FORMER PARTNER OF GUGGENHEIM GROUP, SERIAL TECH ENTREPRENEUR NAMED TO EVERYSK BOARD
PORTFOLIO ANALYTICS EXECUTIVE JOINS AS PARTNER, BUSINESS DEVELOPMENT, AT PORTFOLIO RISK & AUTOMATION TECH COMPANY FOR HEDGE FUNDS, ALLOCATORS
NEW YORK, June 2, 2020 – Everysk Technologies, Inc., an investment technology company providing multi-asset portfolio analytics with data-centric, machine learning techniques, announced today that investment management industry leader Terri Engelman Rhoads, who was a former partner of Guggenheim Group, and renowned tech entrepreneur Rufus Griscom, behind such success stories as Babble.com (acquired by Disney), have joined the Everysk Board of Advisors.
The company also announced that Nick Beattie has joined as Partner, heading up Business Development.
“We are in the midst of an exciting growth period for Everysk and these three individuals are adding tremendous value to our business,” said Allan Brik, PhD, Chief Executive Officer of Everysk and former Partner and Chief Risk Officer at multi-billion-dollar hedge fund-of-funds Arden Asset Management.
Everysk Portfolio Risk & Automation enables asset managers to instantly establish robust risk processes by tapping into Everysk’s expertise and technology to give them the same sophisticated live reporting and actionable tools employed by top tier hedge funds, asset managers, family offices, and wealth platforms. Everysk provides forward-looking stress testing, factor modelling, and risk attribution for multi-asset, multi-currency portfolios covering 90 exchanges, 200,000 global equities, 40 currencies, government and corporate bonds, derivatives, and private assets.
Joining the newly established Everysk Board of Advisors are:
Terri Engelman Rhoads - Ms. Engelman Rhoads brings 31 years of industry experience, providing institutional investors with customized managed account solutions in the alternatives space. Over the last 13 years, she sat on the investment committees and the board of directors of both public and private pensions, endowments, and consultants assisting with investments in the alternatives space, including the $780 billion consultant, Pavilion Financial, recently acquired by Mercer. Throughout her career, she served as president of Guggenheim Management Partners, NIP, and Midwest Management Group, all focused on providing investors with transparent, liquid, and customized products.
Rufus Griscom - Mr. Griscom has co-founded four companies -- Nerve.com, in 1997, acquired by IAC; Spring Street Networks, acquired by Various, Inc.; and Babble.com, a website for a new generation of parents, acquired by Disney in 2011. He currently is running Heleo.com, a platform for one person media companies, backed by Comcast, Bertelsmann, Bloomberg, The New York Times, Inovia, and Greycroft.
Mr. Beattie joins Everysk in the new role of Partner, Business Development. He brings more than eight years’ experience providing portfolio analytics and investment decision tools for
hedge funds, asset managers, banks, and pensions with RiskMetrics, MSCI Barra, and
Axioma. Mr. Beattie was also involved in alternatives manager research at investment consultant Rocaton Investment Advisors. He is a CFA charter holder and member of the CFA Institute.
Today’s news follows the April 2020 announcement that Everysk closed a $1.3 million seed round to be used for company expansion and increased product development.
About Everysk Technologies, Inc.
Everysk is an investment technology company that specializes in generating automated reports which help portfolio managers quickly model the risk and outcomes for a variety of trading scenarios; build robust, customized reports; and receive timely alerts when a portfolio’s risk deviates from given ranges. The platform has been designed from the ground up for efficiency, ease of use, and flexibility. Founded in 2016, Everysk’s clients include global hedge funds, CTAs, family offices, brokerages, online portfolio platforms, and sophisticated wealth managers.
With a team built from market leading hedge funds and analytics providers, Everysk has a deep knowledge of capital markets securities and extensive experience building commercial grade technology. Founding executives have designed institutional portfolio systems to control/monitor $14 billion invested in hedge funds, and traded and managed the risk of fixed income, currency, and commodity portfolios at Goldman Sachs and Merrill Lynch.
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