Tradeweb, a New York-based operator of electronic marketplaces for rates, credit, equities, and money markets, has appointed Sherry Marcus as Head of AI, a newly created global role.

She will report to Justin Peterson, Tradeweb’s Chief Technology Officer.

Marcus will oversee the firm’s AI strategy, which supports over 3,000 institutional, wholesale, retail advisory, and corporate clients worldwide.

Her focus will be on further developing Tradeweb’s use of AI in areas such as price discovery, dealer selection, and analytics.

She joins Tradeweb from Amazon Web Services, where she led a 300-person science and data team behind Amazon Bedrock, the company’s generative AI platform.

Prior to that, she held senior positions in financial services, including Managing Director of Data and AI at BlackRock, where she created a global AI office, and roles at Millennium Partners and Credit Suisse, where she was Chief Data Analytics Officer and Global Head of Big Data Analytics, respectively.

“Sherry Marcus is an influential voice on AI and financial markets, and we’re excited to welcome her to Tradeweb,”

said Peterson.

“With AI continuing to evolve at breakneck speed, Sherry’s impressive track record leading strategic, data-driven initiatives at top asset managers will be a strong asset to our team. We look forward to collaborating with her as Tradeweb scales its electronic solutions and continues to innovate with our clients.”

Marcus sits on the board of the MIT Club of New York, where she serves as Vice President, and also holds board roles at the Allen Brain Institute, the Carnegie Mellon Computational Finance Department, and the NYC Gen AI Council.

She previously served on the NSA Advisory Board and the Science Board at the US National Counter Terrorism Center.

She holds a bachelor’s degree in Applied Mathematics from Cornell University and a PhD in Mathematics from the Massachusetts Institute of Technology.