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

Large organizations can struggle in high-tech environments that prize innovation and speed of execution. Conversely, smaller, agile entrants lack geographical reach and leverage. Tanuja Randery brings experience on both sides of the divide — and financial services expertise — to London-based BT Global Services, a £7 billion ($11.8 billion)–in-revenue unit of £18.3 billion telecommunications giant BT Group. Before becoming president for strategy and marketing in November, reporting to BTGS chief executive Luis Alvarez, Randery spent nine years with European data and communications service company Colt Group, the last two as CEO of MarketPrizm, which Colt acquired from Nomura Holdings and its Instinet agency brokerage in 2011. Under Randery, a former McKinsey & Co. consultant who engineered that deal, MarketPrizm grew from 20 to 60 people — pint-size next to BTGS’s 17,000 — and became a global leader in trading and data infrastructure services and low-latency connectivity. “You don’t need a lot of overhead to run a successful fintech business,” says Randery, 47, though the affiliation with Colt, a Fidelity Investments private equity holding, established credibility with a client base that includes major banks and exchanges. BTGS offered “a chance to scale up” and stay close to the “global banking vertical,” one of Randery’s current areas of focus, “at a time of significant acceleration in the pace of change.” Among BT’s brands are Netrix, whose trading-floor turrets are used by 68,000 traders at 800 firms worldwide, and Radianz Cloud, the latest iteration of a multipurpose network, acquired from Reuters Group in 2005, that reaches 11,000 financial industry end points.

 
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