Wavelength Podcast Ep. 202: Northern Trust’s Pete Cherecwich, Part 2

- By Wei-Shen Wong and Anthony Malakian
- 01 Jul 2020

Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.

Waters Wavelength Podcast · Episode 202: Northern Trust’s Pete Cherecwich, Part 2

To hear the full interview, listen in the player above, or you can click on the download button in the player above.

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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.

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.

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Contact Info:

As is the case with everything we do, we'd love to get some feedback from our listeners.

Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com

Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com

Past 10 episodes:

Episode 192: Security and BCP Challenges in a Pandemic

Episode 193: Refinitiv's John Walsh on Alt Data

Episode 194: ITRS Group’s Warren on Capacity Planning

Episode 195: The Challenges of Returning to the Office

Episode 196: Bloomberg’s Gerard Francis, Part 3

Episode 197: A Look at Innovation

Episode 198: DTCC's Peve on DLT

Episode 199: Working Through Covid-19

Episode 200: The Reunion Special

Episode 201: Refinitiv Labs on Unstructured Data

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