May 26, 2024

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Goldman Sachs’ IBD technology expert is leaving

Richard Rivero, the Goldman Sachs managing director ideal recognised for primary the automation of the firm’s financial investment banking division (IBD), has still left the agency.

Rivero still left Goldman Sachs this thirty day period according to his LinkedIn profile. He’d labored there for over 17 many years after signing up for as an analyst in the technology division pursuing his graduation from Harvard College in mathematics. 

Rivero held a range of roles at Goldman – which includes, most lately, CEO of ClearFactr, a cloud-based mostly economical modelling programme that it acquired in 2018 and integrated into its Speed up in-house incubator program. 

For significantly of his occupation, although, Rivero targeted on improving productiveness in Goldman’s expense banking division, where by he was head of analytics and latterly head of IBD engineering. In 2017, Ribero ran a 75 -person group which he said was engaged with automating the most mundane elements of the pitch reserve assembly course of action, so that junior bankers could get out on the road. COVID presumably intervened. 

It really is not very clear exactly where Rivero’s likely future, but he is recognized to have a job to go to.

Photograph by NOHK from Pexels

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