Alternative data specialist Ian Webster has joined Neudata as senior vice president with a remit to build relationships with the company’s buy-side investment management clients and expand its work with alternative data providers seeking to monetise their data.
Webster holds an MA in Mathematics from the University of Oxford and a Saltire Fellowship in Entrepreneurship from Babson College in Wellesley, Massachusetts. He most recently worked as chief customer officer at SaaS platform start-up Big Data for Humans, and previously led business development and sales to asset management firms as director of the Investment Insights business at consumer finance firm Money Dashboard.
Neudata vets alternative data and conducts agnostic and independent research for investment managers. Its expertise lies in scouting and evaluating alternative data sources and helping investment managers select data for backtests and research as they seek to generate alpha. The payment model uses subscription-based access to Neudata’s intelligence database.
Webster said: “Neudata has a fascinating position at the epicentre of the explosion in the number of funds using independently produced research and data. In particular, I’m excited about the company’s opportunity to evolve the fragmented network of alternative data providers and investors into a well-structured marketplace, saving time and effort for all involved.”
Rado Lipuš, founder and CEO of Neudata, comments: “Ian understands first-hand how the proper use of new and interesting captured data can be smartly leveraged to generate alpha.”