Asset Servicing Expert
Head of Asset Owners, Americas
Melanie joined Northern Trust in January 2017, charged with creating a new line of business centered on meeting the portfolio management and technology needs of complex asset allocators across the globe. In late 2018, Melanie led an equity investment in Parilux Investment Technology & led the launch of Northern Trust's first cloud-native software business. In early 2019, Melanie increased Northern Trust's equity stake in Parilux to a majority position and launched Northern Trust’s Front Office Solutions for large endowments, foundations, family offices, sovereign wealth funds, pensions, and OCIOs. Northern Trust fully acquired Parilux in April 2021.
Since launching Front Office Solutions, Melanie has added two additional responsibilities to her mandate: she is the global product executive for alternative investments, directing capital and strategy to the firm's investments in services for limited partners. In January 2021, Melanie took responsibility for the firm's not-for-profit, healthcare, public pension and Taft Hartley businesses and in January 2022, she added responsibility for the insurance and large corporate segments as well as Northern Trust's Canada business. Melanie's responsibilities now span the entirety of the Asset Owner segment in the Americas, directing the firm's strategy, growth and delivery of all firmwide products & services for asset owners and allocators in the Americas region.
Melanie brings 20+ years of experience in a variety of senior operations and technology roles, most recently as Chief Operating Officer of Emory Investment Management, one of the top 20 Endowment investment programs in the United States. Prior to Emory Investment Management, she spent over a decade managing operations and technology strategy + execution within Morgan Stanley’s Global Wealth Management division.
Melanie has a M.B.A. / M.S.E., Technology Management (Wharton School of Business & University of Pennsylvania School of Engineering & Applied Sciences), B.A. Political Science (University of Georgia), Advisory Board, Investment Management Due Diligence Association (IMDDA), Chartered Due Diligence Analyst (CDDA), Graduate, SIFMA Securities Industry Institute (SII) and Former Series 7, 27, 63 Licensed Professional.
Melanie's Insights & Research
July 25, 2023
Institutional investors with multi-asset portfolios are under pressure to manage data with advanced, holistic systems that equip them to make faster, better decisions. To meet the data management challenge, many are finding that collaborating with a data automation provider is a cost-effective solution.
July 11, 2023
High-profile incidents in the financial services industry this year have highlighted the importance of due diligence and accurate data for private markets investors. Northern Trust’s Melanie Pickett explains how asset owners can harness the power of their data to assess risk and drive impactful results.
June 11, 2023
FundFire sat down with experts from Northern Trust and ESG data technology platform Novata to learn more about how they are improving data standards in private markets by equipping investors with a holistic view of their data, empowering them to become more informed investors.
April 24, 2023
Melanie Pickett joins The Alternative Investment Podcast to discuss lessons that individual investors can learn from the largest institutional investors.
November 17, 2022
Melanie Pickett joins the Capital Allocator podcast to discuss the technology challenges in the investment office and trends in asset allocation, technology, and more.
August 17, 2022
Change is constant, and that is a good thing. The institutional investment industry has seen significant change in recent years, and it continues to grow and evolve in multiple ways.