Business Fintech News

Facteus Appoints Mohammad Shaalan as Chief Data Officer

Facteus Appoints Chris Marsh as CEO

Facteus, the leading provider of actionable insights from financial data, today announced the appointment of Mohammed Shaalan as chief data officer.

In this new role, Shaalan will apply his decades-long experience in data science and quantitative frameworks across the portfolio of Facteus’ data sets to uncover new and actionable insights which investors and analysts can apply to their investment and business strategies.

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Shaalan brings over 25 years of experience in technology, data science, quantitative modeling, fundamental and alternative data analysis, risk management and portfolio analysis. Most recently, he served as principal and senior consultant at Carlson Capital, where he designed and implemented the firm’s alternative data strategy. Prior to his work at Carlson Capital, Shaalan was the founder and CEO at Finweavers, a fintech startup that developed a Quantamental research framework to connect alternative and fundamental data providers, investment firms and the global quant communities together to improve the integration of data into investment processes. Shaalan also held positions as head of risk reporting at Eton Park Capital Management, senior solutions architect at Viking Global Investors, and vice president of fixed income research at Lehman Brothers, among other roles.

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“We are incredibly excited to bring Mohammed on board to the Facteus team,” said Chris Marsh, CEO of Facteus. “He brings with him a wealth of experience and hands-on expertise implementing alternative data in trading strategies at top tier investment firms and as an entrepreneur building alternative data-focused businesses. The appointment of a Chief Data Officer also marks a major milestone for Facteus as we bring on new types of payments data and unlock valuable insights across different industries and companies.”

Business and investment analysts using Facteus data can gain a granular understanding of the drivers behind consumer behavior and business trends at the industry level (retail, entertainment, hospitality, etc.) or at the specific company level. The transactional data offers a comprehensive, real-time perspective into evolving customer behaviors, such as where consumers are shopping, how much they are spending at specific merchants, and through which point of sale (in-person or online). This granular view can provide investors and analysts an informational edge when making investment decisions, sizing markets, or developing new products.

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