Thomas Costello Email and Phone Number
DRIVING BUSINESS EXCELLENCE THROUGH TECHNOLOGY AND INNOVATIONAs a Quant and Hedge Fund Manager I’ve spent my career breaking new ground at the nexus of business and technology. It all began when I was lucky enough to work 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.Since then I’ve held increasingly responsible and influential leadership roles with some of the financial service industry’s best known hedge funds and most recently as CIO of a $200M logistics provider. Those I’ve worked with along the way will tell you that I played pivotal role in transforming companies ranging from start-ups to established, respected firms into formidable multimillion-dollar players.Some notable contributions include: Mastering complex, difficult issues that had previously thwarted the attainment of corporate goals Creating state-of-the-art programs and predictive software that enabled employers to outperform markets by exceptionally large margins, even during peak recessionary periods. Creating complex IT infrastructure for a multimillion-dollar logistics firm that facilitated its growth and profitability. Responsibly managing nine-figure hedge funds with enviable results.If you’re seeking to connect with leadership built on mathematical logic, information technology acumen, and ahead-of-the-curve vision, leadership that drives growth and profitability based on data-driven decision making and empowerment – feel free to link up with me! Specialties:Strategic Planning • Team Development and Leadership • Technology Infrastructure • Enterprise Systems • Quantitative Analysis • P&L Management • IT Risk Management • Project ManagementSystem Architecture, Design and Implementation • Organizational Restructuring • Business Intelligence Process and Procedure Improvements
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Chief Investment OfficerBedrock Digital Assets Jan 2022 - PresentCrypto Hedge Fund -
Head Of Market StrategyPrivate Hedge Fund Nov 2019 - Jan 2021
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FounderClairety Inc. Feb 2017 - Nov 2019Clairety's AI solution is a patented free speech friendly solution to 'Fake News' and Online Harassment.
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Chief Information OfficerPrivate Equity Turnaround Effort - Company Sold To Union Pacific - December 2016 2013 - 2016$200M PE funded turnaround effort. The company was sold to Union Pacific Railroad in 2016.
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Head Of Equity TradingTelluride Asset Management 2011 - 2013UsTelluride 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%+. -
Portfolio Manager – Quant TradingTudor Investment Corporation Aug 2008 - Apr 2011Tudor 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.
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Quantitative Analyst And Portfolio ManagerCaxton Associates, Llc 2001 - 2008Caxton 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.
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Lead Research AnalystMoore Capital Management 1998 - 2000Moore 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. -
Developer | Quantitative AnalystChase Manhattan Bank 1995 - 1997Chase 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.
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Developer | Quantitative AnalystDeutsche Bank, N.A 1995 - 1995Deutsche 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.
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Developer | Quantitative Analyst – Tactical Development GroupJp Morgan 1992 - 1995Designed 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.
Thomas Costello Skills
Thomas Costello Education Details
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Rutgers UniversityStudies In Economics
Frequently Asked Questions about Thomas Costello
What company does Thomas Costello work for?
Thomas Costello works for Bedrock Digital Assets
What is Thomas Costello's role at the current company?
Thomas Costello's current role is CIO - Bedrock Digital Asset Management.
What schools did Thomas Costello attend?
Thomas Costello attended Rutgers University.
What skills is Thomas Costello known for?
Thomas Costello has skills like Equities, Hedge Funds, Portfolio Management, Alternative Investments, Asset Management, Quantitative Analytics, Capital Markets, Fixed Income, Equity Trading, Derivatives, Investment Management, Trading Strategies.
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