Northern Trust has appointed Terry Drewett and Graeme Partridge as Vice Presidents in London.
Drewett – a well-known securities services specialist who has worked at UBS Warburg, Reuters and latterly FMC – has joined to introduce and manage initiatives to enhance trade process flows across Northern Trust’s outsourcing, traditional and alternative funds, and funds of funds trade processing platform. His last position was as a Business Development Manager at FMC for the UK and Europe. He spent three years at FMC.
Drewett was previously a member of the ISITC (Europe) Executive Committee and was co-chair of the Industry User Group during which time he oversaw the publication of the Electronic Trade Confirmation Code of Best Practice in 1996 and again in 2000. The Code is now a recognized industry standard.
Partridge, who joins from Credit Suisse, joins with a brief to ensure that Northern Trust’s operational processes are able to meet client needs while remaining scaleable to support future growth. At Credit Suisse, he was brought in as a consultant to work on operational review of the US Equity and Fixed Income businesses. Partridge has 20 years of investment banking experience gained within major brokerage houses, including Deutsche Bank and Dresdner Kleinwort Wasserstein, primarily within the operations and client service divisions.
“Northern Trust’s single global platform is unique, and as we grow and expand our service capabilities it is crucial that we continue to provide robust and cutting edge processing solutions to our growing client base,” says Justin Chapman, Senior Vice President within Northern Trust’s WWOT group. “With the appointments of Terry and Graeme, we are committing additional resources to ensure that our platform develops uniformly as a single operating system, able to support Northern Trust’s evolving business and meet client needs.”