Neal Pawar Is Appointed to Chief Operating Officer by Qontigo

Qontigo announced that it has appointed Neal Pawar to Chief Operating Officer, effective immediately.

In a press release shared with Finance Magnates, Neal Pawar, a highly technical and quantitative global business leader, has been named by Qontigo, a financial intelligence innovator in the modernization of investment management, as its new Chief Operating Officer.

Pawar brings broad experience in senior technical leadership roles as well as large global operating positions in Finance. In this new role, he will increase Qontigo's efforts to deliver unprecedented value and competitive advantage to clients. Further, he will use his experience to develop its plans to expand into the wealth space. Thus, he will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term an entire spectrum of superior indices, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term, data, tools and solutions across a fully integrated platform.

Pawar’s Vocational Past

Prior to Pawar’s new appointment, he served as a member of the CAIS’ Board of Directors. He will continue to assist in the development of the leading platform for alternative investments as a Board member, advisor and investor, according to his LinkedIn profile.

Earlier on at Deutsche Bank, he took on the responsibilities of Group Chief Information Officer. From September 2019, he satisfied the requirements of the position over the course of one year.

While at AQR, Pawar was a Partner and Chief Technology Officer in the Capital Management division. Located in Greenwich, he triumphed in his duties over almost a six-year period. He led the infrastructure modernization that propelled the transformation and scaling of AQR to one of the world’s most successful hedge funds. Deutsche Börse Group acquired AQR and merged with the STOXX and DAX index businesses to create Qontigo in 2019.

Additionally, at UBS he completed his role as Managing Director and Chief Information Officer in its Wealth Management department. While in Zurich for almost three years, he took on many challenges and satisfactorily achieved them.

At D. E. Shaw and Co., he served as its Managing Director for close on eleven years. During this time, he held a variety of positions, including Global Head of Back-Office Technology.

Pawar’s first post began at UBS as Director of Rates Derivatives Technology, which progressed over six years.

A Pioneer and Transformative Innovator

Sebastian Ceria, Chief Executive Officer of Qontigo, said: “I am delighted to welcome Neal Pawar to Qontigo. Neal was a client, and we enthusiastically collaborated for many years. We share a common vision that modern technology, the cloud, open architectures and platforms, is the pathway to revolutionizing this business. And, I am confident that Neal’s broad industry experience, not to mention his track record as a pioneer and transformative innovator, will accelerate our efforts to deliver unprecedented value and competitive advantage to clients.”

“Over the course of my career, I’ve seen the commoditization of many parts of the financial technology stack. Axioma, STOXX and DAX and now Qontigo have played an important part in that evolution by building sophisticated analytics and indexing products leveraged by firms across the financial spectrum. As a computer scientist, I’m excited that the next chapter in my career has brought me to Qontigo, a data and technology pioneer, where we will continue to innovate and deliver for an expanding range of clients,” Pawar said.