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The 2016 Tech 50: Tyler Kim

The global head of fund services at MaplesFS jumps to No. 37 on this year’s Tech 50 ranking.

  • By Peter Vasiliev

37
Tyler Kim
Global Head of Fund Services
MaplesFS

A year ago Tyler Kim was wearing two hats at Montreal-based MaplesFS. He was chief information officer, having built and managed the fund and fiduciary services firm’s technology platform after arriving in 2009 from Toronto hedge fund firm Northwater Capital Management. As of April 2015 he was also co–global head of Maples Fund Services, underscoring the importance of information technology to the company’s core business. Today Kim is down to one title, global head of fund services, but he is no less of a technologist than he always was. “It became a bit redundant,” says the Stanford University BS in industrial engineering. Dropping the CIO title is “emblematic of our transformation into a technology company.” An affiliate of offshore law partnership Maples and Calder that has been in the fund administration business since 2005, MaplesFS has $59 billion in assets under administration. Rather than going toe-to-toe against the multitrillion-dollar elites in that business, MaplesFS creates bespoke niches in what Kim, 42, defines as “targeted offerings for institutional investors.” A case in point, riding on Kim’s flexible IT architecture, is a consolidated performance- and risk-reporting mandate from the Dallas Police and Fire Pension System. The $3 billion pension fund said in April that it had turned to MaplesFS as part of a plan that includes a realignment of investment strategy and improved governance. MaplesFS is breaking new ground in the San Francisco area, where it opened an office last year, by introducing administrative disciplines to marketplace lending. Originally known as peer-to-peer (P2P) lending, the high-flying sector is increasingly attracting institutional funding. Without independent recordkeeping at the individual loan level, which MaplesFS has developed algorithms to perform, institutional money would be scarce: MaplesFS has identified Evolution Capital Management of Santa Monica, California, as a marquee client, with four loan funds being administered. “This is a new way to apply the skills of Maples, an opportunity to get in on a rising tide in an area that is underserved,” Kim says. Next up for independent administration treatment: private equity funds, which, Kim points out, are largely self-administered in North America but less so in other parts of the world.

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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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