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The 2015 Tech 50: R. Martin Chavez
The Goldman Sachs CIO jumps to No. 7 on this year’s Tech 50 ranking.

When R. Martin Chavez was promoted from COO of equities to chief information officer of Goldman Sachs Group in September 2013, the role was expanded to include oversight of the company’s engineers — one third of the New York–based firm’s 34,000 employees, who work with 1.5 billion lines of software code — along with a seat on the management committee and an opportunity to think big about externalization of the firm’s technology. “We’re not delivering a portal or a terminal; we’re giving you apps,” the 51-year-old explains. The opening up of Goldman’s digital platforms started over the past year in the securities division, including equity and foreign exchange, and has moved into investment banking, corporate finance and other areas. “I’d be hard-pressed to think of any business in the company that isn’t engaged, at some level, in the process of externalizing our platforms to clients,” Chavez says. Meanwhile, he and his team are looking at the leading edge of artificial intelligence, specifically machine learning and pattern recognition systems. “Applying good pattern matching and statistics is going to have a big impact on all aspects of our business,” predicts Chavez, who has a bachelor’s in biochemistry and a master’s in computer science from Harvard University and a Ph.D. in medical information sciences from Stanford University. Chavez is on his second tour at Goldman, having served as a senior energy strategist in the 1990s. Before that he co-founded a San Francisco start-up, Quorum Software Systems, and later he was CEO of Kiodex, a New York risk management systems company that SunGard Data Systems acquired in 2004.
See the full story, “The 2015 Tech 50: Racers to the Edge.”
![]() 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 |