< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
19
Gaurav Suri
Head of InformationTechnology andSoftware Development
D.E. Shaw Group
Last year: 21
Some firms are reluctant to centralize development for fear that it will slow innovation. “On the one hand, centralization is good because you don’t have people doing duplicate effort,” explains D.E. Shaw Group’s Gaurav Suri. “On the other hand, it in some ways increases your distance from the business.” As head of information technology and software development for the New York–based multistrategy hedge fund firm, Suri, 43, has sought to strike a balance by implementing a “federated structure.” His team of more than 450 technologists develops software and systems for middle- and back-office functions and trading infrastructure shared by all of D.E. Shaw’s investment businesses. Suri’s group speeds up the time it takes the businesses to get new ideas implemented by providing sophisticated quantitative research tools and prescrubbed data. “It is a lot faster for them to be able to plug in some of their forecast ideas and do all the research and backtesting they need to figure out whether the forecast is good,” says Suri, who worked at Bell Laboratories before being recruited to D.E. Shaw in 1996. “The fundamental guiding principle today is to increase the idea-to-implementation velocity.”
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