The 2015 Tech 50: Stephen Neff

The Fidelity Investments Enterprise CTO claims No. 9 on this year’s Tech 50 ranking.

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< The 2015 Tech 50: Racers to the Edge

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9
Stephen Neff
Enterprise Chief Technology Officer
Fidelity Investments
Last year: 4

Fidelity Investments pioneered earlier generations of financial technology — it was one of the first to go online and to offer mobile services — and never stopped pushing the envelope. The Boston-based firm, which has $2 trillion of assets under management, has been continuously upgrading its mobile app and is moving on to wearables, having recently begun to deliver real-time quotes and other notifications to the Apple Watch, another first. It all results from the money management giant’s focus and insistence on “moving things quickly from concept to something very specific and tangible,” says enterprise CTO Stephen Neff. The 63-year-old, a former Salomon Brothers and IBM Corp. technologist who has been with Fidelity since 1996 and in his current role since 2013, has even more futuristic developments on his radar. These include blockchain technology and its potential impact on transparency and on reducing settlement times and costs for digital assets; and Oculus Rift, the virtual reality headset developed by Oculus VR, which Facebook acquired last year for $2 billion in cash and stock. The power of start-ups like Oculus and the way they change personal computing have direct bearing on the financial services industry, says Neff. They “enable new customer behavior models and ways for consumers to more actively interact with and manage their financial resources.” He sees the advent of robo-advising in a similar light: “Fidelity has always believed that we can take advantage of these types of innovation to give more people access to the knowledge and financial know-how that have traditionally been difficult for many consumers to obtain.”

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


The 2015 Tech 50

Sponsored

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1. Jeffrey Sprecher
Intercontinental Exchange

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2. Catherine Bessant
Bank of America Corp.

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3. Phupinder Gill
CME Group

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4. Lance Uggla
Markit

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5. Robert Goldstein
BlackRock

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6. Shawn Edwards &
Vlad Kliatchko
Bloomberg

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7. R. Martin Chavez
Goldman Sachs Group

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8. Deborah Hopkins
Citi Ventures

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9. Stephen Neff
Fidelity Investments

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10. Adena Friedman
Nasdaq OMX Group

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11. David Craig
Thomson Reuters

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12. Daniel Coleman
KCG Holdings

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13. Michael Spencer
ICAP

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14. Michael Bodson
Depository Trust & Clearing Corp.

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15. Charles Li
Hong Kong Exchanges and Clearing

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16. Chris Concannon
BATS Global Markets

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17. Christopher Perretta
State Street Corp.

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18. Antoine Shagoury
London Stock Exchange Group

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19. Kevin Rhein
Wells Fargo & Co.

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20. Neil Katz
D.E. Shaw & Co.

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21. Lee Olesky
Tradeweb Markets

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22. Richard McVey
MarketAxess Holdings

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23. Seth Merrin
Liquidnet Holdings

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24. Robert Alexander
Capital One Financial Corp.

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25. Frank Bisignano
First Data Corp.

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26. John Marcante
Vanguard Group

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27. Joseph Squeri
Citadel

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28. Lou Eccleston
TMX Group

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29. Claude Honegger
Credit Suisse

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30. Chris Corrado
MSCI

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31. David Gledhill
DBS Bank

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32. John Bates
Software AG

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33. Michael Cooper
BT Radianz

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34. Gary Scholten
Principal Financial Group

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35. Sunil Hirani
trueEX Group

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36. Hauke Stars
Deutsche BÖrse

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37. Brian Conlon
First Derivatives

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38. Jim Minnick
eVestment

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39. Lars Seier Christensen & Kim Fournais

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40. Tyler Kim
MaplesFS

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41. Jim McGuire
Charles Schwab Corp.

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42. Steven O’Hanlon
Numerix

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43. Sebastián Ceria
Axioma

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44. Yasuki Okai
NRI Holdings America

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45. Stephane Dubois
Xignite

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46. Mazy Dar
OpenFin

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47. Brian Sentance
Xenomorph Software

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48. Mas Nakachi
OpenGamma

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49. John Lehner
BNY Mellon Technology Solutions Group

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50. Jock Percy
Perseus


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