< The 2015 Tech 50: Racers to the Edge

The emergence of technologically disruptive start-ups in wealth management spurred Credit Suisse to respond in kind with an application of its own for high-net-worth customers. Leading the charge is co-CIO Claude Honegger, 48, who oversees information technology for the Zurich-based institution’s private banking, wealth management and shared services divisions. The Credit Suisse Private Banking app, launched in Singapore and Switzerland in March, provides tools for trading securities and foreign exchange, scanning news and research, monitoring investment performance and communicating with bankers. “Digitalization,” says Honegger, “is a supercatalyst to review the way you are doing business,” and it has led Credit Suisse to take a fresh look at its business models, processes and interactions with clients. “It triggers all the right discussions that you need to have in the background.” Since joining Credit Suisse in 1987, Honegger worked his way up through a number of IT positions to co-CIO in early 2013. He believes that private banking, in comparison with investment banking (whose co-CIO Nigel Faulkner recently resigned) and other areas, “will see the biggest disruption.” Major challenges in developing the new private banking platform involved deciding which features to include and whether to build the functionality internally or buy it from outside. Honegger foresees more partnerships with new tech players — Credit Suisse has joined with other major banks in supporting New York’s FinTech Innovation Lab incubation program — to keep abreast of breakthroughs and adapt as necessary to serve an increasingly tech-savvy clientele.

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The 2015 Tech 50

1. Jeffrey Sprecher Intercontinental Exchange 2. Catherine Bessant Bank of America Corp. Advisors and Their Clients Call for New Asset Classes in Model Portfolios Sponsored by BlackRock May 6, 2025 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