US: New Chief Data Officer named

The Securities and Exchange Commission (SEC) announced that it has named Austin Gerig as its Chief Data Officer. Dr. Gerig, currently Assistant Director of the Office of Data Science in the Division of Economic and Risk Analysis (DERA), will assume his new position on February 3.

The Chief Data Officer will help develop the SEC’s data management strategy and priorities, enable data analytics to support enforcement, examinations, and policymaking, and ensure that the agency collects only the data it needs to fulfill its mission and can effectively secure.

“I am pleased that Dr. Gerig has agreed to bring his broad experience in data strategy and management to this important new role for the Commission,” said Chairman Jay Clayton. “He is well suited to further our efforts to ensure there is a coherence between the information we collect and the information we need to carry out our mission. My colleagues at the Commission and I look forward to working with Austin as we strive to better both our use and our protection of data.”

Dr. Gerig has headed DERA’s Office of Data Science since September 2016, managing a team of data scientists, data engineers, financial economists, and research associates. He co-chairs the SEC’s Data Management Working Group and has served as the SEC’s representative on the Financial Stability Board’s Analytical Group on Vulnerabilities and its Financial Innovation Group. He began his SEC career in June 2014 as a financial economist in DERA.

Full Content: SEC

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