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Hivemind Appoints Senior Team for Next Phase of Growth

Hivemind, a data science and technology company offering a cloud-based
platform for solving complex unstructured data problems, has named
several Winton employees to its team in full-time roles.

Their number include: Daniel Mitchell, who ran a team of data scientists
at Winton and becomes Hivemind’s Chief Executive; former Winton business
development SVP Henrik Grunditz, who becomes Chief Revenue Officer; and
Mark Roulston, formerly a Managing Director in Winton’s research team
and now Senior Data Scientist at Hivemind.

Hivemind’s employees will together own 25% of Hivemind’s equity, with
the remainder held by Winton. Winton will also continue to be a client
of Hivemind, which began offering services to third parties a year ago.
In due course, Hivemind intends to expand its list of external clients
and to raise external capital to fuel its continuing growth.

Hivemind’s board of directors will include Winton Founder and CEO David
Harding, Geoff Cross, a Winton Managing Director, and Daniel Mitchell.

David Harding, Winton’s Founder and CEO, said: “We’re delighted that
Hivemind has taken the next step in its development. By separating the
company from Winton’s core investment business, we intend to make
Hivemind’s data science expertise available to a wider market, and to
unlock the value we believe exists in the business.”

Daniel Mitchell, Hivemind’s CEO, said: “Companies today are grappling
with the growth in unstructured data, such as text, video or images.
Hivemind’s cloudbased platform efficiently structures this data so that
companies can process and analyse it. “Having been involved in
Hivemind’s development since it was first conceived, I’m thrilled that
Winton has given us the opportunity and support we need to accelerate
the company’s growth.”

About Hivemind:

Originally conceived as a research capability within global investment
management and data science company Winton Group, Hivemind was created
for the industrial-scale collection, cleaning, and enrichment of data.
Hivemind’s development proved transformational for Winton, and today the
majority of its large-scale research projects use Hivemind’s cloud-based
platform.

The platform’s success and flexibility resulted in Hivemind being
incorporated in 2017 as a separate company offering services to third
parties. Examples of ways that clients have used the Hivemind platform
include research data collection, the creation of machine learning
training data and crowdsourced image annotation.

www.hvmd.io

About Winton:

Winton is a global investment management and data science company.
Founded in 1997 by its CEO David Harding, Winton’s business is grounded
in the belief that the scientific method can be profitably applied to
the field of investing. The firm aims to help savers and institutional
clients meet their investing goals by building intelligent, long-term
investment systems that evolve as markets change.

As a systematic investment manager, Winton uses tools drawn from data
science and advanced technology to identify subtle patterns in the
behaviour of financial markets. Winton employs around 350 people in
eight offices around the world and manages approximately $30 billion of
assets for many of the world’s largest pension funds, sovereign wealth
funds, banks and fund platforms.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005571/en/