< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
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Jeff Parker
Chairman
EidoSearch
(PNR)
Certain milestones spell success for a start-up, and EidoSearch has had a few. In the summer of 2012, it won recognition from New York’s FinTech Innovation Lab (see Cristóbal Conde, No. 39), opening doors to prominent financial institutions and venture capitalists. A year later, while selling its high-powered “search and discovery” technology to “some of the largest financial firms in the world,” as its website proclaims, Toronto-based EidoSearch completed a $2 million funding round led by Resolute Ventures. But the imprimatur of Jeff Parker, appointed chairman last November, really put the company on the map. The 71-year-old’s résumé is a walk through fintech innovation history: In 1986 he sold two enterprises he had founded, Technical Data Corp. and First Call Corp., to Thomson Corp. and became CEO of the Thomson Reuters predecessor’s financial services subsidiary. Back to entrepreneurship in 1997, he launched Corporate Communications Broadcast Network, which Thomson bought in 2004. EidoSearch, founded in 2008 by University of Chicago MBA classmates David Kedmey and Steven Zhang, represents “the culmination of everything I’ve been interested in: organization of information, efficiency gains through presentation of data and forecasting capability,” says Parker, who is also chairman of communications services company Mainstream Data. For time-series investment and risk analysis, “it’s all about harnessing the past to predict the future. History always repeats itself in the markets — it’s just a question of getting the client to notice that.”
The 2014 Tech 50Click name to view ranking profile.
| 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 |
