Thomas Costello Email & Phone Number

New York, Ny, Us

Crypto Hedge Fund

Clairety's AI solution is a patented free speech friendly solution to 'Fake News' and Online Harassment.

$200M PE funded turnaround effort. The company was sold to Union Pacific Railroad in 2016.

Us

Telluride Asset Management was a hedge fund trading firm specializing in fixed income and US equity markets with $1B in assets at its peak. Responsibly managed a departmental P&L of $250M while planning and vetting the efforts of professionals in functions including IT integration, systems infrastructure design, and compliance, reporting, and risk management.Improving the Intellectual DNA of the Firm: Recruited and hired portfolio managers based on trading and investment modeling expertise. Negotiated compensation packages and determined portfolio selection and analyses. Enhancing Forecasting Accuracy to Improve ROI: Developed and implemented a proprietary program trading strategy based on analysis of national news events and changing market trends to produce steadily accurate forecasts. This strategy far outperformed competitors, with an annualized return of 5%+.

Tudor Investment Corporation is a Hedge fund trading firm specializing in alternative investments. Designed the strategy and wrote an NLP program that made trade decisions and executed trades focused on producing favorable results based on prior performance with earlier hedge fund and investment banking firms.Driving Innovation in Hedge Fund Management: Developed and coded the only profitable natural language processing (NLP) in the hedge fund arena; during its 27-month run, it produced a cumulative return of 37.5% and annualized average return of nearly 18%. Shattered industry expectations and eclipsed competition with a unique trading model that operated for four years.

Caxton Associates is considered one of the top hedge fund managers in the investment world. As portfolio manager held senior-level accountability in contributing to firm’s overall profits. Transitioned from a programming role into portfolio management to optimize the utilization of research data in investment strategies. Improving ROI through Strategic Planning and a Systematic Approach: Developed, coded and implemented a groundbreaking trading strategy that dramatically catapulted returns: produced millions of dollars in profits in 2005, and generated nearly 13% in annualized returns in first year (2006) and nearly 14% in 2007.Creating Processes that Optimize Data Utilization: Created the only institutional data quality management process in the entire firm of up to 60 portfolio managers at a nominal cost.

Moore Capital Management is a multibillion-dollar hedge fund in global macro space; focused on large-scale economic policy decision making. Oversaw a research and development team of up to 12 that provided quantitative and technical data to trading units on diverse global markets. Improving Research through a Systematic Approach: Designed and managed a multiplatform research system that integrated data from multiple vendors. Reengineered the firm’s market database from a single-user system to a multi-user system and optimized its performance to produce same day research results, which facilitated the firm’s trading activities.

Chase Manhattan Bank is a multibillion-dollar global investment bank and one of the oldest and largest banking institutions in the US. Co-developed a foreign exchange forecasting model and designed multiple applications for use in trading, reporting and risk management functions.Changing the Way Trading is Planned: Worked directly for a member of a Nobel Prize winning team (originally headed by Fischer Black) and co-inventor of a revolutionary investment model that dramatically changed trading strategies in specific markets.

Deutsche Bank NA is a strategic business unit of a Global multibillion-dollar German-based banking firm.Oversaw a team in the design and development of a real time trading system, which processed several transactions and calculated risk factors.

Designed custom, proprietary applications for trading clients in various investment sectors. Developed and contributed to the development of diverse software that facilitated trading activities with accuracy and compatibility with the firm’s legacy risk management systems.