Barclays has hired a chief data scientist from buzzfeed – business insider deutschland database tutorial

• Barclays is capitalizing on the burgeoning world of alternative data, which looks to mine raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.

The British bank announced Thursday that it had hired Adam Kelleher as director and chief data scientist for research, a new role at the bank focused on "sourcing, normalizing, and utilizing alternative data sets to support Barclays’ Research franchise."

Kelleher, previously a principal data scientist and machine-learning expert at BuzzFeed, will build and lead a global team of data scientists capitalizing on the burgeoning field of alternative data — raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.


"Adam has an exceptional track record in applying data science to drive commercially valuable outcomes," said Jeff Meli, a cohead of research at Barclays. "Hiring innovative data scientists agnostic of industry, and acquiring powerful new alternative data sources, demonstrates Barclays’ continued investment in growing our Research offering."

And many asset managers have set up data units staffed with coders and data scientists. Investments banks have responded by developing their own alternative-data efforts. Goldman Sachs is exploring alternative sources of data within its securities division to see whether that can be sold, Risk Magazine reported this month, for example.

"There is money to be made in alternative data in 2018 not only by investors, but also by data providers, visualization and analytics-focused firms, and those helping to get the data to those who need it," Kevin McPartland, the head of market structure and technology research at Greenwich Associates, said earlier this year.

Barclays is capitalizing on the burgeoning world of alternative data, which looks to mine raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.

The British bank announced Thursday that it had hired Adam Kelleher as director and chief data scientist for research, a new role at the bank focused on "sourcing, normalizing, and utilizing alternative data sets to support Barclays‘ Research franchise."

Kelleher, previously a principal data scientist and machine-learning expert at BuzzFeed, will build and lead a global team of data scientists capitalizing on the burgeoning field of alternative data — raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.

"Adam has an exceptional track record in applying data science to drive commercially valuable outcomes," said Jeff Meli, a cohead of research at Barclays. "Hiring innovative data scientists agnostic of industry, and acquiring powerful new alternative data sources, demonstrates Barclays’ continued investment in growing our Research offering."

And many asset managers have set up data units staffed with coders and data scientists. Investments banks have responded by developing their own alternative-data efforts. Goldman Sachs is exploring alternative sources of data within its securities division to see whether that can be sold, Risk Magazine reported this month, for example.

"There is money to be made in alternative data in 2018 not only by investors, but also by data providers, visualization and analytics-focused firms, and those helping to get the data to those who need it," Kevin McPartland, the head of market structure and technology research at Greenwich Associates, said earlier this year.

Barclays is capitalizing on the burgeoning world of alternative data, which looks to mine raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.

The British bank announced Thursday that it had hired Adam Kelleher as director and chief data scientist for research, a new role at the bank focused on "sourcing, normalizing, and utilizing alternative data sets to support Barclays’ Research franchise."

Kelleher, previously a principal data scientist and machine-learning expert at BuzzFeed, will build and lead a global team of data scientists capitalizing on the burgeoning field of alternative data — raw or unstructured sources of information like satellite imagery or weather patterns not found in traditional financial filings or investor presentations.

"Adam has an exceptional track record in applying data science to drive commercially valuable outcomes," said Jeff Meli, a cohead of research at Barclays. "Hiring innovative data scientists agnostic of industry, and acquiring powerful new alternative data sources, demonstrates Barclays’ continued investment in growing our Research offering."

And many asset managers have set up data units staffed with coders and data scientists. Investments banks have responded by developing their own alternative-data efforts. Goldman Sachs is exploring alternative sources of data within its securities division to see whether that can be sold, Risk Magazine reported this month, for example.

"There is money to be made in alternative data in 2018 not only by investors, but also by data providers, visualization and analytics-focused firms, and those helping to get the data to those who need it," Kevin McPartland, the head of market structure and technology research at Greenwich Associates, said earlier this year.

banner