Financial firms and markets have always been awash in data. Now managing and making sense of it has become a business in itself, and the industry’s top technological innovators are aggregating data and deploying advanced analytical tools to set themselves apart.
Are financial services companies really information technology companies? They are certainly IT-driven; the biggest banks and buy-side firms each budget billions of dollars annually for IT and employ thousands, in some cases tens of thousands, of software engineers and other technologists.
Amid the explosion in what is commonly known as big data, the financial technology leaders spotlighted in亚博赞助欧冠’s Tech 40 are underlining the “I” in IT.
This year’s elite include exchange company executives like Nasdaq’s Adena Friedman, No. 1 following her elevation to CEO and the implementation of a new architecture called the Nasdaq Financial Framework; Intercontinental Exchange (ICE) chairman and CEO Jeffrey Sprecher (No. 4); and CBOE Holdings president and COO Chris Concannon (No.15). They and heads of non-exchange trading venues, such as fixed-income platforms MarketAxess Holdings (Richard McVey, No. 23) and Tradeweb Markets (Lee Olesky, No. 22), point out that they have been selling data products all along. But the volumes are unprecedented; customers are demanding more, better, and faster analytics and insights; and technologies are emerging and evolving to fill the bill.
Friedman notes that data and computing speed fueled online brokerage and automated trading, starting in the 1990s. “What is different today is the ability to utilize data, to take advantage of greater processing capability and network capacity,” she says.
“It seems like a lot of people are just waking up to the data story — it has always been a focus of ours,” says Concannon, a former Nasdaq colleague of Friedman’s who joined CBOE when it acquired Bats Global Markets, where he was CEO, in February.
Sprecher将Ice描述为“网络和内容”业务。2015年，ICE收购互动数据公司，现在是冰数据服务单位的一部分，该单位占去年的总收入59.6亿美元的第三次。ICE在科技40家公司中并不孤单 - 其他人是彭博（肖恩Edwards和Vlad Kliatchko，第6号）和伦敦证券交易所集团（Chris Corrado，第31号） - 通过收购占据其指数业务。
另一个主要指数球员IHS Markit（Lance Uggla，5号）是明确的大数据和分析公司;金融业专注于去年汇款的标本，符合IHS，以形成35亿美元的自我称为“信息授权”，拥有50,000名公司和政府客户。
2017 Tech 40Click below to view profiles
Mike Chinn (No. 30), president of S&P Global Market Intelligence, draws a distinction between data and analytics: “A spreadsheet is data. A model that gets you to a decision is analytics.”
Michael Spencer (No. 8), who built ICAP into the world’s biggest interdealer brokerage, has sold off the traditional voice business and now runs NEX Group, a fintech company consisting of two principal parts: the NEX Markets trading platforms and NEX Optimisation, formerly ICAP’s post-trade risk and information services division, which includes “life cycle management and information services to optimize portfolios, control risk, and reduce costs.”
Capital markets firms got a head start in complex analytics with the high-performance kdb+ database developed by Kx Systems, a subsidiary of First Derivatives, and now other sectors like aerospace and pharmaceuticals are catching on. “We are making substantial investments in R&D, marketing, and direct and indirect sales channels to bring our technology to new markets,” says Kx and First Derivatives CEO Brian Conlon (No. 36).
The Tech 40 ranking was compiled by Institutional Investor editors and staff, with nominations and input from industry participants and experts. Four primary sets of attributes were evaluated: achievements and contributions over the course of a career; scope and complexity of responsibilities; influence and leadership inside and outside an organization; and pure technological innovation.
在40个参赛作品中，31人在Tech 50去年排名。他们的2016年排名显示，其余的被指定为“PNR”（以前没有排名）。
The Tech 40 was compiled under the direction of Senior Contributing Editor Jeffrey Kutler. Individual profiles were written by Kutler, Asia Bureau Chief Allen T. Cheng, and Senior Writers Imogen Rose-Smith and Julie Segal.