Point72 Renews Partnership with Correlation One

Correlation One is pleased to announce that Point72, a global asset management firm, will continue to support Data Science for All (DS4A), a career development program that helps people from underrepresented backgrounds get jobs in data science, data analytics and data engineering, as an Employer Partner. 

“Point72 has been an integral part of the DS4A program from day one,” Correlation One Chief Operating Officer Andrew Strong said. “Their partnership has directly impacted thousands of lives, creating new pathways for individuals from historically underserved communities to earn jobs in the data science sector. We are grateful for their continued support of the DS4A mission and of all the DS4A fellows.”

Point72 was also a founding partner of the Data Science for Women program, and the firm has hosted mock interview sessions for more than 20 DS4A fellows to help prepare them to succeed in interviews for data roles at corporate employers. Point72 has also supported the DS4A/Empowerment program, a virtual data analytics training and jobs program for students and professionals from underrepresented communities.

“At Point72, we believe that our success is dependent upon having a diverse set of perspectives and backgrounds,” said Jeanne Melino, Point72 Chief Inclusion and Community Officer. “It is only by bringing together people with different backgrounds and points of view, and fostering an environment where everyone has a voice and a chance to share their ideas, that we can achieve our mission of offering the greatest opportunities to the brightest talent.” 

Melino said Point72’s partnership with Correlation One is a key component of that mission. “Increasing the pipeline of diverse talent is a critical component of our mission and we are pleased to support the success of the DS4A fellows and play an active role in the training, mentorship, and coaching aspects of the program,” she added. 

“Training plays a pivotal role in developing a more diverse workforce, particularly when it comes to STEM disciplines,” said Miguel Vargas, Business Unit Manager for Market Intelligence, Point72’s proprietary research team, which seeks to uncover insights about companies, industries, and the broader economy through deep fundamental research and the application of data science and engineering techniques to alternative data sets. Market Intelligence and Point72 Ventures have been integral in leading the partnership with DS4A. 

“A key part of creating a more diverse workforce is ensuring access to training and educational opportunities wherein STEM-specific skills and experiences can be developed,” Vargas said. “Correlation One’s DS4A program is uniquely suited to help underrepresented communities have access to these types of opportunities, thereby unlocking the large and growing array of STEM-related career paths.”

“There’s a saying that great leaders don’t just happen. We look at diversity in the workforce the same way—you can’t take a passive approach to it and assume change will happen organically,” said Yonas Tesfaye, Point72 Hyperscale Foundry Partner. “If you want to diversify your workforce, you have to make it a priority every day.” 

Interested in discovering how your company can join Point72 and others in supporting the workforce of tomorrow through DS4A? Reach out to learn more. 

About Correlation One

Correlation One is a technology company whose mission is to create equal access to the data-driven jobs of tomorrow. The company makes data fluency a competitive edge through global data science competitions, rigorous data skills assessments, and enterprise-focused data science education.   

Correlation One's solutions are used by some of the most elite employers all around the world in finance, technology, healthcare, insurance, consulting and governmental agencies. Since launching in 2015, Correlation One has built an expert community of 250,000+ data scientists and 600+ partnerships with leading universities and data science organizations in the US, UK, Canada, China, and Latin America.

About Point72 Asset Management

Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry's premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry's brightest talent. For more information, visit www.Point72.com/about.