Meet The Team

Ophir Gottlieb

CEO & Co-founder

Ophir Gottlieb is the CEO & Co-founder of Capital Market Laboratories. He has contributed to The Wall Street Journal (Barron's), Yahoo! Finance, CNNMoney, MarketWatch, Business Insider, and Reuters.

He has turned away from institutional finance and re-dedicated his life to helping all people find the capacity and facility to invest with the same confidence and information available to only the top 0.1%. In many ways, Ophir was unintentionally a part of this asymmetry, but now, he is here to tear it down.

Ophir Gottlieb is inventor of the Forensic Alpha Model (FAM) and a co-inventor of Accounting and Governance Risk Model (AGR), both now owned commercially by MSCI. SSRN lists his research, and as far as we can tell, he was one of the earliest scientists to identify deep learning, and in particular, neural networks, as a novel approach to examining financial markets while also whole hardheartedly incorporating corporate governance.

Mr. Gottlieb’s methodological approach taken in creating FAM was endorsed by the head of artificial intelligence for the state of Germany as a novel and extraordinary application of advanced machine learning and quantitative finance.

FAM and AGR are used by asset managers worldwide with over $1 trillion of assets under management. The FAM model has made Mr. Gottlieb one of the most recognized names in all of quantitative finance.

The Huffington Post dedicated an article to Ophir’s views in the dossier Financial Services Third Wave of Innovation: AI & Machine Learning. A rare view into his vision of the world of finance, including a 20 minute video session.

Mr Gottlieb’s mathematics, measure theory and machine learning background stems from his graduate work in mathematics and measure theory at Stanford University and his time as an option market maker on the NYSE and CBOE exchange floors. He has been cited by various financial media including Reuters, Bloomberg, Wall St. Journal, Dow Jones Newswire and through re-publications in Barron’s, Forbes, SF Chronicle, Chicago Tribune and Miami Herald and is often seen on financial television.

Mr. Gottlieb was an option maker on the NYSE ARCA exchange floor and simultaneously on the Chicago Board Option Exchange (CBOE) remotely. He first gained notoriety as the managing director of client services and algorithmic trading for Livevol Inc, recently acquired by CBOE. He created and authored what was believed to be the most heavily followed option trading blog in the world for three-years.

While he was oft times cited in Bloomberg, Reuters and Wall Street Journal news, during that time he also wrote for The Street.com’s OptionsProfits premium service where he posted up to three option trades a week for two-years.

Mr. Kaplan is a founding director of MarketWatch, and is widely recognized as one of the grandfather’s of modern portfolio theory.

For the past 20 years, James Kaplan’s research interests and entrepreneurial ventures have focused on innovations designed to improve the predictive and explanatory power of classical finance theories and portfolio management philosophies. Before he co-founded CML, Mr. Kaplan as Vice Chairman and Chief Executive of GMI Ratings (now part of MSCI). In this role, Mr. Kaplan developed novel risk modeling methodologies to help capital market participants mitigate the impact of what he has dubbed “routine anomalies”. The term refers to high-impact events stemming from variables typically overlooked in classical economic theories.

Earlier in his career, Mr. Kaplan has advanced ground breaking applications of quantitative techniques and technology-driven solutions for equity and fixed-income portfolio analytics. In 1979, he founded Capital Management Sciences (CMS) and established the firm as the world’s top purveyor of fixed income portfolio analytics. During his tenure, the firm introduced CMS BondEdge, the chief independent source of research and valuation tools for the global bond market.

Following the sale of CMS to Interactive Data Corporation, Mr. Kaplan was a founding director of MarketWatch. In the wake of the notorious corporate scandals after 2000, he founded Audit Integrity, one of the three firms that merged to form GMI Ratings.

Mr. Kaplan received his BA from the University of Colorado and an MBA from California State University. Mr. Kaplan is a Chartered Financial Analyst.

James A. Kaplan

Chairman & Co-founder

Jason Hitchings

Chief Technology Officer

Jason Hitchings is the Chief Technology Officer at CML. He has diverse background in software engineering, product development, data visualizations as well as numerical analysis and real-time algorithmic option pricing.

He was the lead developer and product manager that led to one of the first ever SQL databases that updated asset prices in real-time; an accomplishment at the time that was considered by many in the industry to be impossible but is now common place in all of the exchanges and major banks in the world.

Jason’s experience includes Head of Product at data visualization firm, Quid, the co-founder and lead engineer of financial analytics firm and broker-dealer, Livevol, Inc. Jason has also worked as the lead software engineer on Lockheed Martin’s Joint Strike Fighter Autonomic Logistics team.

Jason holds a computer science degree from University of Colorado, Boulder.

Tom White is the Chief Information Officer and co-founder of Capital Market Laboratories and a veteran of numerous start-ups.

As Director of Quantitative Research for Audit Integrity (now part of MSCI) he applied predictive analytic techniques to model accounting fraud and securities class action litigation. Mr. White led the Analytic Science team at KUITY in ground breaking work applying ‘Big Data’ techniques to the field of philanthropy, ultimately resulting in the creation and spinoff of Posiba, Inc. As a consultant at First USA Bank, Mr. White’s team was one of the earliest adopters of analytics, using predictive models to optimize marketing efforts, increasing profits from 3rd party products by over 250% in just 24 months.

Mr. White received his B.A. in Economics from the University of Virginia and a Certification in Data Mining from the University of California, San Diego.

Tom White

Chief Information Officer & Co-founder

Blessings Musa

Global Head of Technical Support

Blessings Musa has more than 10 years in customer service, 5 of which have been in technical support. As an IT Manager in his previous position he conceived of and built infrastructure in the cloud for a firm that focuses on Construction and Architectural development. His extensive experience in Cloud Computing was earned whilst working for the pioneer in Cloud Computing, Amazon Web Services, where he horned his craft initially in customer service and then moving to more technical roles. As part of that support organisation he supported Fortune 500 companies with Database, OS and Networking issues on the AWS platform.

Mr Musa received his BSc Psychology from the University of Zimbabwe.

Erin Egan

Head of Client Accounts