Building the FedEx of Financial Data with Philip Brittan, Founder & CEO of Crux
“To someone who’s not involved in this business, you might think what’s the big deal? But if you’re in this business you think oh my god this is a big deal…but it really shouldn’t be…and that’s why we exist.”
On today’s episode, Ryan Zauk sits down with Philip Brittan, Founder & CEO of Crux.
You know that frustration when someone routinely sends you great data but they’ve added rows, changed date formats on you, or re-ordered tabs? Then all of your pulls, lookups, and macros need to be redone?
Enter Crux, which Philip has built into the “humble, neutral utility” of data connections, or what he calls the “FedEx of financial data.” Crux ingests data sets from over 100 suppliers, then routinely cleans and standardizes them for delivery to end-users like hedge funds in the format they need. Building off partnerships with Snowflake, AWS, and a who’s who of strategic investors, Crux is transforming financial data.
If you’ve spent time in this space, you know how big this problem is.
Philip has been in the FinTech space for over 30 years, first as an entrepreneur, then as an executive with Google Finance, Bloomberg, and Thomson Reuters. Philip has a Bachelor of Arts in Computer Science from Harvard University.
In this episode, we go deep into Crux’s product, how they work with AWS and are taking advantage of the cloud explosion, the birth of their partnership with Two Sigma, why he only uses strategic funding, and much more.
Previous episodes you may enjoy:
Plaid’s John Pitts on the Current Regulatory Landscape, COVID FinTech Adoption, and More
Financial Literacy, Mocking Oprah, and Life Lessons with Neale S Godfrey
Unlocking Entrepreneurial Progress with Vanessa Colella, Head of Citi Ventures
Investing in Transformational Technologies — Raj Ganguly, Co-Founder of B Capital Group
Creating Pathways to Better Financial Health — Anu Shultes, CEO of LendUp
Creating an African Fintech Giant — Olugbenga Agboola, Co-Founder & CEO of Flutterwave
For more insights from FinTech leaders, follow us at:
Wharton FinTech
Twitter | Medium | LinkedIn | Facebook | Instagram
Ryan Zauk
—
Ryan Zauk is an MBA Candidate at The Wharton School, where he runs the Wharton FinTech Podcast. After graduation, Ryan will join Morgan Stanley’s Menlo Park Office focused on technology. He has a passion for music, media, and all things FinTech.
You can reach him at rzauk@wharton.upenn.edu or on Twitter.
