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The 2016 Tech 50: Mike Chinn

The S&P Global Market Intelligence president makes his debut at No. 31.

  • By Peter Vasiliev

31
Mike Chinn
President
S&P Global Market Intelligence
PNR

Effective April 27, McGraw Hill Financial became S&P Global, and business units of the $5.3 billion-in-revenue data company, which is particularly well known for its indexes and rating services, fell into line with the new branding. One group, S&P Global Market Intelligence, had a more involved storyline, however. Last September, New York–based McGraw Hill acquired privately held financial data and analytics firm SNL Financial for $2.2 billion. SNL was combined with S&P Capital IQ to create a $1.4 billion business led by SNL president and CEO Mike Chinn. Founded in Charlottesville, Virginia, in 1987, SNL brought “deep, unique, often proprietary, industry-specific data” in several sectors, including energy, financial, media and real estate, says Chinn, who oversaw 3,300 people at SNL and now has a global workforce exceeding 10,500. As part of S&P, SNL extends its reach — Chinn refers to “richer content and applications across geographies” and “unparalleled depth and breadth of offerings” — and cross-selling potential. He describes the product set as primarily off-trading-floor data and analytics for the likes of investment bankers, researchers, portfolio managers and a growing “off–Wall Street,” or nonfinancial corporate, clientele. Although delivery of this data does not have to keep pace with low-latency trading requirements, “demand for real-time data is increasing in certain customer segments,” says Chinn, 44, who went to work for SNL as a bank M&A analyst in 1994 after earning a bachelor’s degree in economics and history from the University of Virginia. He rose to president in 2000 and CEO in 2010; as president of S&P Global Market Intelligence, he remains based in Charlottesville. Chinn says his organization is making “significant investments in data science and machine learning. This is still a human-intensive business, and with content flowing in from thousands of sources around the clock, people can be a lot more productive with tools like intelligent filtering.” He adds, “It changes the nature of analysis when asking creative questions — not just analytical horsepower — can result in competitive advantage.” Also in the offing: desktop product upgrades, advanced credit and risk analytics, and improved user interfaces employing the HTML5 browser standard, which, because it works across multiple platforms and types of devices, “enhances the efficiency of the engineering effort.”

Visit The 2016 Tech 50: Making Financial Services Faster, Cheaper, Bigger for more.


The 2016 Tech 50
1. Catherine
Bessant
Bank of America Corp.
2. Jeffrey Sprecher
Intercontinental Exchange
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

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