Fosters collaboration and teamwork.
Richard Holowczak is an Associate Professor in the Paul H. Chook Department of Information Systems and Statistics at the Zicklin School of Business, Baruch College, City University of New York. He earned his Ph.D. in Computer Information Systems from Rutgers University in 1997 with a thesis on Extractors for Digital Library Objects, an M.S. in Computer Science from New Jersey Institute of Technology in 1997, an M.B.A. in Information Systems from Rutgers University in 1992 as a Dean’s Scholarship recipient, and a B.S. in Computer Science from The College of New Jersey in 1990 with a minor in Mathematics. Holowczak joined Baruch College in 1997 as an Assistant Professor, was promoted to Associate Professor with tenure in 2003, and has served as Doctoral Faculty in Business at the CUNY Graduate Center since 2001. He currently directs the Options Data Warehouse since 2005 and previously directed the Subotnick Financial Services Center from 2003 to 2016.
His research interests encompass database management systems, eCommerce, cybersecurity, financial information technologies, Oracle SQL*Plus and Developer Suite, cloud services including Amazon Web Services and Google Cloud Platform, and IT career paths in financial IT, IT audit, and database administration. Holowczak maintains a data warehouse exceeding 800 TB of equity options data from the OPRA feed and other market data. Key publications include “Decomposing informed trading in equity options” in the Journal of Econometrics (2026), “A thematic analysis of code of ethics disclosures in SEC 8-K Item 5.05” in Business Ethics, the Environment & Responsibility (2024), “Costs associated with exit or disposal activities: A topic modeling investigation of disclosure and market reaction” in Intelligent Systems in Accounting, Finance and Management (2023), “Stock Market Signals and Consequences of Securities Class Actions Lawsuits: A Microstructure Perspective” in Review of Quantitative Finance and Accounting (2021), “Testing market response to auditor change filings: A comparison of machine learning classifiers” in The Journal of Finance and Data Science (2019), and “Price discovery in the U.S. stock and stock options markets” in Review of Derivatives Research (2007). He has authored tutorials such as ORACLE SQL*Plus: An Introduction and Tutorial and Oracle9i Developer Suite tutorial. Holowczak received the Market Technicians Association Best Paper Award in Technical Analysis/Investments for his 2013 paper at the Southwestern Finance Association Conference. He teaches courses in database management systems, eCommerce, cybersecurity, financial information technologies, and delivers workshops on Reuters, FactSet, Bloomberg, and trading simulations for the Masters in Financial Engineering program.
