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The 2015 Tech 50: Antoine Shagoury

The London Stock Exchange Group COO climbs to No. 18 on this year’s Tech 50 ranking.

Antoine Shagoury
Chief Operating Officer
London Stock Exchange Group

Acquisitions are by definition heavy lifting for technology executives responsible for postmerger integrations. A string of such projects has kept Antoine Shagoury hopping since he joined London Stock Exchange Group as chief information officer in 2010 — none more strategically transformational than the May 2013 purchase of clearinghouse operator LCH.Clearnet. “This is that nirvana piece for us,” says the 45-year-old, who added to his CIO title that of chief operating officer in May 2012. “We’re closing the loop on providing a single source of clearing solutions, not only for the LCH businesses but also so we can expand that further, internally and externally, as a third-party service provider.” Now with a portfolio that includes world-class posttrade capabilities alongside core exchange operations — the latter platforms were unified on Shagoury’s watch using technology from Sri Lanka–based MillenniumIT, which LSE has owned since 2009 — the COO-CIO looks to share technologies as much as possible across businesses to reduce costs and time spent on product development. Following an “anything as a service” philosophy, LSE has licensed technologies to bourses in Hong Kong, Singapore, Peru and elsewhere. On the R&D front Shagoury, a former American Stock Exchange CIO, is exploring natural language processing, machine learning, cognitive computing and adaptive heuristics. “Natural language processing gives us the engine to interpret market scenarios,” he says. “And with a transition into machine learning, we can be predictive and proactive about how we react to traditional investment scenarios as well as extreme anomalies” that might foreshadow market crashes.

See the full story, “The 2015 Tech 50: Racers to the Edge.”

The 2015 Tech 50

1. Jeffrey Sprecher
Intercontinental Exchange
2. Catherine Bessant
Bank of America Corp.
3. Phupinder Gill
CME Group
4. Lance Uggla
5. Robert Goldstein
6. Shawn Edwards &
Vlad Kliatchko
7. R. Martin Chavez
Goldman Sachs Group
8. Deborah Hopkins
Citi Ventures
9. Stephen Neff
Fidelity Investments
10. Adena Friedman
Nasdaq OMX Group
11. David Craig
Thomson Reuters
12. Daniel Coleman
KCG Holdings
13. Michael Spencer
14. Michael Bodson
Depository Trust & Clearing Corp.
15. Charles Li
Hong Kong Exchanges and Clearing
16. Chris Concannon
BATS Global Markets
17. Christopher Perretta
State Street Corp.
18. Antoine Shagoury
London Stock Exchange Group
19. Kevin Rhein
Wells Fargo & Co.
20. Neil Katz
D.E. Shaw & Co.
21. Lee Olesky
Tradeweb Markets
22. Richard McVey
MarketAxess Holdings
23. Seth Merrin
Liquidnet Holdings
24. Robert Alexander
Capital One Financial Corp.
25. Frank Bisignano
First Data Corp.
26. John Marcante
Vanguard Group
27. Joseph Squeri
28. Lou Eccleston
TMX Group
29. Claude Honegger
Credit Suisse
30. Chris Corrado
31. David Gledhill
DBS Bank
32. John Bates
Software AG
33. Michael Cooper
BT Radianz
34. Gary Scholten
Principal Financial Group
35. Sunil Hirani
trueEX Group
36. Hauke Stars
Deutsche BÖrse
37. Brian Conlon
First Derivatives
38. Jim Minnick
39. Lars Seier Christensen & Kim Fournais
40. Tyler Kim
41. Jim McGuire
Charles Schwab Corp.
42. Steven O'Hanlon
43. Sebastián Ceria
44. Yasuki Okai
NRI Holdings America
45. Stephane Dubois
46. Mazy Dar
47. Brian Sentance
Xenomorph Software
48. Mas Nakachi
49. John Lehner
BNY Mellon Technology Solutions Group
50. Jock Percy

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