< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
11
Deborah Hopkins
Chief ExecutiveOfficer
Citi Ventures
Last year: 14
At Citigroup headquarters in New York, stress tests, capital and leverage are high on the boardroom agenda. The metrics are different in Palo Alto, California, at Citi Ventures, the $1.9 trillion-in-assets banking company’s strategic investing unit and window on all things emerging and disruptive. To see the future is to know the players: Last year Citi Ventures logged 1,000 meetings — 200 more than in 2012 — vetted 620 start-ups and invested in eight. “The level of disruption is profound and pervasive and reaching across every industry,” says CEO Deborah Hopkins, a veteran technology and strategy executive who established the Silicon Valley outpost in 2010 and has been Citigroup’s chief innovation officer since 2008. “A big part of what our team is now focused on is helping our businesses understand all that and synthesize it into actionable insights.” Recent portfolio investments Ayasdi, Datameer and Platfora have the big-data-analytics theme in common. Among other holdings: e-payments sensation Square. Citi offers “companies that have potential for scale” what conventional venture firms cannot by “moving them into proof of concept and hopefully commercialization,” Hopkins, 59, explains. In her spare time she hosts events to promote women’s entrepreneurship, part of a personal campaign: “We’re looking to figure out how to change numbers that are staggeringly small.”
The 2014 Tech 50
1 | 1 | 3 | 4 | 5 |
Thomas Secunda Bloomberg | Jeffrey Sprecher Intercontinental Exchange | Catherine Bessant Bank of America Corp. | Stephen Neff Fidelity Investments | Lance Uggla Markit |
6 | 7 | 8 | 9 | 10 |
Robert Goldstein BlackRock | David Craig Thomson Reuters | Phupinder Gill CME Group | Anna Ewing NASDAQ OMX Group | R. Martin Chavez Goldman Sachs Group |
11 | 12 | 13 | 14 | 15 |
Deborah Hopkins Citi Ventures | Dan Mathisson Credit Suisse | Daniel Coleman KCG Holdings | Michael Spencer ICAP | Michael Bodson Depository Trust & Clearing Corp. |
16 | 17 | 18 | 19 | 20 |
Joe Ratterman BATS Global Markets | Dominique Cerutti Euronext | Ron Levi GFI Group | Gaurav Suri D.E. Shaw Group | Charles Li Hong Kong Exchanges and Clearing |
21 | 22 | 23 | 24 | 25 |
Lou Eccleston S&P Capital IQ | Lee Olesky Tradeweb Markets | Richard McVey MarketAxess Holdings | Seth Merrin Liquidnet Holdings | Antoine Shagoury London Stock Exchange Group |
26 | 27 | 28 | 29 | 30 |
Christopher Perretta State Street Corp. | Kevin Rhein Wells Fargo & Co. | Peter Carr Morgan Stanley | Hauke Stars Deutsche Börse | Robert Alexander Capital One Financial Corp. |
31 | 32 | 33 | 34 | 35 |
David Gershon SuperDerivatives | Chris Corrado MSCI | Joseph Squeri Citadel | Tanuja Randery BT Global Services | John Bates Software AG |
36 | 37 | 38 | 39 | 40 |
Gary Scholten Principal Financial Group | David Gledhill DBS Bank | Simon Garland Kx Systems | Cristóbal Conde FinTech Innovation Lab | Jeff Parker EidoSearch |
41 | 42 | 43 | 44 | 45 |
Kim Fournais & Lars Seier Christensen Saxo Bank | Kenneth Marlin Marlin & Associates | Tyler Kim MaplesFS | Jim McGuire Charles Schwab Corp. | Jim Minnick eVestment |
46 | 47 | 48 | 49 | 50 |
Steven O’Hanlon Numerix | Sebastián Ceria Axioma | Yasuki Okai Nomura Research Institute | Niki Beattie Market Structure Partners | Mas Nakachi OpenGamma |