Locus Analytics, a think-tank based in New York City, develops proprietary classification tools to study and characterize economic systems. Locus has developed a systems-based functional model that revolutionizes the ways in which we explain, compare and analyze the complex entities and interactions that comprise the global economy. We employ this model in a broad base of applications, ranging from economic development to investment analysis. Our goal is to transform the ways that businesses, governments, and entrepreneurs interact with one another to build businesses, communities, and cities.
Rory Riggs is the founder of Locus Analytics, LLC. Locus Analytics’ focus is on the creation of a new information technology platform for economic information. Its mission is to develop a new taxonomic-based cloud software platform to change how we organize, manage and analyze business and economic information.
Mr. Riggs is the chairman and co-founder of Royalty Pharma, the largest investor in revenue producing intellectual property – principally, royalty interests in marketed and late stage development biopharmaceutical products. During his career, Mr. Riggs has been involved in the creation and management of many successful technology related companies including: Royalty Pharma (RoyaltyPharma.com); Fibrogen, Inc (Fibrogen.com); Cibus, LLC (Cibus.com); Sugen, Inc; Genenews Ltd (Genenews.com); Selectide Inc; eReceivables, LLC (eReceivables.co); Pacific Media and New Ventures, L.P. He served as the president (and director) of Biomatrix Corporation (NYSE Ticker: BXM) from 1995 until it was sold to Genzyme Corporation in December 2000. Mr. Riggs oversaw the global launch of Biomatrix’s lead product, Synvisc.
Mr. Riggs received a BA from Middlebury College and MBA from Columbia University.
Locus Analytics is an economic research think tank pioneering a new field we call Systems Economics. At its core, our work is the development of a systems approach to studying and relating all economic data. Our efforts are focused on developing new tools to organize and analyze economic data: capitalizing on the new capabilities of big data analytics, Locus is building a global database of companies, industries, jobs, and other economic data, structured using our systems approach to studying economic activity. These newly developed analytic tools and models will further our efforts in building the Locus database and, in turn, power new economic data analytics.
Vin Harng Chew
One of the ways that we utilize the model of economic systems is to develop tools to support economic communities. Using our system, we apply a functional lens to uncover themes and trends in economic systems of any scale. When we compare and analyze different systems we always do this through our functional lens. Our proprietary coding system helps us translate the work we do into a framework that is approachable for a wider audience. Our teams build analytical tools that are tailored to the specific needs of communities, businesses, and governments. Using an interdisciplinary approach, our teams are building models that highlight the complex interplay between community and economy structures. Our researchers and data analysts work with our creative teams to put together beautiful, interactive maps and profiles of cities and communities.
By engaging with these tools, users can query and perform comparative analysis on economic systems at a local, regional, or global scale. Our work will empower communities with the data and analytics they need to grow and meet their goals. Our tools will enable community managers to approach their job of community development like a business manager. By building a vocabulary for economic information, Locus Analytics hopes to reshape the debate surrounding economic systems in the 21st century.