< The 2015 Trading Technology 40: Going with the Flow
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Gerard Beatty
Global Head of Equities Technology
Goldman Sachs Group
Previously Not Ranked
Trading technology is but one facet of Gerard Beatty’s 22-year career at Goldman Sachs Group. From his 1992 start designing risk management infrastructure for commodities and structured products, Beatty moved on to building the firm’s institutional web portal, followed by a buy-side stint creating an online business for the wealth management group. He then helped rebuild the investment research group’s analytics and publishing platform, launched two multistrategy hedge funds and served as co-head of technology for Goldman Sachs Asset Management. Currently global head of equities technology, the 49-year-old oversees investment research systems and securities division sales and data services. New York–based Goldman has “written over 1 billion lines of code across all of our businesses,” Beatty says, noting that nearly one third of the firm’s 33,000 employees are engineers. Today, Goldman is leveraging cloud computing and open-source development to extend the reach of its platforms. A case in point is Symphony Communication Services, a messaging platform built in collaboration with other firms that is now being rolled out to the broader financial services community. “Companies that see themselves as technology companies and embrace digital platforms will continue to unlock new sources of value for their clients and grow market share,” says Beatty, a University of Vermont graduate whose first software engineering job was designing embedded controllers for cardiac equipment.
The 2015 Trading Technology 40
1 | 2 | 3 | 4 | 5 |
Kevin Kometer CME Group | Richard Prager BlackRock | Raymond Tierney III Bloomberg Tradebook | Jonathan Ross KCG Holdings | Charles Vice Intercontinental Exchange |
6 | 7 | 8 | 9 | 10 |
Chris Isaacson BATS Global Markets | Bradley Peterson Nasdaq OMX Group | Brad Levy MarkitSERV | Dan Keegan Citi | Ronald DePoalo Fidelity Institutional |
11 | 12 | 13 | 14 | 15 |
Gerard Beatty Goldman Sachs Group | Gerald O’Connell CBOE Holdings | Brenda Hoffman TMX Group | Billy Hult Tradeweb Markets | Nicholas Themelis MarketAxess Holdings |
16 | 17 | 18 | 19 | 20 |
Bina Kalola Bank of America Merrill Lynch | Gil Mandelzis EBS-BrokerTec (ICAP) | Steven Randich Financial Industry Regulatory Authority | Jerry Dobner GFI Group | Michael Liberman BlueMountain Capital Management |
21 | 22 | 23 | 24 | 25 |
Bill Chow and Richard Leung Hong Kong Exchanges and Clearing | Jamie Selway Investment Technology Group | Brad Katsuyama IEX Group | John Mackay (Mack) Gill MillenniumIT | Jamil Nazarali Citadel Execution Services |
26 | 27 | 28 | 29 | 30 |
Robert Cornish International Securities Exchange | Tyler Moeller andJoshua Walksy Broadway Technology | Rishi Nangalia REDI Holdings | Manoj Narang Tradeworx, Thesys Technologies | Oki Matsumoto Monex Group |
31 | 32 | 33 | 34 | 35 |
Alasdair Haynes Aquis Exchange | Veronica Augustsson Cinnober Financial Technology | Stu Taylor Algomi | Luís Otávio Saliba Furtado BM&FBovespa | Tal Cohen Chi-X Global Holdings |
36 | 37 | 38 | 39 | 40 |
Donal Byrne Corvil | R. Cromwell Coulson OTC Markets Group | Alfred Eskandar Portware | Richard Korhammer SR Labs | Hazem Dawani OptionsCity Software |