Traders Magazine 0 Shares Pete Cherecwich, president of Northern Trust Asset Servicing, said the Covid-19 pandemic has accelerated digital transformation and the whole industry is moving at light speed. Northern Trust Asset Servicing provides asset servicing, investment management, banking and related services to institutional clients worldwide. Pete Cherecwich, Northern Trust Cherecwich told Markets Media: “The pandemic has accelerated digital transformation and put a focus on efficiencies and costs. The whole industry is moving at light speed.” One of the methods that asset management and asset owners clients are using to become more efficient and save costs is to focus on their investment process while outsourcing trading. Northern Trust provides outsourced trading through its Integrated Trading Solutions business which provides trading in equities, fixed income and foreign exchange together with a fully integrated middle and back office service to lower risk, manage regulatory compliance and increase operational efficiency.