< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
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Chris Corrado
Chief Information Officer
MSCI
(PNR)
Until last October venerable benchmark indexing company MSCI had never had a chief information officer. Chris Corrado, capping a 33-year career that included stints at several top Wall Street technology shops, is making amends in a hurry. Reporting to chairman and CEO Henry Fernandez, who called the appointment “the ultimate recognition that MSCI is a technology company,” Corrado says he has been aggressive in forging a management framework for technology and data services — functions that account for 45 percent of MSCI’s 2,600 employees — and paving the way for “significant infrastructure investments.” Having a CIO in place “just scratches the surface of the transformation,” adds the 54-year-old. New York–based MSCI today is far more than the index firm formerly known as Morgan Stanley Capital International. A series of acquisitions since 2004, including Barra, RiskMetrics, IPD Group and InvestorForce, have turned $1 billion-in-revenue MSCI into a broad-based provider of performance and risk management tools. “We are creating an integrated platform for risk and portfolio management,” the CIO explains. Platform services will support innovation by developers and ultimately allow clients to perform their own analytics. “We are in a unique position to be at the center of the investment process,” says Corrado, who held senior technology positions at Morgan Stanley from 1985 to 1997 and was most recently head of platform services at UBS.
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 |