< The 2015 Trading Technology 40: Going with the Flow
5
Charles Vice
President and Chief Operating Officer
Intercontinental Exchange
Previously Not Ranked
NYSE Euronext, which Intercontinental Exchange acquired in November 2013 for $11 billion, was “a very complex, difficult-to-manage organization,” says Charles Vice. “Our goal was to simplify it.” A member of CEO Jeffrey Sprecher’s management team since Atlanta-based ICE’s inception in May 2000, COO since 2001 and president since 2005, Vice played a major role in postmerger processes that were as much about melding “very different cultures” as they were technical — and quick. ICE, which now has no chief technology officer (longtime CTO Edwin Marcial, No. 1 last year, left the company in October), by summer 2014 had sold off parts of the NYSE Technologies unit and absorbed other data center and market data businesses. Vice, 51, led a team that between August and November integrated London-based Liffe — the NYSE Euronext derivatives affiliate that most closely complemented ICE’s platforms and that the COO characterizes as “our highest interest” in the acquisition. Staying on the acquisition trail, ICE bought security valuation and analytics company SuperDerivatives for $350 million in October and a majority stake in the Holland Clearing House in December, moves that Sprecher said “will accelerate our growth initiatives related to risk management and data services.” Meanwhile, the venerable New York Stock Exchange had a banner year, with an industry-leading $182 billion in proceeds from 545 IPOs, and a new trading platform will be built this year. Vice admits to being surprised by the value of the brand in the listings business: “A brand like NYSE needs to be spotlit.”
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 |