Ep470: Embracing digital transformation as an ecosystem shift among legacy banking institutions

Pete Cherecwich, President of Asset Servicing, Northern TrustFounded over 130 years ago, a global financial institution with $16 trillion in assets under custody and more than 20,000 employees, Northern Trust has quickly incorporated digital innovation in its strategy to speed up internal processes and enhance the client experience. Gaia Lamperti, Reporter at IBSi, sat down with Pete Cherecwich, President of Asset Servicing at Northern Trust, to comment on this and what it will take for the entire ecosystem to pick up the pace.