Former SEC Division of Trading and Markets executive, Gregg Berman, joins EY

News provided by

Oct 06, 2015, 09:00 ET

NEW YORK, Oct. 6, 2015 /PRNewswire/ -- EY announced today that Gregg Berman, formerly of the US Securities and Exchange Commission (SEC) Trading and Markets Division, has joined the Financial Services Organization (FSO) of Ernst & Young LLP as a Principal focusing on market risk and data analytics.

During his time at the SEC, Berman was responsible for quantitative research and data analytics related to the SEC's policies on markets and market structure. He led the analysis of the May 2010, "Flash Crash," with extensive exposure to front office sales and trading in the industry, in addition to leading the implementation of Market Information Data Analytics and System (Midas), which collects daily records of proprietary stock market feeds.

In his new role, Berman will provide financial institution clients with an even deeper subject matter experience in trading, operational and financial markets infrastructure for capital markets, structural reform, recovery and resolution planning, and Volcker metrics.

"We are excited to have Gregg join EY. Gregg is a well-recognized leader in the industry as it relates to financial market structure and high frequency trading. His first-hand experience in the public and private sectors positions him well to assist our clients on these complex topics," said Peter Davis, Principal and Financial Services Risk Management leader, Ernst & Young LLP. "Gregg's arrival also continues the rapid expansion of our analytics team across business and risk domains."

In addition to his leadership at the SEC, Berman was also a successful entrepreneur. He was a founding partner of RiskMetrics Group, which offered an analytics solution used by the largest buy-side and sell-side firms. In this private company role, Berman was responsible for business development and product management having built a strong name brand, broad industry network with both sell-side and buy-side firms, and deep relationships with senior executives.

"As the capital markets industry continues to evolve with changing business models and an increased focused on data and analytics, I am excited to join the EY financial services consulting team to assist clients in meeting their obligations," said Berman. "I have spent a good deal of my career in both the public and private sectors helping clients understand and digest complex requirements and resolve them through the implementation of practical services. I look forward to applying my knowledge and experience to this team."

Berman earned his bachelor's degree from Massachusetts Institute of Technology and his doctorate in experimental nuclear physics from Princeton University.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member firm of EY serving clients in the US.

Logo - http://photos.prnewswire.com/prnh/20130701/NY40565LOGO-b

SOURCE EY