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Teresa Parker, CEO & president of EMEA, Northern Trust
Emerging technologies are
transforming custodians’ and
their clients’ business models. The
intelligent use of next generation
technology, deployed alongside a
firm’s existing infrastructure, is
what will set one custodian apart
from another. Through 2019, we
will continue to see an evolution
of successful business models
based on clients’ and financial
sustainability. In the digital age,
strategically-focused firms will
deploy best-of-breed data services
to generate real efficiencies and
improved decision making. Digital
technologies will enable a greater
richness, depth, and accessibility
of data than has ever been
possible before. For tomorrow’s
leading institutions, they will
even underpin business model
transformations that will take the
industry to a new level.
Peter Randall, president, SETL
2019 is a year when politics
will trump business. Instability
between the two biggest trade
blocs, China and the USA,
uncertainty in the relationship
between the UK and the EU, and
troubling re-alignments in the
near and middle East, coupled
with on-going background
worries about global terrorism
and cyber disruption present a
difficult to navigate backdrop
for markets in 2019. It is likely
that most of this is already in
the prices for most assets but
central bank actions in response
to the termination of the various
quantitative easing programmes
“In the digital age, strategically-
focused firms will deploy best-of-
breed data services.”
80 // TheTrade // Winter 2018
will likely reveal tighter than
expected bond markets which
may push up interest rates as
well. Expect volatility, remember
it is your friend. I expect to see
markets creeping around looking
for action, then bursts of frenetic
adjustments followed by periods
of ennui.