< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
35
John Bates
Chief Technology Officer, Intelligent Business Operations and Big Data
Software AG
Last year: 35
At the CeBIT technology extravaganza in Hannover, Germany, in March, both U.K. Prime Minister David Cameron and German Chancellor Angela Merkel stopped by the exhibit of Software AG. “That’s how big we are,” says John Bates of the €973 million ($1.3 billion)-in-revenue company. Outside Europe and particularly in capital markets, Darmstadt-based Software AG doesn’t have the brand recognition of the much larger German enterprise-software provider SAP. Bates, 44, and the intelligent-business-operations platform he oversees are changing that. While teaching at the University of Cambridge in the 1990s, Bates was an inventor of complex-event processing, now ubiquitous in algorithmic trading and other high-performance computing operations. Apama, the CEP company he founded, was acquired in 2005 by Bedford, Massachusetts–based Progress Software Corp., where Bates was chief technology officer until the July 2013 sale of Apama to Software AG. Still a CTO, based in the Boston area but spending much of his time on the road, the British-born computer scientist is a key player in Software AG’s push to deliver “smart big data”solutions. Along with the mark Apama and its analytics have made in e-trading, compliance and regulatory surveillance, other Software AG properties, such as Terracotta (in-memory databases and low-latency messaging, acquired in 2011) and JackBe (real-time visualization, 2013), constitute “a new paradigm for high-velocity capital markets applications,” says Bates.
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