The 2015 Tech 50: R. Martin Chavez

The Goldman Sachs CIO jumps to No. 7 on this year’s Tech 50 ranking.

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< The 2015 Tech 50: Racers to the Edge

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7
R. Martin Chavez
Chief Information Officer
Goldman Sachs Group
Last year: 10

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

Sponsored

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1. Jeffrey Sprecher
Intercontinental Exchange

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2. Catherine Bessant
Bank of America Corp.

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3. Phupinder Gill
CME Group

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4. Lance Uggla
Markit

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5. Robert Goldstein
BlackRock

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6. Shawn Edwards &
Vlad Kliatchko
Bloomberg

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7. R. Martin Chavez
Goldman Sachs Group

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8. Deborah Hopkins
Citi Ventures

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9. Stephen Neff
Fidelity Investments

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10. Adena Friedman
Nasdaq OMX Group

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11. David Craig
Thomson Reuters

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12. Daniel Coleman
KCG Holdings

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13. Michael Spencer
ICAP

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14. Michael Bodson
Depository Trust & Clearing Corp.

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15. Charles Li
Hong Kong Exchanges and Clearing

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16. Chris Concannon
BATS Global Markets

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17. Christopher Perretta
State Street Corp.

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18. Antoine Shagoury
London Stock Exchange Group

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19. Kevin Rhein
Wells Fargo & Co.

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20. Neil Katz
D.E. Shaw & Co.

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21. Lee Olesky
Tradeweb Markets

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22. Richard McVey
MarketAxess Holdings

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23. Seth Merrin
Liquidnet Holdings

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24. Robert Alexander
Capital One Financial Corp.

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25. Frank Bisignano
First Data Corp.

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26. John Marcante
Vanguard Group

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27. Joseph Squeri
Citadel

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28. Lou Eccleston
TMX Group

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29. Claude Honegger
Credit Suisse

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30. Chris Corrado
MSCI

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31. David Gledhill
DBS Bank

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32. John Bates
Software AG

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33. Michael Cooper
BT Radianz

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34. Gary Scholten
Principal Financial Group

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35. Sunil Hirani
trueEX Group

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36. Hauke Stars
Deutsche BÖrse

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37. Brian Conlon
First Derivatives

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38. Jim Minnick
eVestment

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39. Lars Seier Christensen & Kim Fournais

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40. Tyler Kim
MaplesFS

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41. Jim McGuire
Charles Schwab Corp.

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42. Steven O’Hanlon
Numerix

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43. Sebastián Ceria
Axioma

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44. Yasuki Okai
NRI Holdings America

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45. Stephane Dubois
Xignite

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46. Mazy Dar
OpenFin

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47. Brian Sentance
Xenomorph Software

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48. Mas Nakachi
OpenGamma

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49. John Lehner
BNY Mellon Technology Solutions Group

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50. Jock Percy
Perseus


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