Cfo Thought Leader
842: Realizing the Potential of Data at Scale | Ross Muken, CFO, Sophia Genetics
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:52:41
- More information
Informações:
Synopsis
It was after Ross Muken had been gainfully roaming the corridors of equity research for more than a dozen years that the acquisition of his firm administered a dose of operations insight that began to feed his aspirations to become a CFO. At the time, Muken was a top research analyst for ISI Group, an independent, research-driven trading firm that had begun to attract the attention of a number of the investment banking world’s largest banks—including Evercore, which in August 2014 acquired ISI and its 28 research analysts covering 345 companies in 10 major industry sectors.“It was through this process that I saw what needs to happen when you integrate two businesses and need to drive cost synergies and margin expansion,” recalls Muken, who that point was helping to spearhead the firm’s healthcare and life sciences realm, an area of research that was enjoying some added luster due to a recent boom in biotech. Along the way, Muken says, it became apparent that the 20-plus-percent operating margins t