Northern Trust Names Head Of U.S. Fund Administration

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Nancy Grady has joined Northern Trust as Head of Fund Administration and Fund Accounting-Americas, overseeing fund accounting, regulatory administration, financial reporting, tax and other services for registered and unregistered mutual fund products.

'We are pleased to have Nancy Grady come to Northern Trust at a time when we see increasing demand for strong local fund expertise delivered on our global platform', said Dan Houlihan, head of Global Fund Services-Americas for Northern Trust. 'Nancy's extensive industry experience and leadership will serve Northern Trust clients well as they look for a servicing partner that can help them become more efficient, enter new markets and execute their regional and global distribution strategies'.

Grady has more than 25 years of experience in fund accounting and administration. Prior to joining Northern Trust, she was Global Head of Custody & Fund Accounting Advisory Services at WIPRO Technologies. For much of her career, she was a senior executive at State Street Corp., overseeing operations responsible for providing accounting and fund services to asset management firms on a global basis.

'With the rapidly growing complexities in regulation and reporting, it is imperative that Northern Trust remains ahead of the curve to assure the sustained success of our clients', said Brian S. Pollard, Chief Operating Officer of Global Fund Services-Americas. 'Nancy's proven history with fund accounting and administration services will continue to strengthen our Global Fund Services practice and help clients to meet these challenges'.

Northern Trust's Global Fund Services business provides custody, fund administration and investment operations outsourcing solutions to investment managers worldwide. For more than 30 years, clients have recognized Northern Trust as a leader in global fund administration.

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