Glickman has more than 30 years of financial market-related experience as a banker, treasurer, hedge fund manager and, most recently, as head of risk services for GlobeOp Financial Services. In his new role, Glickman will engage with clients to develop solutions that combine Northern Trust's capabilities in global custody, risk analytics and sophisticated reporting with the market-leading technology and expertise of Northern Trust Hedge Fund Services.
'Tony Glickman brings a diverse experience set and record of accomplishment in financial markets that he has successfully used to create analytic tools and services for portfolio managers, asset servicers, and investors', said Steven L. Fradkin, President of Corporate & Institutional Services at Northern Trust. 'Tony's extraordinarily broad background will help Northern Trust clients take full advantage of our global platform to help them manage risk and capture opportunities worldwide'.
In a career spanning three decades, Glickman has worked as a proprietary trader at the former Bankers Trust and Chemical Bank, served as head of proprietary trading, treasurer and head of portfolio risk management at Canadian Imperial Bank of Commerce (CIBC), launched and led bank-sponsored and independent funds specializing in bond arbitrage, volatility-arbitrage and global macro strategies, and served as a consultant to asset managers, public pension funds, central bankers and regulators on strategic risk management issues. At GlobeOp Financial Services, Glickman developed risk capabilities and investor reporting tools, including Form PF reporting. He earned an MBA in finance from the Stern School of Business of New York University, where he was a University Fellow.
'Northern Trust offers a unique value proposition to global investors that combines precise, high-volume processing and analytics developed for hedge funds with a worldwide technology and operations platform and unparalleled client service', Glickman said. 'I am excited about our opportunities to create innovative solutions for asset managers, sovereign wealth funds and other sophisticated investors'.
Northern Trust Hedge Fund Services has grown rapidly, doubling the client franchise by winning 40 new business mandates on four continents since it was created in July 2011 by Northern Trust's acquisition of Omnium LLC, the hedge fund administration unit of Citadel LLC. Northern Trust Hedge Fund Services offers expertise across a range of hedge fund strategies, for complex funds domiciled in both onshore and offshore locations around the world. With more than US$1.5 trillion in assets under administration, Northern Trust serves clients worldwide with teams based in Dublin, Limerick, London, Luxembourg, Guernsey, Chicago, New York and Hong Kong.
Northern Trust is one of the world's leading asset servicing providers, offering global expertise and local specialist services to investment managers and institutional investors in more than 40 countries. Northern Trust's Corporate & Institutional Services business unit is a leading global provider of asset servicing, asset management, and related services to fund managers, sovereign wealth funds, pension funds, foundations, endowments, insurance companies and government funds. Its Global Fund Services business offers a broad array of middle- and back-office solutions customized to meet the needs of investment managers and fund sponsors, allowing clients to build services around their needs while providing the strength and scalability of one of the world's leading financial institutions.