Northern Trust Creates Cross Market Solution Team

Northern Trust has made a series of appointments to a revamped capital markets business, including the creation of a client solutions team that works across asset classes.

The bank says the new team was created in response to increasing industry demand for “comprehensive, sophisticated outcome-oriented front office transactional and optimisation solutions. It will bring together brokerage, securities finance, foreign exchange and other capital markets capabilities to address the challenges faced by asset managers and asset owners as they navigate changing economic and regulatory environments.

London-based Gerard Walsh has been appointed global head of client solutions for capital markets. He was most recently head of integrated trading solutions (ITS) for EMEA, and will report to Guy Gibson, global head of capital markets.

Grant Johnsey will assume the newly created role as head of client solutions for capital markets in the Americas. Based in Chicago, he was most recently head of ITS – Americas and will report to Walsh.

Glenn Poulter has been named global head of ITS, and will be based in London reporting to Gibson, while Stephanie Farrell has been named head of ITS – Americas, to replace Johnsey. Based in Chicago, she was most recently head of ITS Client Services – Americas.

Amy Thorne succeeds Walsh as head of ITS EMEA. She was most recently a senior relationship manager for ITS and continues to be based in London. Both Farrell and Thorne will report to Poulter.

In another shift, Jon Cherry will assume management responsibility as head of brokerage – Americas, based in Chicago. He was formerly global head of options trading at the bank.

“These changes and leadership appointments position our business to better serve our clients’ need for comprehensive tailored solutions that best address their business challenges,” says Gibson. “This is a reflection of our ongoing investment in capital markets expertise and technology, alongside our inherent strengths.”