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The 2015 Tech 50: John Bates

The chief marketing officer of Sofware AG climbs to No. 32 on this year’s Tech 50 ranking.

John Bates
Chief Marketing Officer
Software AG

Capital markets firms and their regulators are aggressively deploying big-data analytics tools to detect or mitigate rogue trades and flash crashes before they hurtle out of control. John Bates was working on such solutions long before the industry came calling. While at the University of Cambridge in the 1990s, the computer scientist co-founded Apama, whose complex-event-processing technology can ingest and act upon massive quantities of data in small fractions of a second. Initially applied in algorithmic trading, Apama’s CEP was found to be just as useful for compliance, risk management and market surveillance, A case in point is an abuse-detection system released last year for foreign exchange benchmarks. “Risk compliance is becoming the No. 1 topic on CEOs’ agendas. People have realized these systems all need to work together,” says Bates, 45, who has ridden along with Apama through two acquisitions: in 2005 to Progress Software Corp. of Bedford, Massachusetts, and in 2013 to Darmstadt, Germany–based Software AG, where he is now chief marketing officer and industry solutions leader. As he strategizes about enterprise software and big data, Bates is pondering the Internet of Things, which is the subject of his recent, Software AG–published book, Thingalytics. He is enthusiastic about the potential for “digitizing the real world and incorporating it into the digital world.” But, he warns, the “superfast algorithms” underlying the Internet of Things — like those in capital markets — “cannot run unsupervised.”

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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