25 May 2018

Northern Trust appoints Vetsch to head technology ops for outsourcing businesess

18 October 2004  |  1296 views  |  0 Source: Northern Trust

Northern Trust, a leading global custody, asset administration, and investment management service provider, announced today the appointment of Werner Vetsch, Senior Vice President, as head of operations and technology for its U.S. Investment Operations Outsourcing business.

Vetsch, located in Chicago, will report to Joyce St. Clair, Executive Vice President, Worldwide Operations and Technology. In this new role, Vetsch will be responsible for managing all operations and technology for Northern Trust's growing outsourcing business, which currently supports investment managers with a combined total of over $550 billion in assets under management.

"Over the 10 years that Northern Trust has been providing outsourcing services to the investment management community, the demands and needs of this specialized client base have grown," said St. Clair. "With over 20 years of experience in this business, Werner is uniquely qualified to help us further meet client needs as well as continue to help grow this important market segment."

Prior to this appointment, Vetsch had been responsible for the Investment Management Liaison Group within Northern Trust since 1999, and managed the divisions that provide support services to over 1,200 North American investment managers and handle in excess of 750,000 trades each month. He was also a vice president and group head of the Advisor Services Group for Bankers Trust/Deutsche bank, an assistant vice president in worldwide operations and technology at Citibank, N.A., and held various positions with broker/dealers in New York.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
17981 views comments | 2 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
8423 views comments | 18 tweets | 26 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7133 views comments | 13 tweets | 13 linkedin
There are some things you just can't do with an appThere are some things you just can't do wi...
6250 views comments | 9 tweets | 15 linkedin
satelliteBofA begins full scale rollout of AI chatb...
5959 views comments | 3 tweets | 4 linkedin