Sales & Operations
Robert (Bilingual) manages key sales efforts and relationship management activities for First North. Robert is also a subject matter expert in Securities Industry Operations, including Back Office Clearing and participates directly in many key customer engagements.
Previously, Rob spent 11 years with Penson Financial Services as Senior Vice President & Chief Operating Officer, where he was responsible for directing the entire operational team including all middle and back office processing and support, credit, internal controls and customer services. Rob worked closely as a member of the executive team (CEO, CCO, CRO, SVP Sales and Trading) on ensuring compliance with any changes to the regulatory landscape that was being mandated by the SRO (UMIR, CRM1, NI 24-101, etc.).
Rob also worked closely with trading and the firm’s CCO on creating pre-opening trading blotter reports to capture any irregular trading on the pre-opening of the market place. Rob participated and represented the company’s business in all General Controls Audits (C5970 and SOX).
Data & Applications
Pneuma leads our Data & Applications (D&A) practice and is considered one of the Financial industry’s foremost experts on big data architecture and management. Specializing in data management for fulfilling regulatory requirements of OFSI Canada since 2005, Pneuma has been involved in various financial services projects to design, develop and implement the Data Warehouse and Business Intelligent solutions related to Basel II, Basel III and Volcker.
Pneuma’s extensive knowledge of financial data and regulatory requirements have been a result of his years of hands on development work including Royal Bank, RBC Capital Markets, Scotiabank, iSoftstone and IBM. Pneuma’s significant experience advising on options and proposals regarding DW/Analytics vendor technology solutions and making recommendations regarding the technical impact including effectiveness, feasibility, security impact, effort, and long-term maintainability.
Technically, Pneuma has 22 Years of IT development including Hadoop Big Data Analysis and Data Warehousing and Reporting across multiple vendor platforms.
Peadar (Bilingual) leads our securities industry consulting practice, including delivery of large projects related to Wealth Management, Securities Trading & Clearing and Regulatory Compliance. Peadar has lead several M&A related engagements including the operational assessment and conversion for our customer’s acquisition of a Bank-owned Dealer’s wealth management business, with client assets of 35B.
Other direct engagements include Clearing & Custody Services assessments and several Regulatory Compliance initiatives for a Canadian Bank. In doing so, detailed requirements included regulatory capital requirements, back-office operational structure, business case and Regulatory Reporting such as FATCA Phase III and 871.
Prior to joining First North, Peadar spent 7 years with Penson Financial Services as Vice President where he directed customer and vendor account management including contract renewals and ensuring the Penson’s operational and technology roadmap was consistent with customer needs. Prior to joining Penson Peadar spent 8 years at IBM Securities Industries Services (Primary Service Provider) in various roles including Product Development.
Process Analysis & Integration
Howard is a process design and subject matter expert in securities industry operations and related systems, including Custody and Back-Office Clearing. Prior to joining First North, Howard was with The Bank of Nova Scotia for 6 years. As Director of Operational Design and Effectiveness he managed Process Improvement and Structural Cost Transformation engagements across Wealth Management and Canadian Banking and Insurance.
Howard also managed International Securities Operations where he established BNS London as a self-clearing participant in the London Stock Exchange, managed the Bank’s Global Custody conversion in 2012, and developed the reporting system and controls around all Depository and Margin limits.
Previously at National Bank Financial for 20 years, Howard managed operational process improvements and technology projects, including implementation and roll-out of bank-wide Reconciliation and Workflow tools, and Client Book of Records Conversions for the independent Broker Dealers and Investment Counsel/Portfolio Managers, whose business was cleared through NBCN.