Mike Cicerone, founder of Massachusetts Analytics,has over 20 years of experience in business and quantitative modeling.
Prior to founding Massachusetts Analytics, Mike enjoyed a 16-year career in structured finance at a global financial institution. For 10 years, Mike ran the firm’s European conduit securitization business, a business he built from the ground up. Mike was responsible for all aspects of the European conduit business including client coverage, transaction structuring, platform management, and managing the risk/return profile of the business. In his 16 years in securitization, Mike gained experience modeling and developing risk analytics for a variety of structured finance products.
Quantitative Modeling Experience
Before entering structured finance, Mike worked in the International Transactions group at the Federal Reserve, focusing on model development and analysis. In August of 1996, Mike was recognized by the Federal Reserve’s Board of Governors for exceptional work done on the International Finance Division’s economic forecasting and modeling systems.
Broad Base of Quantitative and Modeling Techniques
Mike recently enhanced his background in quantitative modeling and analysis, obtaining a master’s degree in systems engineering from Boston University. His areas of quantitative study and modeling expertise include operations research, stochastic modeling and simulation, scheduling models, and machine learning/data analysis.
Mike’s experience working with modeling systems across a wide range of disciplines helps him analyze systems from a variety of perspectives. His diverse experience helps him identify the appropriate analytical approach to complex problems.
Mike holds a bachelor’s degree in economics from Dartmouth College and a master’s degree in engineering from Boston University.
Tony Cowart, Massachusetts Analytics Consultant,draws on decades of experience in international securitization markets.
Initial Member of a Global Financial Institution’s Asset Securitization Group
Tony was an initial member of the Asset Securitization Group of a global financial institution, joining in 1994. In those early years, Tony worked as a jack of all trades and learned the business from the ground up. He developed an uncanny understanding of global markets, which directed his career path toward the issuance of debt used to fund assets purchased through securitization.
Decades of Experience in ABCP Markets
As Director of Securitization Finance, Tony was responsible for the funding of multiple asset- backed securitization conduits funded in the US and Canada. Throughout his 21 years at the firm, he was responsible for pricing these debt instruments to maintain liquidity on a portfolio that at times exceeded US$30 billion of commercial paper outstanding. This required forecasting global macro economic trends, analyzing the effects of those trends, and predicting resulting market trends and economic events. Tony developed strong relationships with investors in this role, which remain intact today.
Successfully Navigated the Financial Crisis and its Aftermath
As banking became increasingly regulated by international, federal, and state mandates, Tony served on the project team that created new debt instruments to maintain the securitization group’s viability. This work demanded the cultivation of a cooperative environment among employees that fostered accuracy and accountability.
Tony holds bachelor’s degrees in both Financial Management, and Investments & Institutions, which he earned from University of Alabama at Birmingham. He later went on to add a master’s degree from Pace University.