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

In 2011, when Cristóbal Conde retired after nine years as president and CEO of SunGard Data Systems, the company not only was one of the leading technology vendors to the financial industry, but it had grown into the world’s biggest privately held business software and information technology services company, with $5.6 billion in revenue and 26,000 employees. That’s a pretty fair legacy, but Conde, then 51, wanted to leave his mark in other ways: as a senior adviser to private equity firm TPG Capital, a director of Massachusetts Mutual Life Insurance Co. and, what he says is “so much fun,” as a mentor to start-ups. This is the third year of Conde’s residency with the Partnership Fund for New York City’s FinTech Innovation Lab, a competition administered by consulting firm Accenture to identify promising entrepreneurs and hook them up with venture funding and prospective financial institution customers. Conde liked some of the contestants so much that he literally bought into them: He is executive chairman of True Office, which builds interactive training systems; chairman of fund transaction and settlement network Calastone; director of cybersecurity innovator Centripetal Networks; and director of surveillance and analytics developer Digital Reasoning. Conde, who sold his own company, Devon Systems, to SunGard in 1987, says financial firms “have focused on compliance and incremental systems changes” in recent years and therefore “need disruptive start-ups more than ever.”

 
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