Northern Trust promotes outsourced trading expert to head of global strategic solutions

Move aligns with Northern Trust’s Whole Office strategy with new role for designing solutions.

By Jonathan Watkins

Northern Trust has named Gary Paulin as its new head of global strategic solutions for its asset servicing business. 

In the newly-created position, Paulin will lead the development and design of solutions that will enable clients to access and benefit from the full range of Northern Trust’s global capabilities.  

The shift in role aligns with Northern Trust’s Whole Office strategy, an end-to-end offering for its asset management and asset owner clients across the entire investment lifecycle. 

Paulin had previously been head of Northern Trust’s integrated trading solutions, its outsourced trading capability.  

He has over 20 years’ experience within the financial services industry, having joined Northern Trust in 2016 after the bank’s acquisition of Aviate Global, an institutional equity brokerage firm co-founded by Paulin.   

Paulin will report to Pete Cherecwich, president of Corporate & Institutional Services at Northern Trust, and be based in London.  

“As our capabilities to support the front office continue to grow, so do our client interactions. Gary’s expertise and experience to build relationships at a senior level with the front-office will be key,” said Cherecwich. “This strategic appointment also underscores our commitment to client collaboration and co-creation to help clients execute on their overall business strategy.” 

Northern Trust has been making plenty of moves to bolster its Whole Office strategy, including a recent FinTech investment through a stake in a behavioural science platform that optimises decision support for asset managers and allocators.  

Essentia Analytic provides behavioural analytics and consulting services that utilise a cloud-based platform to bring together historical data and behavioural science to identify and address biases in thinking that impact investment performance.