutionise the sector.

Regulation: Panel calls for simplicity in ESG reporting

The industry accepts the need for more rigour in ESG fund reporting, but the work will be pointless if investors don’t understand the end result. Nicholas Pratt reports.

Tokenisation: The incredible potential of tokenisation

Tokenisation offers a new generation of investors access to a wide range of asset classes. But a lack of analysts is one reason why the market may not be ready for the possibilities, finds Nicholas Pratt.

Cryptocurrencies: Crypto funds face long wait for regulatory approval

While crypto currencies forge onwards, access for investors who prefer to invest through regulated vehicles remains muted. A wait-and-see stance by regulators lies at the centre of this, finds Nicholas Pratt.

Artificial Intelligence: For explainable AI, look in the white box

The rise in AI investing parallels A growing need to understand how computers make decisions, writes Lynn Strongin Dodds.

Sponsored Profiles

The importance of trust when building successful client-vendor teams

Petra Roche and Anna Kanior-FlorekFundTech speaks to Metrosoft’s Petra Roche and Anna Kanior-Florek about cross-organisational relationships and why mutual trust...

The digitally connected Global Transfer Agent

Anand Ramachandran, Vice President, Global Head of Solutions, Richard Clarkson, Head of Solutions, Funds and Swapnil Joshi, Senior Strategy Manager from Oracle Financial Services Global...

Data consolidation takes centre stage in asset management M&A

MergersConsolidation between asset management firms is overwhelmingly expected to increase. Operational challenges remain thanks to legacy systems. But in a recent...

Are you being microserved?

As asset managers grapple with new digital technology, FundsTech talks to Calastone’s Adam Belding about the importance of software architecture and the benefits...