Tradeweb names Sherry Marcus as head of artificial intelligence

NEW YORK - Tradeweb Markets Inc. (NASDAQ:TW), a prominent operator of electronic marketplaces with a market capitalization of $33.9 billion and impressive revenue growth of 29% over the last twelve months, has appointed Sherry Marcus as the new Head of Artificial Intelligence (AI). According to InvestingPro data, the company maintains a stellar 94% gross profit margin, highlighting its operational efficiency in the financial technology sector. This strategic move aims to advance the company’s AI capabilities in price discovery, dealer selection, and analytics across its global client base. The appointment comes as Tradeweb demonstrates strong financial health, earning a "GREAT" rating from InvestingPro’s comprehensive analysis, with particularly high scores in cash flow and growth metrics.

Ms. Marcus has an extensive background in data science and AI within the financial sector. Prior to joining Tradeweb, she led a 300-person team at Amazon Web Services that developed Amazon Bedrock, a significant generative AI platform. Her experience also includes a tenure at BlackRock, where she established a global AI office and spearheaded the AI Leadership & Transformation team. Other notable roles include Chief Data Analytics Officer at Millennium Partners and Global Head of Big Data Analytics at Credit Suisse.

In her new role at Tradeweb, Ms. Marcus will report directly to the Chief Technology Officer Justin Peterson. Peterson expressed enthusiasm for Marcus’s appointment, citing her influential voice in AI and financial markets and her track record of leading data-driven initiatives. Tradeweb anticipates that her expertise will be instrumental as the company scales its electronic solutions and continues to innovate in collaboration with clients.

Ms. Marcus’s professional affiliations extend to several prestigious institutions. She serves as Vice President of the MIT Club of New York and holds board positions at the Allen Brain Institute and the Carnegie Mellon Computational Finance Department. She is also an advisor to the NYC Gen AI Council and has served on advisory boards for the NSA and the National Counter Terrorism Center.

She holds a bachelor’s degree in Applied Mathematics from Cornell University and a Ph.D. in Mathematics from MIT. Tradeweb, founded in 1996, offers electronic trading, data and analytics, and reporting services to over 3,000 clients across institutional, wholesale, retail, and corporate markets in more than 85 countries. Trading near its 52-week high of $152.65, the stock currently carries a premium valuation with a P/E ratio of 58.6. For detailed valuation analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks.

This appointment is expected to further enhance Tradeweb’s AI-driven services, which play a critical role in the electronic trading landscape. The information for this article is based on a press release statement from Tradeweb Markets Inc.

In other recent news, Tradeweb Markets Inc. reported its first-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.86, slightly above the forecasted $0.85. The company achieved record quarterly revenues of $510 million, marking a 24.7% increase year-over-year. Additionally, Tradeweb increased its quarterly dividend by 20% to $0.12 per share. Despite the positive earnings report, Tradeweb’s stock price experienced a decline in pre-market trading. Analysts from Citi and Jefferies have discussed Tradeweb’s strategic moves, particularly in credit pricing and the transition from variable to fixed pricing with dealers. Tradeweb’s CEO, Billy Halt, emphasized the company’s focus on technological innovation and expansion in electronic trading workflows. The firm expects continued revenue growth driven by investments in digital assets and emerging markets, with a projected 30% increase in revenue growth for April compared to the previous year.

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