< The 2015 Trading Technology 40: Going with the Flow
36
Donal Byrne
Chief Executive Officer
Corvil
Last year: 39
Founded in 2000, Corvil grew up supporting financial markets’ adoption of ever-faster automated trading: Banks, brokerages and exchanges rely on Corvil’s performance-monitoring solutions to minimize latency on their networks. But taking note of the staggering growth of all sorts of data — and the demand for analytical capabilities — CEO Donal Byrne says latency management is but a leading indicator of what the Dublin-based company’s technology can accomplish. “Every financial business today is a data business,” says Byrne, who worked in Silicon Valley in the 1990s, joined Corvil as nonexecutive chairman in 2000 and became CEO in 2002. “The winners will succeed based on the speed at which they can access and operationalize their data, the security of their data and their ability to govern data.” With Byrne looking at growth opportunities in other data-intensive industries, such as advertising and energy, Corvil last July introduced the Streaming Analytics Platform, which collects information from across an enterprise and routes it in real time into systems designed to analyze it and produce useful insights. “Most monitoring systems today focus on what you know about rather than what you don’t know,” Byrne, 49, contends. “The one place you can go to find out what you don’t know is the data that’s being transmitted across the network. Rather than focusing on risk, the point is to focus on data.” Last year also saw Corvil expand its customer network to include the Colombian Securities Exchange, Nasdaq Stock Market and Tokyo Stock Exchange, which is using CorvilClear for real-time data exchange.
The 2015 Trading Technology 40
| 1 | 2 | 3 | 4 | 5 |
| Kevin Kometer CME Group | Richard Prager BlackRock | Raymond Tierney III Bloomberg Tradebook | Jonathan Ross KCG Holdings | Charles Vice Intercontinental Exchange |
| 6 | 7 | 8 | 9 | 10 |
| Chris Isaacson BATS Global Markets | Bradley Peterson Nasdaq OMX Group | Brad Levy MarkitSERV | Dan Keegan Citi | Ronald DePoalo Fidelity Institutional |
| 11 | 12 | 13 | 14 | 15 |
| Gerard Beatty Goldman Sachs Group | Gerald O’Connell CBOE Holdings | Brenda Hoffman TMX Group | Billy Hult Tradeweb Markets | Nicholas Themelis MarketAxess Holdings |
| 16 | 17 | 18 | 19 | 20 |
| Bina Kalola Bank of America Merrill Lynch | Gil Mandelzis EBS-BrokerTec (ICAP) | Steven Randich Financial Industry Regulatory Authority | Jerry Dobner GFI Group | Michael Liberman BlueMountain Capital Management |
| 21 | 22 | 23 | 24 | 25 |
| Bill Chow and Richard Leung Hong Kong Exchanges and Clearing | Jamie Selway Investment Technology Group | Brad Katsuyama IEX Group | John Mackay (Mack) Gill MillenniumIT | Jamil Nazarali Citadel Execution Services |
| 26 | 27 | 28 | 29 | 30 |
| Robert Cornish International Securities Exchange | Tyler Moeller andJoshua Walksy Broadway Technology | Rishi Nangalia REDI Holdings | Manoj Narang Tradeworx, Thesys Technologies | Oki Matsumoto Monex Group |
| 31 | 32 | 33 | 34 | 35 |
| Alasdair Haynes Aquis Exchange | Veronica Augustsson Cinnober Financial Technology | Stu Taylor Algomi | Luís Otávio Saliba Furtado BM&FBovespa | Tal Cohen Chi-X Global Holdings |
| 36 | 37 | 38 | 39 | 40 |
| Donal Byrne Corvil | R. Cromwell Coulson OTC Markets Group | Alfred Eskandar Portware | Richard Korhammer SR Labs | Hazem Dawani OptionsCity Software |
