Tim succeeds Zubair Patel, who transitions into the role of Head of Data Engineering after successfully leading Prescient’s data science team to new heights. Zubair's move into data engineering marks an exciting opportunity for Prescient to further innovate and scale its digital transformation goals in the broader business, while Tim's appointment will focus on driving data science within the investment team.


As Head of Data Science, Tim will play a critical role in shaping the firm's systematic investment process by driving cutting-edge machine learning research and predictive analytics, with a strong focus on embedding alternative data sources in our investment process. The strategic nature of this role underscores Prescient’s commitment to innovation


“We are thrilled to welcome Tim to the team. The Head of Data Science is a strategic role within the business and is one of the many positions that gives us a competitive edge in the market,” said Cheree Dyers, Chief Executive Officer of Prescient Investment Management. “The future of investing is data-driven and evidence-based. Data Science enhances investment decisions, and helps develop a proactive approach to investing, allowing us to capitalise on market trends, assess risks more comprehensively and ultimately optimising investment returns. Data Science has the potential to revolutionise investment management and we are excited to see this space evolve.”


Tim’s previous experience includes roles at Itonics GmbH and 22seven, where he drove AI and data science initiatives, including the design of machine learning solutions for customer pain points and the creation of profitable data products. He has an academic background that includes a Certificate in Quantitative Finance (CQF) from the CQF Institute and a BComm in Investment Management and Statistics (Cum Laude) from Stellenbosch University.


Tim added, “I am excited to join Prescient Investment Management at such a pivotal time in the company's growth journey. Data science is at the heart of Prescient's investment strategy, and I look forward to building on the solid foundation that Zubair and the team have established. My focus will be on fostering innovation, collaboration, and advancing machine learning applications to further enhance our investment processes.”
The Head of Data Science role will be central to Prescient’s digital transformation strategy, developing new tools and methodologies for analysing and processing large datasets. It also plays an integral part in managing and evolving the company’s data science team and supporting the continued scaling of Prescient’s systematic investment models.


Prescient remains focused on creating value through a highly data-driven investment approach, and Tim's appointment reaffirms the firm's commitment to leveraging cutting-edge technology and talent to maintain its position at the forefront of systematic investment management.
Ends.


About Prescient Investment Management

Prescient Investment Management was founded in September 1998 and is a leading systematic investment manager that relies on a data-rich investment process to create financial certainty for our clients in an ever-changing world.  By combining the power of data-driven insights, empirical evidence and the right team of experts, PIM has delivered superior risk-adjusted returns across its broad range of mandates for more than two decades.


Prescient Investment Management specialises in portfolio and risk management, managing money on behalf of retirement funds, medical aid schemes, corporate entities, trusts, and individuals. Its investment solutions range from unit trusts and retirement fund portfolios invested in all the listed asset classes through to infrastructure and clean energy debt funds.


Prescient Investment Management is a Level 1 BEE Contributor, a signatory to the United Nations Principles of Responsible Investing (UN PRI) and pledged to the Codes for Responsible Investing in South Africa (CRISA).


Prescient Investment Management is an Authorised Financial Services Provider (FSP 612).
For any additional information such as fund prices, brochures and application forms, email info@prescient.co.za or visit www.prescient.co.za

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