Rich Brown

Former Head of Data Management

Citadel

Rich Brown is a data management executive and corporate entrepreneur with proven expertise in managing large scale data operations as well as leveraging leading-edge technology-based solutions to improve efficiencies, drive cost savings, and discover new alpha generating data.  Rich founded and is currently the CEO of Archedata, a software and services company that brings together the people, processes, and technology to help optimize the data management function.  Its best of breed content and workflow management solution is designed to streamline sourcing, procurement, and vendor management functions allowing you to accelerate alpha and operate more efficiently.

Prior to founding Archedata, Rich was the Head of Data Management at Citadel responsible for the overall sourcing, procurement, and management of third-party data supporting the firm’s investment and trading strategies across hundreds of teams.  Services included exchange and traditional market data, alternative data, expert networks, and centralized research services.

Rich also served as a Managing Director, Market Data at Schonfeld, performing a similar role to Citadel while also running the Shared Research Environment which served the various portfolio management teams with a centralized data store and analytic infrastructure.

Before joining the buy-side, Mr. Brown was a managing partner at Semiotics, LLC, a boutique-consulting firm focused on developing businesses and products with a particular focus on information services.  At Semiotics, Mr. Brown worked on various engagements including a crowd-sourced alpha factor platform, cyber security tool implementations at a large hedge fund, analysis of private sector market opportunities for a defense company, and various unstructured data analytics and data monetization projects.

Prior to his consulting business, Mr. Brown was the Global Head of Elektron Analytics for Thomson Reuters where he managed the strategy and P&L for a suite of software and data products targeted primarily at quantitative and event-driven trading clients including its machine readable news and sentiment products as well as its Tick History service.

Before joining Thomson Reuters, Mr. Brown co-founded and was the Chief Operating Officer at Foresight Research Solutions, LLC, a New York-based independent research firm.  He also was also a senior client manager for International Business Machines in New York where he managed the relationship and sales for major Fortune 500 clients.  Mr. Brown holds a Bachelor’s degree in Management and International Business from The Pennsylvania State University and an MBA from New York University’s Stern School of Business.