< The 2016 Tech 50

A year ago Tyler Kim was wearing two hats at Montreal-based MaplesFS. He was chief information officer, having built and managed the fund and fiduciary services firm’s technology platform after arriving in 2009 from Toronto hedge fund firm Northwater Capital Management. As of April 2015 he was also co–global head of Maples Fund Services, underscoring the importance of information technology to the company’s core business. Today Kim is down to one title, global head of fund services, but he is no less of a technologist than he always was. “It became a bit redundant,” says the Stanford University BS in industrial engineering. Dropping the CIO title is “emblematic of our transformation into a technology company.” An affiliate of offshore law partnership Maples and Calder that has been in the fund administration business since 2005, MaplesFS has $59 billion in assets under administration. Rather than going toe-to-toe against the multitrillion-dollar elites in that business, MaplesFS creates bespoke niches in what Kim, 42, defines as “targeted offerings for institutional investors.” A case in point, riding on Kim’s flexible IT architecture, is a consolidated performance- and risk-reporting mandate from the Dallas Police and Fire Pension System. The $3 billion pension fund said in April that it had turned to MaplesFS as part of a plan that includes a realignment of investment strategy and improved governance. MaplesFS is breaking new ground in the San Francisco area, where it opened an office last year, by introducing administrative disciplines to marketplace lending. Originally known as peer-to-peer (P2P) lending, the high-flying sector is increasingly attracting institutional funding. Without independent recordkeeping at the individual loan level, which MaplesFS has developed algorithms to perform, institutional money would be scarce: MaplesFS has identified Evolution Capital Management of Santa Monica, California, as a marquee client, with four loan funds being administered. “This is a new way to apply the skills of Maples, an opportunity to get in on a rising tide in an area that is underserved,” Kim says. Next up for independent administration treatment: private equity funds, which, Kim points out, are largely self-administered in North America but less so in other parts of the world.

Visit The 2016 Tech 50: Making Financial Services Faster, Cheaper, Bigger for more.

 
The 2016 Tech 50

1. Catherine Bessant Bank of America Corp. 2. Jeffrey Sprecher Intercontinental Exchange 3. Lance Uggla Markit Finding, Applying for, and Winning Grant Funding: Tips for Nonprofits Sponsored by Fidelity Investments April 28, 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