< The 2016 Tech 50

In March, four months after Chris Corrado’s arrival at London Stock Exchange Group, the company sealed its $20 billion merger-of-equals agreement with Deutsche Börse (see Andreas Preuss, No. 28). But Corrado says the pending deal has not affected the information technology projects and momentum he inherited when Antoine Shagoury (No. 25) moved to State Street Corp. Shagoury’s five years at LSEG saw multiple installations of subsidiary MillenniumIT’s high-performance trading and postttrade systems, and postmerger integrations of FTSE Group and LCH.Clearnet Group. “This company wants to be one of the top three in market infrastructure in the world,” says Corrado, 56, who is both chief operating officer and chief information officer. “It’s been quite a ride so far.” In February, Corrado launched a three-year IT plan covering the three main business lines: capital markets, data, and settlements and clearing. Technology management is being decentralized among business-unit CIOs, who have access to a newly created shared services unit — a structure not unlike others Corrado has seen evolve over a 35-year career that included stops at Morgan Stanley, Deutsche Bank, Merrill Lynch & Co., UBS and, most recently, MSCI, which he joined in 2013 as the indexing giant’s first CIO. Corrado has a team of about ten in Australia, the U.K. and the U.S. researching such emerging technologies as machine learning and big-data analytics. Several working groups are investigating blockchain for posttrade processes and private markets, and there is a partnership with IBM Corp. to develop an open-source implementation. “It’s kind of like how the Internet took off,” Corrado says of blockchain adoption. “You always have the bleeding edge, the leading edge, the mainstream and then the laggards.” For LSEG lagging is not an option.

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The 2016 Tech 50

1. Catherine Bessant Bank of America Corp. 2. Jeffrey Sprecher Intercontinental Exchange 3. Lance Uggla Markit Private Markets Investment Outlook Q2 2025: Opportunities Amid Uncertainty Sponsored by Schroders Capital May 1, 2025 4. Phupinder Gill CME Group 5. Shawn Edwards and Vlad Kliatchko Bloomberg 6. R. Martin Chavez Goldman Sachs Group

7. Robert Goldstein BlackRock 8. Adena Friedman Nasdaq 9. Deborah Hopkins Citi Ventures 10. Daniel Coleman KCG Holdings 11. Stephen Neff Fidelity Investments 12. David Craig Thomson Reuters

13. Michael Spencer ICAP 14. Michael Bodson Depository Trust & Clearing Corp. 15. Charles Li Hong Kong Exchanges and Clearing 16. Chris Concannon BATS Global Markets 17. Blythe Masters Digital Asset Holdings 18. David Rutter R3CEV

19. Neil Katz D.E. Shaw & Co. 20. Lee Olesky Tradeweb Markets 21. Richard McVey MarketAxess Holdings 22. Seth Merrin Liquidnet Holdings 23. Robert Alexander Capital One Financial Corp. 24. Brad Katsuyama IEX Group

25. Antoine Shagoury State Street Corp. 26. David Gledhill DBS Bank 27. Lou Eccleston TMX Group 28. Andreas Preuss Deutsche BÖrse 29. Dan Schulman PayPal Holdings 30. Scott Dillon Wells Fargo & Co.

31. Mike Chinn S&P Global Market Intelligence 32. Craig Donohue Options Clearing Corp. 33. Gary Norcross Fidelity National Information Services 34. Steven O'Hanlon Numerix 35. Sebastián Ceria Axioma 36. Michael Cooper BT Radianz

37. Tyler Kim MaplesFS 38. Neal Pawar AQR Capital Management 39. David Harding Winton Capital Management 40. Chris Corrado London Stock Exchange Group 41. Brian Conlon First Derivatives 42. Jim Minnick eVestment

43. Stephane Dubois Xignite 44. Mazy Dar OpenFin 45. Yasuki Okai NRI Holdings America 46. Kim Fournais Saxo Bank 47. Jock Percy Perseus 48. Robert Schifellite Broadridge Financial Solutions

49. Brian Sentance Xenomorph Software 50. Pieter van der Does Adyen