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The 2015 Tech 50: Stephane Dubois

The Xignite CEO debuts on this year’s Tech 50 ranking at No. 45.

45
Stephane Dubois
Chief Executive Officer
Xignite
PNR

Where the Silicon Valley start-up mentality clashes with the traditions and inertia of financial industry incumbents, “we have been the arms dealer in the process,” says Stephane Dubois. The 51-year-old straddles those worlds as CEO of Xignite, a company he founded in 2000 with headquarters in San Mateo, California; an active branch on Wall Street; and a simply worded mission statement: “To power and inspire the future of finance.” A global customer base of 1,000 that includes new-wavers like Betterment, Robinhood and Wealthfront, as well as BMO Financial Group and Nasdaq OMX Group, suggests that Xignite occupies a rare, cross-generational sweet spot. Originally a software start-up — Dubois was previously vice president of product management at investment-systems leader Advent Software — Xignite pivoted several years later into cloud computing, with application programming interfaces for integrating market data into websites and mobile apps. Xignite targets companies that are designing systems from scratch and want to pipe in financial data and get products to market quickly. The utility nature of the cloud spreads costs and relieves users from having to own and maintain hardware. “Market data is perfect for the cloud. It’s a lot of data, it’s not confidential, and you can store the data once and let everybody just pick at it,” says Dubois. “It’s a lot more efficient and has the ability to save the industry billions of dollars in the long term.” Later this year Xignite plans to make large data sets easier to handle with a streaming service that will deliver quotes directly from exchanges in real time. “Those feeds are very hard to consume, ” Dubois explains. “It’s like drinking from a fire hydrant.”

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
Markit
5. Robert Goldstein
BlackRock
6. Shawn Edwards &
Vlad Kliatchko
Bloomberg
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
ICAP
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
Citadel
28. Lou Eccleston
TMX Group
29. Claude Honegger
Credit Suisse
30. Chris Corrado
MSCI
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
eVestment
39. Lars Seier Christensen & Kim Fournais
40. Tyler Kim
MaplesFS
41. Jim McGuire
Charles Schwab Corp.
42. Steven O'Hanlon
Numerix
43. Sebastián Ceria
Axioma
44. Yasuki Okai
NRI Holdings America
45. Stephane Dubois
Xignite
46. Mazy Dar
OpenFin
47. Brian Sentance
Xenomorph Software
48. Mas Nakachi
OpenGamma
49. John Lehner
BNY Mellon Technology Solutions Group
50. Jock Percy
Perseus

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