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: Financial Services Infrastructure in the Post-Covid Environment

The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are these one-offs; the impact has been sustained since the virus hit in early...

BLOG

New Data Partnership Approach Urged for Investors in SimCorp Report

Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Pricing and Valuations

This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.