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Northern Trust expands front office solutions with two strategic hires

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Northern Trust (Nasdaq: NTRS) has appointed Jane Western as chief operating officer (COO) of Front Office Solutions and Deirdre Cannell as senior business development executive for Front Office Solutions. 

These strategic hires bolster Northern Trust’s commitment to providing leading front office capabilities to clients globally.

Front Office Solutions is an integrated digital and service solution focused on enabling enhanced data integration, collaboration and portfolio analysis for complex asset owners such as endowments, pension funds and family offices. The business has grown significantly since its launch in 2017, with more than USD150 billion in assets tracked on Front Office Solutions’ technology platform (Source: Northern Trust as at August 21, 2020) and a team of more than 60 professionals that continues to expand to accommodate client demand.

“Front Office Solutions caters to the evolving needs of asset owners and allocators across the globe, going far beyond traditional asset servicing offerings,” says Melanie Pickett, head of Front Office Solutions. “Our capability has been met with huge demand and we’ve been growing our skilled team to maximise the service that we provide to our clients. The additions of Jane and Deirdre to our team underscore our ongoing commitment to expand the breadth and depth of our offering.”

Before being named COO, Western served on the Front Office Solutions leadership team since August 2019 and served as interim COO since December 2019. She has had a distinguished professional career in operations and risk management for asset owners, including senior roles at Wilshire Associates, Fidelity Investments, Ameritech, The Boeing Company and The American Red Cross before joining Northern Trust.

Cannell will be responsible for new business development for Front Office Solutions across North America. Dedicating a specialised new business resource will enable the team to provide greater engagement with complex asset allocators with the unique and innovative capabilities offered by Front Office Solutions.

Cannell came to Northern Trust from SS&C where she worked in business development and key account management. She also previously worked at SimCorp and Bridgewater Associates.

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