IRVINE, Calif., May 4, 2021 /PRNewswire/ — Bitvore, a leading provider of AI-powered intelligence for financial institutions, announced the appointment of industry leader Elizabeth Pritchard as Chief Executive Officer. Ms. Pritchard assumes the role from Jeff Drake, who will remain as President. Prior to her appointment, Pritchard had been serving as an advisor to Bitvore, working closely with the executive team.
“We are excited to have Elizabeth Pritchard transition to CEO and that Jeff Drake will continue to play an instrumental role as President,” said David Mandel, Cofounder & Chairman, Bitvore.
“Elizabeth is highly-regarded as an innovative and strategic thought leader in the alternative data space,” said Jeff Drake, President, Bitvore. “We are elated to have Elizabeth fully engaged in Bitvore’s efforts to become the leading provider of intelligence from unstructured data.”
“The market opportunity to provide today’s business leaders with valuable insights from unstructured data is huge,” said Elizabeth Pitchard, CEO, Bitvore. “Bitvore’s track record of landing top tier financial institutions as customers throughout the last year, despite challenging business conditions, is a clear validation of its powerful value proposition. I’m pleased to join Bitvore to lead its next stage of growth.”
Ms. Pritchard brings 25 years of experience as an executive in financial services, driving data and technology innovation for financial institutions and start-ups. She was Global Head of Market Data at Goldman Sachs and COO of the Global Data Science Group at AIG. Ms. Pritchard also co-founded Crux Informatics, a data delivery company whose investors included Goldman Sachs, Two Sigma, and Citi. She was Head of Go-To-Market Strategy at Crux, leading its marketing, sales and partnership activities.
Just prior to accepting the CEO position at Bitvore, Ms. Pritchard provided advisory services to alternative data and data infrastructure providers through White Rock Data Solutions. She also advises industry professional associations SIIA and FISD Alternative Data Council on go to market strategy and serves on the Board of Directors at Eagle Alpha and Global Data.
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Bitvore provides unprecedented business insights from unstructured data. Our products are deployed in over seventy of the world’s largest financial institutions, allowing them to make faster and more effective decisions so they outperform the competition. Our flagship product, Bitvore Cellenus is a groundbreaking AI-powered platform that delivers leading indicators of business performance for companies, industries, markets and municipal obligors. Consumable through file downloads, a comprehensive API and research user interfaces, Bitvore Cellenus provides customers with the “crystal ball” needed to identify emerging risk and opportunity. To learn more, visit www.bitvore.com.