The 2014 Tech 50: Tyler Kim

< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud

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Tyler Kim
Chief Information Officer
MaplesFS
Last year: 46

A niche fund servicer with $45 billion under administration might ordinarily be expected to be a technology backwater, heavily dependent on outsourcing. But Montreal-based MaplesFS, led by chief information officer Tyler Kim, defies the stereotype. Maples Fund Services, the administrator, is merely the “old school” core, Kim says, of a broadening business portfolio that requires the flexibility, control and reliability of in-house technology. As of this year Kim’s team of 50-plus has taken responsibility for previously hosted infrastructure and data-management-related applications, the core system of the Maples Fiduciary unit and even local support for eight offices worldwide. “In-house capability outstrips what vendors can do,” asserts the Stanford University industrial engineering graduate and former hedge fund CTO, who was hired in 2009 by MaplesFS’s parent, offshore law firm Maples and Calder, and given a broad “transformation” mandate. By 2011 “our focus was on growth, and technology was seen as the enabler,” says the 40-year-old. “Now we’re growing in leaps and bounds.” Revenue was up 29.6 percent year-over-year through April. Fueling the growth are services like risk reporting (Texas Tech University is the first endowment client) and fund compliance support to help clients address regulations like Europe’s alternative-investments directive and the U.S.’s form PF. That added dimension “is what makes this job so great,” Kim says.

The 2014 Tech 50

1 Dave Cross	1	3 IAN CURCIO 2011	4 FayFoto/Boston	5 Teri Pengilley
Thomas Secunda Bloomberg	Jeffrey Sprecher Intercontinental Exchange	Catherine Bessant Bank of America Corp.	Stephen Neff Fidelity Investments	Lance Uggla Markit
6	7	8 Photographer:Charlie Simokaitis	9	10 Mark McQueen
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 Christopher Elston
Deborah Hopkins Citi Ventures	Dan Mathisson Credit Suisse	Daniel Coleman KCG Holdings	Michael Spencer ICAP	Michael Bodson Depository Trust & Clearing Corp.
16	17	18 Todd Plitt	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 Larry Lettera/ Camera 1	22	23	24 XT	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 Production	27 Wayne R. Martin	28	29 Thorsten Jansen	30 Adam B. Auel
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 Paul Elledge	34	35 Stephen Brashear
David Gershon SuperDerivatives	Chris Corrado MSCI	Joseph Squeri Citadel	Tanuja Randery BT Global Services	John Bates Software AG
36	37	38	39 Photo Credit: Kevin Irby	40
Gary Scholten Principal Financial Group	David Gledhill DBS Bank	Simon Garland Kx Systems	Cristóbal Conde FinTech Innovation Lab	Jeff Parker EidoSearch
41	42 Jeff Smith Photo	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 tomohisa ichiki	49 David Poultney	50 A.E. Fletcher Photography
Steven O’Hanlon Numerix	Sebastián Ceria Axioma	Yasuki Okai Nomura Research Institute	Niki Beattie Market Structure Partners	Mas Nakachi OpenGamma