Preparing for the Complexity Ahead
The insurance industry is facing challenges on multiple fronts: low interest rates, an aging workforce, and proprietary technology that struggles to handle rapidly mounting regulatory and data demands.
Northern Trust understands the complexities and challenges of the insurance business, with a dedicated practice group that offers both expertise and solutions that can put your organization on a footing for future growth.
Learn how our SAP-powered accounting and reporting solutions provide a multi-basis, multi-currency solution for your insurance accounting and regulatory reporting challenges.
Mutual Fund and Hedge Fund Services
Paul Fahey is the Practice Lead for Northern Trust's insurance solutions team in the Americas. He is responsible for managing our dedicated insurance client service teams, and plays a key role in helping to design and deploy solutions that accommodate the unique requirements of insurers.
Paul brings nearly 20 years of industry experience, having joined Northern Trust in 2010 and served previously as the Division Manager of our Large Corporate group and, before that, as Head of Product Management and Strategy for Northern's Global Fund Services (GFS) business, with responsibility for all product development in support of our investment manager clients.
Prior to joining Northern Trust, Paul held a series of senior roles at State Street. As Global Product Manager for the Investor Services Group, he was responsible for large development initiatives across multiple client segments. As head of the Large Client Integration Group, he developed service models for investment manager and insurance company outsourcing relationships. Paul graduated from State Street's Accelerated Management Program, giving him leadership experience across multiple businesses.
Paul holds an M.B.A. in Strategic Management and Accounting and a B.A. (cum laude) in Business Administration, both from Boston College.