< The 2015 Tech 50: Racers to the Edge
29
Claude Honegger
Co–Chief Information Officer
Credit Suisse
PNR
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 2. Catherine Bessant 3. Phupinder Gill 4. Lance Uggla 5. Robert Goldstein |
6. Shawn Edwards & 7. R. Martin Chavez 8. Deborah Hopkins 9. Stephen Neff 10. Adena Friedman |
11. David Craig 12. Daniel Coleman 13. Michael Spencer 14. Michael Bodson 15. Charles Li |
16. Chris Concannon 17. Christopher Perretta 18. Antoine Shagoury 19. Kevin Rhein 20. Neil Katz |
21. Lee Olesky 22. Richard McVey 23. Seth Merrin 24. Robert Alexander 25. Frank Bisignano |
26. John Marcante 27. Joseph Squeri 28. Lou Eccleston 29. Claude Honegger 30. Chris Corrado |
31. David Gledhill 32. John Bates 33. Michael Cooper 34. Gary Scholten 35. Sunil Hirani |
36. Hauke Stars 37. Brian Conlon 38. Jim Minnick 39. Lars Seier Christensen & Kim Fournais 40. Tyler Kim |
41. Jim McGuire 42. Steven O’Hanlon 43. Sebastián Ceria 44. Yasuki Okai 45. Stephane Dubois |
46. Mazy Dar 47. Brian Sentance 48. Mas Nakachi 49. John Lehner 50. Jock Percy |
|