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The 2016 Tech 50: Kim Fournais
The Saxo Bank CEO moves to No. 46 from No. 39 on the Tech 50 ranking.

It’s a little lonelier at the top of Hellerup, Denmark–based brokerage and trading innovator Saxo Bank. Longtime co-CEO Lars Seier Christensen stepped down at year-end 2015 (though retaining his 26 percent ownership stake), leaving the reins toKim Fournais. “Some things become slightly easier when you’re one person,” quips Fournais, 50, who founded the firm with Christensen in 1992, converted it to a bank in 2001 and assembled an extensive menu of online products and platforms for a global retail and institutional clientele. The past year was notable for “a new platform, new technology, new partnerships” revolving around SaxoTraderGO, a multiasset trading system available in 27 languages. In the system’s first 12 months, it delivered more than 55 percent of the bank’s revenue from private clients, Fournais says. SaxoSelect, an open application programming interface launched in January 2016, allows various trading and portfolio management vehicles, ranging from a generic robo-adviser to an actively managed long-only fund, to run on SaxoTraderGO. The bank, which has €13 billion ($14.4 billion) in client deposits and wealth assets under management, partnered with BlackRock this year to combine Saxo’s investment models with iShares exchange-traded funds, also on SaxoTraderGO. Key to the arrangement: Saxo is not offering retail products of its own. “We have only one aim: to service clients in the best way possible,” Fournais asserts. In the spirit of fintech disruption, he adds, “we are not hesitant to distribute products that would cannibalize” those of traditional institutions. Saxo has also gone the partnership route to boost its presence in China; one is with financial news provider Wallstreet CN to deliver content and trading services on mobile devices. “These digital distributors are coming in with much better services than existing banks,” says Fournais, who sees Saxo promoting a “democratized” future that will provide efficient tools for people to control their financial destinies.
VisitThe 2016 Tech 50: Making Financial Services Faster, Cheaper, Biggerfor more.
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2.Jeffrey Sprecher
Intercontinental Exchange
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3.Lance Uggla
Markit
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4.Phupinder Gill
CME Group
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5.Shawn Edwards and Vlad Kliatchko
Bloomberg
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6.R. Martin Chavez
Goldman Sachs Group
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7.罗依bert Goldstein
BlackRock
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8.Adena Friedman
Nasdaq
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9.Deborah Hopkins
Citi Ventures
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10.Daniel Coleman
KCG Holdings
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11.Stephen Neff
Fidelity Investments
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12.David Craig
Thomson Reuters
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13.Michael Spencer
ICAP
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14.Michael Bodson
Depository Trust & Clearing Corp.
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15.Charles Li
Hong Kong Exchanges and Clearing
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16.Chris Concannon
BATS Global Markets
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17.Blythe Masters
Digital Asset Holdings
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18.David Rutter
R3CEV
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19.Neil Katz
D.E. Shaw & Co.
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20.Lee Olesky
Tradeweb Markets
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21.Richard McVey
MarketAxess Holdings
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22.Seth Merrin
Liquidnet Holdings
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23.罗依bert Alexander
Capital One Financial Corp.
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24.Brad Katsuyama
IEX Group
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25.Antoine Shagoury
State Street Corp.
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26.David Gledhill
DBS Bank
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27.Lou Eccleston
TMX Group
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28.Andreas Preuss
Deutsche BÖrse
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29.Dan Schulman
PayPal Holdings
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30.Scott Dillon
Wells Fargo & Co.
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31.Mike Chinn
S&P Global Market Intelligence
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32.Craig Donohue
Options Clearing Corp.
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33.Gary Norcross
Fidelity National Information Services
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34.Steven O'Hanlon
Numerix
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35.Sebastián Ceria
Axioma
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36.Michael Cooper
BT Radianz
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37.Tyler Kim
MaplesFS
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38.Neal Pawar
AQR Capital Management
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39.David Harding
Winton Capital Management
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40.Chris Corrado
London Stock Exchange Group
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41.Brian Conlon
First Derivatives
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42.Jim Minnick
eVestment
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43.Stephane Dubois
Xignite
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44.Mazy Dar
OpenFin
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45.Yasuki Okai
NRI Holdings America
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46.Kim Fournais
Saxo Bank
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47.Jock Percy
Perseus
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48.罗依bert Schifellite
Broadridge Financial Solutions
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49.Brian Sentance
Xenomorph Software
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50.Pieter van der Does
Adyen
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