Pete Cherecwich's guest appearances

Pete Cherecwich

Waters Wavelength

Operational Leaders

Faster Forward

Christine Chang

Anthony Scaramucci

Norm Champ

Brian Davis

James Newman

Paul Chou

David Lewis

Jesse Lund

Steve Bruce

Bill Kelly

Suresh Kumar

Bill Murphy

Mark Fordyce

Tony Amicangioli

Bill Salus

OwlTail

Data is rapidly evolving, and its impact is changing the way that our world operates. Innovations in data have left a big mark on the financial services industry in recent years, allowing organizations access to insights to improve their operations, create new products and better serve clients. Northern Trust has taken advantage of improvements in …  Read More  Read More

Data is rapidly evolving, and its impact is changing the way that our world operates. Innovations in data have left a big mark on the financial services industry in recent years, allowing organizations access to insights to improve their operations, create new products and better serve clients. Northern Trust has taken advantage of improvements in … <a href="https://faster-forward.blubrry.net/2022/11/15/data-driven-with-pete-cherecwich-ep-1/" rel="nofollow" target="_blank"> Read More Read More</a>

Data Driven with Pete Cherecwich

Pete Cherecwich serves as the President of Northern Trust Asset Servicing where he oversees 10,000 employees and multiple business lines.  From this position, he has a unique perspective on the asset management business. In this episode, Pete provides background on the evolution of the asset servicing business from custodian to fund administration and to outsourced services such as data analytics and trading.  He also provides his views on the future of the buy side firm and what he sees as the inevitable trend toward the core functions of portfolio management and distribution. In between, he shares some thoughts on how to grow and successfully manage a 10,000 employee organization. To learn more about Pete, Northern Trust Asset Servicing, and Pete’s industry blog called “Face Value,” please see  his page on the Northern Trust website.

Pete Cherecwich serves as the President of Northern Trust Asset Servicing where he oversees 10,000 employees and multiple business lines.  From this position, he has a unique perspective on the asset management business. In this episode, Pete provides background on the evolution of the asset servicing business from custodian to fund administration and to outsourced services such as data analytics and trading.  He also provides his views on the future of the buy side firm and what he sees as the inevitable trend toward the core functions of portfolio management and distribution. In between, he shares some thoughts on how to grow and successfully manage a 10,000 employee organization. To learn more about Pete, Northern Trust Asset Servicing, and Pete’s industry blog called “Face Value,” please see <a href="https://www.northerntrust.com/united-states/insights-research/asset-servicing/experts/cherecwich-peter" rel="nofollow" target="_blank"> his page on the Northern Trust website</a>.

Pete Cherecwich Explains the Expanding Role of Asset Servicing

This week, Pete Cherecwich, president of asset servicing at Northern Trust, joins the podcast to talk about how outsourcing has bled into the front-office, as well as how perception towards outsourcing has changed. The last time he joined the podcast, Pete spoke about the challenge firms face offering convenience while ensuring those services are secure.  https://www.waterstechnology.com/data-management/4250291/wavelength-podcast-episode-160-peter-cherecwich-of-northern-trust 4:00 – Tony and Wei-Shen briefly discuss the interview with Pete. 9:30 – Pete joins the podcast and explains how firms see value in outsourcing technology. 14:00 – There can be positive and negative ripple effects from outsourcing non-core functions. 17:30 – Pete says outsourced trading uptake is driven by firms looking to strike a balance between costs and alpha generation. 20:30 – Covid-19 has changed the way people trade, and the concept of a physical trading floor. 29:00 – Pete talks about Northern Trust’s expansion plans. 34:00 – They wrap up talking about identifying the likelihood of blockchain adoption.

This week, Pete Cherecwich, president of asset servicing at Northern Trust, joins the podcast to talk about how outsourcing has bled into the front-office, as well as how perception towards outsourcing has changed. The last time he joined the podcast, Pete spoke about the challenge firms face offering convenience while ensuring those services are secure. <a href="https://www.waterstechnology.com/data-management/4250291/wavelength-podcast-episode-160-peter-cherecwich-of-northern-trust" rel="nofollow" target="_blank">https://www.waterstechnology.com/data-management/4250291/wavelength-podcast-episode-160-peter-cherecwich-of-northern-trust</a> 4:00 – Tony and Wei-Shen briefly discuss the interview with Pete. 9:30 – Pete joins the podcast and explains how firms see value in outsourcing technology. 14:00 – There can be positive and negative ripple effects from outsourcing non-core functions. 17:30 – Pete says outsourced trading uptake is driven by firms looking to strike a balance between costs and alpha generation. 20:30 – Covid-19 has changed the way people trade, and the concept of a physical trading floor. 29:00 – Pete talks about Northern Trust’s expansion plans. 34:00 – They wrap up talking about identifying the likelihood of blockchain adoption.

Episode 202: Northern Trust’s Pete Cherecwich, Part 2

Pete Cherecwich, president of Corporate &amp; Institutional Services (C&amp;IS) at Northern Trust, joins the podcast to examine the challenges that firms face today when trying to offer convenience through technological innovation, while also making sure that these services are secure—the old security-versus-convenience debate, but on an enterprise scale. Also, Bloomberg intends to exit two key businesses and WatersTechnology has a new reporter. Pete Cherecwich1:00 Pete joins the podcast2:30 Security versus convenience4:00 The problem with trying to monetize internal data5:30 Navigating convenience and functionality10:00 Changing the culture and organization13:30 The problem with tech disintermediation 15:30 The blockchain question18:30 Is an industry data utility the right answer?20:30 GDPR23:00 Security best practices24:30 Northern Trust is partnering with Bloomberg to offer custodial data27:00 C&amp;IS’ product roadmap for 2019 https://www.businesswire.com/news/home/20190326005582/en/Northern-Trust-Drives-Front-to-Back-Office-Integration-Asset https://www.waterstechnology.com/data-management/4080856/northern-trust-aims-to-automate-institutional-transfer-agency https://www.waterstechnology.com/technology/4047886/northern-trust-plans-wider-blockchain-rollout-in-2019 In the News30:00 Some big, exclusive news: Bloomberg intends to exit its Sell-Side Execution and Order Management Solutions (SSEOMS) and its Know-Your-Customer (KYC) businesses, which includes Entity Exchange and Entity Intelligence. https://www.waterstechnology.com/data-management/4248511/bloomberg-plans-to-exit-sseoms-kyc-business-lines 36:00 Introducing WatersTechnology’s newest reporter, Rebecca Natale!

Pete Cherecwich, president of Corporate &amp; Institutional Services (C&amp;IS) at Northern Trust, joins the podcast to examine the challenges that firms face today when trying to offer convenience through technological innovation, while also making sure that these services are secure—the old security-versus-convenience debate, but on an enterprise scale. Also, Bloomberg intends to exit two key businesses and WatersTechnology has a new reporter. Pete Cherecwich 1:00 Pete joins the podcast 2:30 Security versus convenience 4:00 The problem with trying to monetize internal data 5:30 Navigating convenience and functionality 10:00 Changing the culture and organization 13:30 The problem with tech disintermediation 15:30 The blockchain question 18:30 Is an industry data utility the right answer? 20:30 GDPR 23:00 Security best practices 24:30 Northern Trust is partnering with Bloomberg to offer custodial data 27:00 C&amp;IS’ product roadmap for 2019 <a href="https://www.businesswire.com/news/home/20190326005582/en/Northern-Trust-Drives-Front-to-Back-Office-Integration-Asset" rel="nofollow" target="_blank">https://www.businesswire.com/news/home/20190326005582/en/Northern-Trust-Drives-Front-to-Back-Office-Integration-Asset</a> <a href="https://www.waterstechnology.com/data-management/4080856/northern-trust-aims-to-automate-institutional-transfer-agency" rel="nofollow" target="_blank">https://www.waterstechnology.com/data-management/4080856/northern-trust-aims-to-automate-institutional-transfer-agency</a> <a href="https://www.waterstechnology.com/technology/4047886/northern-trust-plans-wider-blockchain-rollout-in-2019" rel="nofollow" target="_blank">https://www.waterstechnology.com/technology/4047886/northern-trust-plans-wider-blockchain-rollout-in-2019</a> In the News 30:00 Some big, exclusive news: Bloomberg intends to exit its Sell-Side Execution and Order Management Solutions (SSEOMS) and its Know-Your-Customer (KYC) businesses, which includes Entity Exchange and Entity Intelligence. <a href="https://www.waterstechnology.com/data-management/4248511/bloomberg-plans-to-exit-sseoms-kyc-business-lines" rel="nofollow" target="_blank">https://www.waterstechnology.com/data-management/4248511/bloomberg-plans-to-exit-sseoms-kyc-business-lines</a> 36:00 Introducing WatersTechnology’s newest reporter, Rebecca Natale!