< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
25
Antoine Shagoury
Chief Operating Officer
London Stock Exchange Group
Last year: 31
London Stock Exchange Group made a headlong dive into posttrade business with its May 2013 purchase of a controlling interest in LCH.Clearnet Group, and Antoine Shagoury has turned his attention squarely in that direction. Shagoury, 44, who became CIO of the London Stock Exchange’s parent in 2010 and added the COO title in 2012, says, “We want to be comfortable at every stage of the cycle, from product creation to transaction facilitation to settlement of the overall asset pool.” LCH.Clearnet accounted for £263 million ($438 million) of the group’s £1.1 billion in revenue for the fiscal year ended March 31. Before the posttrade pivot Shagoury was preoccupied with the now-complete but not altogether seamless migration of 12 trading venues onto the platform of MillenniumIT, a Sri Lanka–based subsidiary LSE acquired in 2009, of which Shagoury is chairman. Also now a posttrade play, MillenniumIT signed a major infrastructure deal with Singapore Exchange last fall. “We’re trying to leverage anything as a service if we have a capability,” the COO says. “The same platform used for trading can be modified and used for data and modified and used for clearing.”
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