
Point72's CTO has made a significant move, hiring a crypto expert from Jefferies to join their team.
The crypto expert brings a wealth of knowledge in the field, having worked at Jefferies for several years.
This hire is a clear indication of Point72's commitment to staying at the forefront of the rapidly evolving crypto landscape.
The expert's experience will undoubtedly be a valuable asset to Point72's efforts in this area.
Point72 Hires New CTO
Safai joined Point72 this month from Jefferies, where he was both CISO and CTO for 12 years.
He spent the bulk of his career in investment banking, starting at Credit Suisse in 1999 and working at several other top firms.
Safai has a long history in the field, having also worked at Lehman Brothers and Barclays.
From Jefferies
Safai joined Point72 this month from Jefferies, where he was both CISO and CTO.
He spent 12 years at Jefferies, joining as a managing director and chief information security officer in 2011, before also being promoted to CTO in 2015.
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Safai has been in investment banking for the bulk of his career, starting at Credit Suisse in 1999, making him a seasoned professional in the field.
He was a VP at Lehman Brothers for five and a half years, as head of identity management, giving him valuable experience in managing complex systems.
Safai also claims to have worked at JPMorgan, although the exact duration of his tenure is not specified.
He was a director of information security at Barclays for four years, further solidifying his expertise in the field of information security.
New Role Details
Point72's new CTO has a strong background in technology and finance, with over 20 years of experience in the field.
They will oversee the development of Point72's technology infrastructure, ensuring that it remains at the forefront of innovation in the industry.
The new CTO's appointment is a strategic move to enhance the firm's competitive edge and drive growth through technology.
One of their key responsibilities will be to lead the team that develops and implements Point72's proprietary trading algorithms.
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Point72 Technology Updates

Point72 has a strong focus on innovation, with a team of engineers and researchers working on cutting-edge technologies.
The company's technology stack includes a range of tools and platforms, such as Apache Kafka, Apache Cassandra, and Apache Spark.
Point72's data engineering team is responsible for building and maintaining the company's data infrastructure.
The team uses a microservices architecture to enable scalability and flexibility.
Point72's engineers are highly skilled, with many holding advanced degrees from top universities.
The company's technology updates are driven by a desire to improve the efficiency and effectiveness of its trading operations.
Point72 has implemented various machine learning models to enhance its trading strategies.
These models are trained on large datasets and are designed to identify patterns and trends in financial markets.
Point72's technology updates are also focused on improving the user experience for its traders and analysts.
The company's platform provides real-time data and analytics, enabling users to make informed decisions.
Point72's technology stack is designed to be highly scalable and flexible, allowing the company to adapt quickly to changing market conditions.
Frequently Asked Questions
Does Point72 pay well?
Yes, Point72 offers a wide range of salaries, from approximately $62,000 to $263,000 per year, based on 125 data points from employees and job advertisements. If you're interested in learning more about Point72's compensation, keep reading for more details.
Does Steve Cohen still run Point72?
Steve Cohen is no longer trading for Point72, but he remains co-chief investment officer. He founded the firm, which is now known as 72 Asset Management.
How prestigious is Point72?
Point72 is a highly prestigious hedge fund, recognized for its exceptional performance and resilience during market challenges. Under Steve Cohen's leadership, it has established itself as a top player in the industry.
Sources
- https://www.efinancialcareers.com/news/2023/06/point72-ramin-safai
- https://www.businessinsider.com/point72-cloud-tech-transformation-hedge-fund-aws-mark-brubaker-2021-9
- https://www.stacresearch.com/fall2020-bios
- https://www.ctol.digital/news/point72-asset-management-1b-hedge-fund-ai-innovation/
- https://blockworks.co/news/point72-hires-crypto-pros
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