Visible Alpha Secures Software Engineer Veteran Mark Hale as COO

Visible Alpha, an investment research technology firm, announced on Monday that it has appointed Mark Hale to the newly created role of Chief Operating Officer (COO). In his new position, Hale will lead the firm’s engineering, product, content management, operations, and technology teams.

Hale joins Visible Alpha as it is gaining Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term demand for its investment research technology and services. Earlier this year, Finance Magnates reported that HSBC became an official investor in the firm, joining the ranks of the company’s official investors.

In his new role as COO, Hale will lead more than 450 professionals at the company. According to the statement from Visible Alpha, one of his aims is to accelerate new product delivery. Hale will also be responsible for streamlining the onboarding process for new team members. Furthermore, he will be responsible for improving the operation procedures for contributors.

The New Position at Visible Alpha Ends Hale’s 22-Year-Long Tenure at Factset

Hale’s new position at Visible Alpha ends his impressively long 22 and a half year tenure at FactSet, a creator of open data and software solutions. His most recent position at the company was executive vice president and COO.

As the COO, Hale led global teams in product management, technology, infrastructure and IT. During his time at the company, he also held a suite of other roles. This includes senior vice president of content operations and vice president and director of database engineering. Back in 1995, Hale originally started off at the company as a Software Engineer.

Commenting on the appointment of Hale, Scott Rosen, the CEO of Visible Alpha said: “We are thrilled to have Mark join the Visible Alpha team. As his impressive track record indicates, I’m certain he will be an asset in helping us further scale the company while maintaining the highest levels of client and employee satisfaction. Mark is joining Visible Alpha during a year of tremendous momentum, and we look forward to utilizing his experience to accelerate product growth and global expansion.”

Prior to joining FactSet, Hale attended Carnegie Mellon, a university in Pittsburgh, America. He studied at the institution from 1991 until 1995. Here he achieved a Bachelor of Science, and his field of study was electrical and computer engineering.

Speaking on his new role, Hale added: “I’m excited to have the opportunity to join such a fast-growing company that is being recognized for its innovations in financial technology. I’m looking forward to partnering with the Visible Alpha team to scale its product development, technology and content management efforts, and to maintain its leadership position in driving efficiency, transparency and alpha generation in the institutional research process.”