Northern Trust has named Andrew Tan as the Head of Investment Risk & Analytical Services (IRAS) in Asia-Pacific, leading the delivery of technology, reporting and consulting services for institutional investors and asset managers in the region.
Tan brings 25 years of industry experience to Northern Trust, most recently as the head of the risk and performance consulting practice at a leading Canadian global bank. As an IRAS leader for the region, he will continue Northern Trust's development of performance, risk and compliance solutions for asset servicing clients in the region and represent Northern Trust as a thought leader at industry conferences.
'Institutional investors in the Asia-Pacific region face greater demands for transparency and risk management amid volatile markets, and Northern Trust is committed to providing the highest level of service to help clients meet these challenges', said Teresa A. Parker, Head of the Asia-Pacific region for Northern Trust.
'Andrew Tan's talent and experience in risk and consulting will be valuable to clients as he leverages Northern Trust's global resources to create monitoring, reporting and analytics solutions tailored to their specific needs'.
Based in Singapore, Tan will work with IRAS consultants in Singapore, Hong Kong and Australia to design and implement programs for institutional clients in the region. He comes to Northern Trust from Royal Bank of Canada, where he served most recently as global head of Risk & Investment Analytic services. Prior to RBC, Andrew was the head of client services at Toronto Dominion Bank's Corporate and Institutional Services. A Singapore native, he is a graduate of Washington State University and has lived in North America for more than two decades. He is a CFA charterholder and is a Fellow of the Canadian Securities Institute.
Northern Trust has provided risk and performance services to institutional asset servicing clients for more than 30 years. Capabilities delivered through the IRAS group include risk monitoring, performance evaluation and compliance services. Northern Trust provides custody, fund administration, and investment operations outsourcing solutions to investment managers and institutional clients, including insurance companies, worldwide and across the spectrum of asset classes.