Rich is responsible for developing and maintaining Silverback’s proprietary systems for analysis, data, and risk management reports.
Prior to joining Silverback in 2004, Rich was a Director in Merrill Lynch’s Quantitative Analytics group, responsible for analytics and data for convertible products. At Merrill Lynch, Rich designed a convertible bond model and the technology to handle all combinations of convertible features to facilitate new product innovation. He designed and coordinated an extensive operations process to maintain global convertible instrument terms.
From 1991 to 1999, Rich worked as leader, and later manager, of seven programmers in the Equity Analytics group at Merrill Lynch. The team developed valuation and risk management capabilities for the global convertible business. From 1987 to 1990, Rich worked in Merrill Lynch Fixed Income Research and the Debt Analytics technology group. There he built the Merrill Lynch Convertible Index and Merrill Lynch Convertible System on Bloomberg.
Rich graduated from the University of Vermont with a BS in Computer Science and Management Information Science in 1986.