< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
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Chris Corrado
Chief Information Officer
MSCI
(PNR)
Until last October venerable benchmark indexing company MSCI had never had a chief information officer. Chris Corrado, capping a 33-year career that included stints at several top Wall Street technology shops, is making amends in a hurry. Reporting to chairman and CEO Henry Fernandez, who called the appointment “the ultimate recognition that MSCI is a technology company,” Corrado says he has been aggressive in forging a management framework for technology and data services — functions that account for 45 percent of MSCI’s 2,600 employees — and paving the way for “significant infrastructure investments.” Having a CIO in place “just scratches the surface of the transformation,” adds the 54-year-old. New York–based MSCI today is far more than the index firm formerly known as Morgan Stanley Capital International. A series of acquisitions since 2004, including Barra, RiskMetrics, IPD Group and InvestorForce, have turned $1 billion-in-revenue MSCI into a broad-based provider of performance and risk management tools. “We are creating an integrated platform for risk and portfolio management,” the CIO explains. Platform services will support innovation by developers and ultimately allow clients to perform their own analytics. “We are in a unique position to be at the center of the investment process,” says Corrado, who held senior technology positions at Morgan Stanley from 1985 to 1997 and was most recently head of platform services at UBS.
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