Forge Global exec Marco Della Torre was named CEO of Venn, Two Sigma’s portfolio analytics platform.
In this newly created role, Della Torre will lead product and business development at Venn, which is used by asset owners, asset managers and advisors and is built on Two Sigma’s expertise in research, data science and technology to help modernize the analytics the analytics experience for institutional investors. Recently, the firm partnered with eVestment to offer users additional analytics. The tools available in Venn help investors perform factor-based risk analysis to inform manager due diligence, investment evaluation, and portfolio construction.
“As Venn continues to expand its offering to meet the evolving needs of multi-asset investors in their investment decision making, we believe now is the time to bolster our leadership team with a chief executive at the helm,” said Carter Lyons, chief business officer at Two Sigma. “Marco has a proven track record of successfully scaling operations and driving innovation at technology companies at all stages, and we are excited to partner with him as we look to Venn’s next phase of growth.”
Della Torre most recently served as chief product and innovation officer of Forge Global, a private securities marketplace and data platform, where he oversaw the company’s product strategy and roadmap. Prior to Forge, Della Torre was chief technology officer of Derive Systems, an automotive technology company, where he led all technology and architected the product strategy for the company’s expansion into the enterprise segment. Before that, he served as the lead technologist in the office of the chief marketing officer at Intel. Earlier in his career, Della Torre co-founded Basis, a health and fitness platform acquired by Intel in 2014.
“Two Sigma has built a leading portfolio analytics platform that leverages aspects of the powerful quantitative approach central to the firm’s financial sciences DNA,” Della Torre added in a statement. “I am excited to join the team and accelerate Venn’s leadership in empowering investors to understand and navigate their portfolio risks and positioning in a modern, data-driven, and intuitive way.”