Northern Trust has named Marc Mallett manager of Investment Operations Outsourcing product in the Americas.
Mallett will work closely with Les Beale, manager of Investment Operations Outsourcing product in EMEA (Europe, Middle East, Africa) and Asia-Pacific.
"Investment Operations Outsourcing is appealing to managers who are focused on reducing costs and growing revenue while meeting demands for more and improved data and dealing with increasingly complex investments and regulations," said Paul Fahey, head of Product and Strategy for Global Fund Services at Northern Trust. "Marc brings an in-depth knowledge of our current product offering, and a broad market perspective from his years of experience in the investment management industry."
Mallett has been global head of client implementations for Investment Operations Outsourcing since joining Northern Trust in 2010. Prior to joining Northern Trust, Mallett was a vice president of technology at Fidelity Investments and chief operating officer of Citisoft, a consulting firm focused on the investment management outsourcing market.
