Trading places

Northern Trust, a provider of investment management, asset and fund administration, has appointed Allan Watson as head of derivatives operations for Europe Middle East and Africa (EMEA). In this newly created role, Watson is responsible for managing the teams that administer OTC and exchange-traded derivatives, and provide collateral management services, for investment manager and pension fund clients who outsource these activities to Northern Trust. He will work closely with derivatives product managers and third party vendors to ensure the continued development of Northern Trust’s capabilities in this area. He will be based in London and report to Stephen Andress, global...