Peter Sanchez
Chief Executive Officer, Northern Trust Hedge Fund Services (NTHFS)
Peter is the CEO of Northern Trust Hedge Fund Services (NTHFS). His responsibilities include the strategic planning, development and launch of NTHFS, a separate division of Global Fund Services. Peter is also responsible for elevating Northern Trust’s profile in the hedge fund administration market by bringing together and leveraging the specialized capabilities of Omnium –market-leading technology, an integrated back and middle office operating model, and extensive expertise in serving clients with complex strategies and products – with Northern Trust’s global scale, asset and custody servicing capabilities, and reputation.
Prior to Northern Trust’s acquisition of Omnium, Peter served as Omnium’s Global Head of Business Development and Client Service, responsible for all new business sales and client relationships.
With more than 20 years of industry experience, Peter has held various executive and management positions in business development, client service and operations. These include his role as CEO of OpHedge Investment Services, another hedge fund administration company. Leading the firm through the financial crisis of ’08, he created enterprise value and sold the company and its assets at nearly eight times its initial value – improving incremental margins by 100% through increased revenues, cost reduction, process efficiencies and increased scale.
Peter also served as the Global Head of Operations and Prime Brokerage for Royal Bank of Canada (RBC) Capital Markets, where he led a $200 million integration initiative, the Bank’s largest, of all Capital Markets Operations across four separate broker dealers, three continents and 1,700 operations professionals. Prior to RBC, Peter held the position of Global Head of Operations for Greenwich NatWest. He began his career at Salomon Brothers, where he held several positions in operations management.
Peter received a BA degree in Economics from Princeton University.
