About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SEC Creates Role of Chief Data Officer to Drive Change

Subscribe to our newsletter

The Securities and Exchange Commission (SEC) has created the role of chief data officer to tackle change and develop the Commission’s data management strategy and priorities; enable data analytics to support enforcement, examinations, and policymaking; and ensure that the agency collects only the data it needs to fulfil its mission and can effectively secure the data.

The new role will be filled by Austin Gerig, who is currently Assistant Director of the Office of Data Science in the Division of Economic and Risk Analysis (DERA) at the SEC. He will take up his new position on February 3, 2020.

Gerig has headed DERA’s Office of Data Science since September 2016, managing a team of data scientists, data engineers, financial economists, and research associates. He co-chairs the SEC’s Data Management Working Group and has served as the SEC’s representative on the Financial Stability Board’s Analytical Group on Vulnerabilities and its Financial Innovation Group. He began his SEC career in June 2014 as a financial economist in DERA.

SEC chairman Jay Clayton, says: “Dr Gerig is well suited to further our efforts to ensure there is a coherence between the information we collect and the information we need to carry out our mission. My colleagues at the Commission and I look forward to working with him to better both our use and protection of data.”

Gerig adds: “I look forward to coordinating the efforts underway across the Commission in data management and analytics while also enhancing data security.”

Before joining the SEC, Gerig was a senior research fellow at the University of Oxford’s Said Business School.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to turn data lineage from a regulatory response into a business advantage

Regulatory initiatives increasingly require firms to put in place robust data lineage frameworks to aid in understanding the workings behind reported values. But data lineage can add business value beyond regulatory compliance. As they move to automate data lineage processes by incorporating metadata management into their frameworks, firms can start to benefit from enhanced data...

BLOG

Lind Leaves Industry Analyst Role for Vendor Side

Tim Lind has left The TowerGroup to join enterprise data management company GoldenSource. In his new role, Lind is senior vice president for product strategy, responsible for strategic planning, market research, competitive intelligence and product positioning. He will report to executive vice president Mark Zill, and will operate from both New York and Boston. Lind...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...