Capital markets tech company CloudQuant has appointed Ted Sturiale its Vice President of Sales. Mr. Sturiale will work with professional investors looking for new opportunities in alternative data. He will be based in Chicago and report to CloudQuant CEO Morgan Slade.
“CloudQuant has been quietly and thoughtfully building out an alternative data solution that the world has not yet seen before. The product and the company are ready for prime time and we are excited to leverage Ted’s expertise to help us bring this message to the market,” said Mr. Slade.
Mr. Sturiale is a 20 year industry veteran selling tech solutions in capital markets. He has worked with early-stage tech startups and investment banks, providing investment solutions and helping to drive expansion and growth.
“I have always focused on providing my clients with relevant solutions that deliver money managers a meaningful and measurable edge,” said Mr. Sturiale. “Leveraging alternative data is a great way to develop strategies that can deliver uncorrelated alpha, however, it is extremely hard to solve this problem because the data is disparate, is delivered in a variety of formats, is expensive, and is challenging to integrate with backtesting and production trading engines. CloudQuant has solved these challenges and for the first time anywhere, delivered an alternative data platform-as-a-service.”