Peter SanchezExecutive Vice President/ CEO of Hedge Fund Services at Northern Trust
Peter is an Executive Vice President at Northern Trust and CEO of Northern Trust Hedge Fund Services (NTHFS). His responsibilities include the strategic planning, development and launch of NTHFS, a separate division of Northern Trust’s Global Fund Services. Peter is also responsible for elevating Northern Trust’s profile in the fund administration market.
Prior to joining Northern Trust in 2011 through their acquisition of Citadel’s Omnium technology platform, Peter served as Omnium’s Global Head of Business Development and Client Service, responsible for all new business sales and client relationships.
With over 20 years of industry experience, Peter has held various executive and management positions in business development, client service and operations. These include his role as CEO of OpHedge Investment Services, another hedge fund administration company. Leading the firm through the financial crisis of ’08, he created enterprise value and sold the company and its assets at nearly eight times its initial value – improving incremental margins by 100% through increased revenues, cost reduction, process efficiencies and increased scale.
Peter also served as the Global Head of Operations and Prime Brokerage for Royal Bank of Canada (RBC) Capital Markets, where he led a $200 million integration initiative, the Bank’s largest, of all Capital Markets Operations across four separate broker dealers, three continents and 1,700 operations professionals. Prior to RBC, Peter held the position of Global Head of Operations for Greenwich NatWest. He began his career at Salomon Brothers, where he held several positions in operations management.
Peter received a Bachelor’s degree in Economics from Princeton University. He also holds a Series 27, Operations/Finance Principal, NASD Licensed and Registered and Series 7 & 24, Securities Principal, NASD Licensed and Registered.