< The 2016 Tech 50

25
Antoine Shagoury
Global Chief Information Officer
State Street Corp.
Last Year: 18

After five years as chief information officer of London Stock Exchange Group — the last three also as chief operating officer — Antoine Shagoury joined State Street Corp. last fall as executive vice president and global chief information officer. The 46-year-old succeeded Christopher Perretta (No. 17 last year), who had seen the Boston-based company through a five-year, cloud-oriented technology transformation and this April joined MUFG Americas Holdings Corp. as chief information and operations officer. Late last year State Street put a group of business analysts and technologists together in an emerging technologies center. Its mission is to identify and test technologies that could have a significant and potentially disruptive long-term impact on the firm, which as of March 31 had $27 trillion in assets under custody and administration and $2 trillion under management. “We find ourselves in the center of a perfect storm,” says Shagoury, who before his London stint was CIO of the American Stock Exchange and chief technology officer of Instinet. “Our digital transformation has brought a convergence of technological change and adoption opportunities to build into our future.” The xcenter, as it’s called, is exploring such frontiers as artificial intelligence, autonomic computing and blockchain. State Street has been experimenting with blockchain in internal software development and as a participant in the R3CEV consortium (see David Rutter, No. 18) and the Post-Trade Distributed Ledger Group. “While we’re continuously developing more efficient and secure ways of safeguarding data, as an industry we still rely heavily on human intervention for data processing, which requires time, cost and energy,” Shagoury says. “Ideally, blockchain would give us the ability to offer products to our clients faster and, more importantly, even more securely.”

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The 2016 Tech 50

1. Catherine Bessant Bank of America Corp. 2. Jeffrey Sprecher Intercontinental Exchange Gold and Bitcoin Decouple. What's Driving the Divergence's? Sponsored by CME Group April 24, 2025 3. Lance Uggla Markit 4. Phupinder Gill CME Group 5. Shawn Edwards and Vlad Kliatchko Bloomberg 6. R. Martin Chavez Goldman Sachs Group

7. Robert Goldstein BlackRock 8. Adena Friedman Nasdaq 9. Deborah Hopkins Citi Ventures 10. Daniel Coleman KCG Holdings 11. Stephen Neff Fidelity Investments 12. David Craig Thomson Reuters

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. Blythe Masters Digital Asset Holdings 18. David Rutter R3CEV

19. Neil Katz D.E. Shaw & Co. 20. Lee Olesky Tradeweb Markets 21. Richard McVey MarketAxess Holdings 22. Seth Merrin Liquidnet Holdings 23. Robert Alexander Capital One Financial Corp. 24. Brad Katsuyama IEX Group

25. Antoine Shagoury State Street Corp. 26. David Gledhill DBS Bank 27. Lou Eccleston TMX Group 28. Andreas Preuss Deutsche BÖrse 29. Dan Schulman PayPal Holdings 30. Scott Dillon Wells Fargo & Co.

31. Mike Chinn S&P Global Market Intelligence 32. Craig Donohue Options Clearing Corp. 33. Gary Norcross Fidelity National Information Services 34. Steven O'Hanlon Numerix 35. Sebastián Ceria Axioma 36. Michael Cooper BT Radianz

37. Tyler Kim MaplesFS 38. Neal Pawar AQR Capital Management 39. David Harding Winton Capital Management 40. Chris Corrado London Stock Exchange Group 41. Brian Conlon First Derivatives 42. Jim Minnick eVestment

43. Stephane Dubois Xignite 44. Mazy Dar OpenFin 45. Yasuki Okai NRI Holdings America 46. Kim Fournais Saxo Bank 47. Jock Percy Perseus 48. Robert Schifellite Broadridge Financial Solutions

49. Brian Sentance Xenomorph Software 50. Pieter van der Does Adyen