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The 2015 Tech 50: Claude Honegger

The Credit Suisse co-chief information officer debuts at No. 29 on this year’s Tech 50 ranking.

Claude Honegger
Co–Chief Information Officer
Credit Suisse

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.

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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