< The 2015 Tech 50: Racers to the Edge

When R. Martin Chavez was promoted from COO of equities to chief information officer of Goldman Sachs Group in September 2013, the role was expanded to include oversight of the company’s engineers — one third of the New York–based firm’s 34,000 employees, who work with 1.5 billion lines of software code — along with a seat on the management committee and an opportunity to think big about externalization of the firm’s technology. “We’re not delivering a portal or a terminal; we’re giving you apps,” the 51-year-old explains. The opening up of Goldman’s digital platforms started over the past year in the securities division, including equity and foreign exchange, and has moved into investment banking, corporate finance and other areas. “I’d be hard-pressed to think of any business in the company that isn’t engaged, at some level, in the process of externalizing our platforms to clients,” Chavez says. Meanwhile, he and his team are looking at the leading edge of artificial intelligence, specifically machine learning and pattern recognition systems. “Applying good pattern matching and statistics is going to have a big impact on all aspects of our business,” predicts Chavez, who has a bachelor’s in biochemistry and a master’s in computer science from Harvard University and a Ph.D. in medical information sciences from Stanford University. Chavez is on his second tour at Goldman, having served as a senior energy strategist in the 1990s. Before that he co-founded a San Francisco start-up, Quorum Software Systems, and later he was CEO of Kiodex, a New York risk management systems company that SunGard Data Systems acquired in 2004.

See the full story, “The 2015 Tech 50: Racers to the Edge.”

 
The 2015 Tech 50

1. Jeffrey Sprecher Intercontinental Exchange 2. Catherine Bessant Bank of America Corp. Maximizing Impact: The Role of TAMP Selection in Effective Investment Distribution Sponsored by BlackRock April 14, 2025 3. Phupinder Gill CME Group 4. Lance Uggla Markit 5. Robert Goldstein BlackRock

6. Shawn Edwards & Vlad Kliatchko Bloomberg 7. R. Martin Chavez Goldman Sachs Group 8. Deborah Hopkins Citi Ventures 9. Stephen Neff Fidelity Investments 10. Adena Friedman Nasdaq OMX Group

11. David Craig Thomson Reuters 12. Daniel Coleman KCG Holdings 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. Christopher Perretta State Street Corp. 18. Antoine Shagoury London Stock Exchange Group 19. Kevin Rhein Wells Fargo & Co. 20. Neil Katz D.E. Shaw & Co.

21. Lee Olesky Tradeweb Markets 22. Richard McVey MarketAxess Holdings 23. Seth Merrin Liquidnet Holdings 24. Robert Alexander Capital One Financial Corp. 25. Frank Bisignano First Data Corp.

26. John Marcante Vanguard Group 27. Joseph Squeri Citadel 28. Lou Eccleston TMX Group 29. Claude Honegger Credit Suisse 30. Chris Corrado MSCI

31. David Gledhill DBS Bank 32. John Bates Software AG 33. Michael Cooper BT Radianz 34. Gary Scholten Principal Financial Group 35. Sunil Hirani trueEX Group

36. Hauke Stars Deutsche BÖrse 37. Brian Conlon First Derivatives 38. Jim Minnick eVestment 39. Lars Seier Christensen & Kim Fournais 40. Tyler Kim MaplesFS

41. Jim McGuire Charles Schwab Corp. 42. Steven O'Hanlon Numerix 43. Sebastián Ceria Axioma 44. Yasuki Okai NRI Holdings America 45. Stephane Dubois Xignite

46. Mazy Dar OpenFin 47. Brian Sentance Xenomorph Software 48. Mas Nakachi OpenGamma 49. John Lehner BNY Mellon Technology Solutions Group 50. Jock Percy Perseus