TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
January 3, 2022
Source: PR Newswire
Dr. Stokes will advance and accelerate how investors use Finitive's data-driven marketplace to gain access to private credit opportunities and connect with borrowers.
NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Finitive, the leading data-driven private credit marketplace connecting borrowers with institutional investors, today announced it has hired Todd Stokes, PhD as its Chief Data Officer. In his new role, Dr. Stokes will lead the formation of an analytics organization to leverage third-party and proprietary data, machine learning and algorithms to advance and accelerate how investors gain access to, and lend to, private credit borrowers on the Finitive platform.
"Todd is a leading data scientist who brings extensive knowledge of how to gather, evaluate and streamline high-quality data to deliver detailed and easy-to-consume transaction information to institutional investors," said Finitive President and Co-Founder Caroline Hayes. "This data-driven approach enables investors to match with borrowers at fair market terms quickly, easily and more cost-effectively than ever before."
Dr. Stokes' career spans the critical dimensions of data science – data engineering, statistics and domain expertise – including four years developing software prior to graduate school, nine years performing predictive modeling research in cancer diagnostics and mobile health, and eight years as an executive at fintechs, lenders, and private equity firms.
Dr. Stokes published extensively on machine learning algorithms, evaluating predictive models and effective visualization while earning his Ph.D. in Bioengineering from Georgia Institute of Technology and Emory University. Dr. Stokes' thesis applied machine learning to large volumes of medical data to support ethical real-time decision-making. "Medical data and financial data are similar because they both involve high stakes. A seemingly insignificant artifact in a very large dataset, called an 'outlier' from a purely statistical perspective, can reveal an enormously costly problem with an artificial intelligence system. 'Fail early and often' is not a practical strategy for advancing technology in these fields," says Dr. Stokes. "'Investigate and cross-check every step using automation' will be our methodology."
Dr. Stokes was instrumental in building the analytics department as one of the first hires at Moneylion, a mobile bank that recently IPOed with a valuation of $2.4 billion. He later held senior positions at OnDeck Capital and served as Vice President of Risk and Analytics at Miami-based investment firm 777 Partners, where he had oversight over multiple rapidly growing consumer lending portfolios.
"Finitive is playing a transformative role in turning private credit deal matching into an efficient, transparent digital process, leveraging data to simplify scoring, pricing, papering and closing," said Dr. Stokes. "Finitive not only makes it possible for investors to source and underwrite deals in a fraction of the time, but also provides borrowers with the ability to connect with hundreds of potential investors and credit partners to fuel their growth."
Dr. Stokes joins the Finitive executive team, including recent hires Chief Information & Technology Officer Jon Burlinson and Chief Product Officer Joshua Masia.
"Having grown significantly in the past three years, Finitive now offers borrowers access to 1,000 institutional investors that are actively deploying capital across multiple asset classes and structures," said Jon Barlow, founder and CEO of Finitive. "As our platform scales, data science is increasingly central to our mission of bringing greater transparency and speed to direct lending transactions."
About Finitive
Finitive is the leading data-driven private credit marketplace. Through its tech-enabled platform, institutional investors access a multi-trillion-dollar market of private credit opportunities across multiple asset classes and structures, including specialty finance, online lending, marketplace lending, and private credit funds. Borrowers gain efficient access to capital via a global network of investors who are actively allocating to private credit. All regulated activities are conducted through North Capital Private Securities, a registered broker-dealer and member FINRA/SIPC. For additional information about Finitive's private credit marketplace, visit the company's website at www.finitive.com.
Media Contact
Patty Buchanan
JConnelly
(973) 567-9415
pbuchanan@jconnelly.com
NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Finitive, the leading data-driven private credit marketplace connecting borrowers with institutional investors, today announced it has hired Todd Stokes, PhD as its Chief Data Officer. In his new role, Dr. Stokes will lead the formation of an analytics organization to leverage third-party and proprietary data, machine learning and algorithms to advance and accelerate how investors gain access to, and lend to, private credit borrowers on the Finitive platform.
"Todd is a leading data scientist who brings extensive knowledge of how to gather, evaluate and streamline high-quality data to deliver detailed and easy-to-consume transaction information to institutional investors," said Finitive President and Co-Founder Caroline Hayes. "This data-driven approach enables investors to match with borrowers at fair market terms quickly, easily and more cost-effectively than ever before."
Dr. Stokes' career spans the critical dimensions of data science – data engineering, statistics and domain expertise – including four years developing software prior to graduate school, nine years performing predictive modeling research in cancer diagnostics and mobile health, and eight years as an executive at fintechs, lenders, and private equity firms.
Dr. Stokes published extensively on machine learning algorithms, evaluating predictive models and effective visualization while earning his Ph.D. in Bioengineering from Georgia Institute of Technology and Emory University. Dr. Stokes' thesis applied machine learning to large volumes of medical data to support ethical real-time decision-making. "Medical data and financial data are similar because they both involve high stakes. A seemingly insignificant artifact in a very large dataset, called an 'outlier' from a purely statistical perspective, can reveal an enormously costly problem with an artificial intelligence system. 'Fail early and often' is not a practical strategy for advancing technology in these fields," says Dr. Stokes. "'Investigate and cross-check every step using automation' will be our methodology."
Dr. Stokes was instrumental in building the analytics department as one of the first hires at Moneylion, a mobile bank that recently IPOed with a valuation of $2.4 billion. He later held senior positions at OnDeck Capital and served as Vice President of Risk and Analytics at Miami-based investment firm 777 Partners, where he had oversight over multiple rapidly growing consumer lending portfolios.
"Finitive is playing a transformative role in turning private credit deal matching into an efficient, transparent digital process, leveraging data to simplify scoring, pricing, papering and closing," said Dr. Stokes. "Finitive not only makes it possible for investors to source and underwrite deals in a fraction of the time, but also provides borrowers with the ability to connect with hundreds of potential investors and credit partners to fuel their growth."
Dr. Stokes joins the Finitive executive team, including recent hires Chief Information & Technology Officer Jon Burlinson and Chief Product Officer Joshua Masia.
"Having grown significantly in the past three years, Finitive now offers borrowers access to 1,000 institutional investors that are actively deploying capital across multiple asset classes and structures," said Jon Barlow, founder and CEO of Finitive. "As our platform scales, data science is increasingly central to our mission of bringing greater transparency and speed to direct lending transactions."
About Finitive
Finitive is the leading data-driven private credit marketplace. Through its tech-enabled platform, institutional investors access a multi-trillion-dollar market of private credit opportunities across multiple asset classes and structures, including specialty finance, online lending, marketplace lending, and private credit funds. Borrowers gain efficient access to capital via a global network of investors who are actively allocating to private credit. All regulated activities are conducted through North Capital Private Securities, a registered broker-dealer and member FINRA/SIPC. For additional information about Finitive's private credit marketplace, visit the company's website at www.finitive.com.
Media Contact
Patty Buchanan
JConnelly
(973) 567-9415
pbuchanan@jconnelly.com
© 2025 Secured Finance Network
