Please login to print this page
29
Lou Eccleston
President
S&P Capital IQ
(PNR)

Until last year McGraw-Hill Cos., parent of Standard & Poor's, offered a diverse set of information products — brands like Capital IQ, Compustat and MarketScope — under the McGraw-Hill Financial umbrella. In September that business transformed into S&P Capital IQ, and Lou Eccleston, the unit's president, has been busy forging what he terms "siloed niche businesses" into an integrated powerhouse competing against the biggest names in financial data, research and analytics. The 55-year-old, who joined McGraw-Hill in 2008, believes the scale of the enterprise creates boundless opportunities to orchestrate and capitalize on product and technology synergies. He has run big tech businesses before: He spent 14 years managing sales and service initiatives at Bloomberg and later was president of Thomson Financial's banking and brokerage division. None of his jobs was bigger than S&P Capital IQ, which has 8,000 employees and $1 billion in revenue — $1.4 billion including Eccleston's other responsibility, S&P Indices. (He is chairman-designate of pending joint venture S&P/Dow Jones Indices.) Eccleston filled gaps in risk analytics and real-time transaction capability, respectively, with acquisitions this year of Toronto-based R2 Financial Technologies and Paris-based QuantHouse. The acquisitions, he says, brought "a talent infusion of 120 mathematicians, scientists and engineers."