Dan Houlihan Appointed to Senior Leadership Role as Head of Northern Trust Asset Servicing, Americas
September 04 2018 - 9:30AM
Business Wire
Northern Trust (Nasdaq: NTRS) announced today that Dan Houlihan
has been named Head of Asset Servicing, Americas, a newly-created
position responsible for delivering the full range of front, middle
and back office services to both asset owners and asset managers
across the region.
In his new role Houlihan will lead Northern Trust’s business
servicing institutional investors across the Americas, including
corporations, public pensions, foundations and endowments. He will
also continue as regional head of Global Fund Services (GFS),
providing custody, fund administration, investor servicing and
middle office capabilities to asset managers.
“This appointment marks an important step in the evolution of
Northern Trust’s global asset servicing business,” said Pete
Cherecwich, President of Corporate & Institutional Services at
Northern Trust. “We see a convergence in the needs and expectations
of asset owners and investment managers across back, middle and
front office solutions, including outsourcing operational elements
of their business and the demand for real-time data and analytics.
Dan’s understanding of this business – the converging needs of this
client base and the advantages technology can bring to bear - will
be a powerful combination in this new role.”
Houlihan joined Northern Trust in 2008 and led Investment
Operations Outsourcing before he was named head of GFS Americas in
2012. Prior to Northern Trust, he spent 19 years in leadership
positions for investment management, technology, and services
companies, including Citisoft, Inc. where he was President.
Houlihan has been Chairman of the Board for the National Investment
Company Service Association (NICSA) since 2016.
“This an exciting time in financial services as we couple our
servicing expertise with emerging technologies to deliver
increasingly intuitive and insightful information to help drive
performance for our clients,” Houlihan said. “I look forward to
working with our team and partnering with clients across the region
to help shape the next-generation technology and operating
model.”
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has offices in the
United States in 19 states and Washington, D.C., and 23
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of June 30, 2018, Northern Trust had assets
under custody/administration of US$10.7 trillion, and assets under
management of US$1.1 trillion. For more than 125 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South LaSalle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/disclosures.
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version on businesswire.com: https://www.businesswire.com/news/home/20180904005103/en/
Northern TrustEMEA Contact:Camilla Greene+44 (0) 207 982
2176Camilla_Greene@ntrs.comorUS & Canada Contact:John
O’Connell+1 312 444
2388John_O'Connell@ntrs.comhttp://www.northerntrust.com
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