< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
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Cristóbal Conde
Executive in Residence
FinTech
Innovation Lab
(PNR)
In 2011, when Cristóbal Conde retired after nine years as president and CEO of SunGard Data Systems, the company not only was one of the leading technology vendors to the financial industry, but it had grown into the world’s biggest privately held business software and information technology services company, with $5.6 billion in revenue and 26,000 employees. That’s a pretty fair legacy, but Conde, then 51, wanted to leave his mark in other ways: as a senior adviser to private equity firm TPG Capital, a director of Massachusetts Mutual Life Insurance Co. and, what he says is “so much fun,” as a mentor to start-ups. This is the third year of Conde’s residency with the Partnership Fund for New York City’s FinTech Innovation Lab, a competition administered by consulting firm Accenture to identify promising entrepreneurs and hook them up with venture funding and prospective financial institution customers. Conde liked some of the contestants so much that he literally bought into them: He is executive chairman of True Office, which builds interactive training systems; chairman of fund transaction and settlement network Calastone; director of cybersecurity innovator Centripetal Networks; and director of surveillance and analytics developer Digital Reasoning. Conde, who sold his own company, Devon Systems, to SunGard in 1987, says financial firms “have focused on compliance and incremental systems changes” in recent years and therefore “need disruptive start-ups more than ever.”
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 |
