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Kirk Mckeown departing Steve Cohen's Point72 hedge fund

Steve Marcus/Reuters Another senior Point72 data executive is departing the hedge fund. Kirk McKeown, who led proprietary research, is leaving to start a business, sources told Insider. In December, Matthew Granade, who oversaw the funds data efforts, left amid a firm reorganization. Another top data executive is out at Point72.  Kirk McKeown, who led proprietary research at the hedge fund, has left the firm, according to people familiar with the matter and an int...
Kirk Mckeown December Matthew Granade Gabe Plotkin Matthew Granade Steve Cohen Matt Dowd

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Prior to the widespread availability of the internet, Wall Street insiders had a huge advantage when it came to access to information about public companies. Individual investors would often read about market-moving news in the newspaper the next day or in a company’s annual report once it... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:
United States Alexandra Scaggs Brian Barnes Sarah Mckenna James Kardatzke Christopher Kardatzke

On The Money: Treasury announces efforts to help people get stimulus payments | Senate panel unanimously advances Yellen nomination for Treasury | Judge sets ground rules for release of Trump taxes

© Getty Images Happy Friday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line. See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N. ADVERTISEMENT THE BIG DEAL—Biden administration announces efforts to help people get their stimulus payments: The Treasury Department on Friday annou...
United States Hill Naomi Jagoda Janet Yellen Chuck Grassley Suze Orman John Hope Bryant

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The Hill's 12:30 Report: Next steps in the Trump impeachment

Fauci’s response: “ You know it very likely did. You know I don’t want that ... to be a sound bite, but I think if you just look at that, you can see that when you’re starting to go down paths that are not based on any science at all, that is not helpful at all, and particularly when you’re in a situation of almost being in a crisis with the number of cases and hospitalizations and deaths that we have." He also added: “When you start talking about things that make no sense medicall...
United States White House District Of Columbia Brian Deese Lloyd Austin Charles Schumer

AI in Credit Decision-Making Is Promising, but Beware of Hidden Biases, Fed Warns | Lowenstein Sandler LLP

To embed, copy and paste the code into your website or blog: As financial services firms increasingly turn to artificial intelligence (AI), banking regulators warn that despite their astonishing capabilities, these tools must be relied upon with caution. Last week, the Board of Governors of the Federal Reserve (the Fed) held a virtual AI Academic Symposium to explore the application of AI in the financial services industry. Governor Lael Brainard explained that “particularly as financial serv...
Pratin Vallabhaneni Lael Brainard Carola Evans Kathleen Ryan Westra Miller Equitable Outcomes In Financial Services Jan

Vista-owned alt-data provider 7Park Data being absorbed by Apptio

Samantha Lee/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 7Park Data, which Vista Equity Partners bought for $100 million, is shuttering as a stand-alone alt-data business and being absorbed into the Vista-owned software provider Apptio. The company has struggled to deal with a new mandate from Vista, the loss of key outside data streams, and client departur...
Brian Sheth Robert Smith Vista Equity Partners Tiger Global Vista Equity Washington Based Apptio

Vendors Continue to Move Products, Services to the Cloud: Some Examples

WatersTechnology.com Vendors Continue to Move Products, Services to the Cloud: Some Examples Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from 2020. Print this page   We wrote over 150 articles in twenty-twenty that in some way touched on either a company developing...
Amazon Web Services Google Cloud Platform Microsoft Azure Broadridge Financial Solutions Online Data State Street

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