This content is from: Research

The 2014 Tech 50: Niki Beattie

49
Niki Beattie
Chief Executive
Market Structure Partners
(PNR)

After an early 1990s stint working on trading technology for Bank of America Corp., Niki Beattie took a job as a contractor in Merrill Lynch & Co.’s finance department. But the boredom was too much for her, so she took eight months off to travel. Coaxed back to Merrill by the promise of a trading-floor position that came open in 1994, she would become one of Europe’s pioneering electronic traders — running Merrill’s first e-trading desk in London in 2001 — and experts on market structure. “I saw the transformation of our whole business,” recalls Beattie, who has a BSc in information systems and management from Birkbeck, University of London. “I could see our margins shrinking and knew we had to bring costs down.” She stayed with Merrill until 2008, rising to head of market structure for Europe, the Middle East and Africa, then founded Market Structure Partners, a London-based adviser to exchanges and other capital market participants. She had a hand in developing such infrastructure components as BOAT, a trade reporting system now owned by Cinnober Financial Technology, and London Stock Exchange Group’s Turquoise platform. Currently nonexecutive chairman of London upstart Aquis Exchange, Beattie observes that “banks are seeing a massive squeeze on their capital. It’s quite clear that exchanges will have to play a bigger role in capital formation.”

The 2014 Tech 50

1
1
3
4
5
Thomas Secunda
Bloomberg
Jeffrey Sprecher
Intercontinental Exchange
Catherine Bessant
Bank of America Corp.
Stephen Neff
Fidelity Investments
Lance Uggla
Markit
6
7
8
9
10
Robert Goldstein
BlackRock
David Craig
Thomson Reuters
Phupinder Gill
CME Group
Anna Ewing
NASDAQ
OMX Group
R. Martin Chavez
Goldman Sachs Group
11
12
13
14
15
Deborah Hopkins
Citi Ventures
Dan Mathisson
Credit Suisse
Daniel Coleman
KCG Holdings
Michael Spencer
ICAP
Michael Bodson
Depository Trust &
Clearing Corp.
16
17
18
19
20
Joe Ratterman
BATS Global Markets
Dominique Cerutti
Euronext
Ron Levi
GFI Group
Gaurav Suri
D.E. Shaw Group
Charles Li
Hong Kong
Exchanges and
Clearing
21
22
23
24
25
Lou Eccleston
S&P Capital IQ
Lee Olesky
Tradeweb Markets
Richard McVey
MarketAxess Holdings
Seth Merrin
Liquidnet Holdings
Antoine
Shagoury

London Stock
Exchange Group
26
27
28
29
30
Christopher
Perretta

State Street Corp.
Kevin Rhein
Wells Fargo & Co.
Peter Carr
Morgan Stanley
Hauke Stars
Deutsche Börse
Robert Alexander
Capital One
Financial Corp.
31
32
33
34
35
David Gershon
SuperDerivatives
Chris Corrado
MSCI
Joseph Squeri
Citadel
Tanuja Randery
BT Global Services
John Bates
Software AG
36
37
38
39
40
Gary Scholten
Principal Financial Group
David Gledhill
DBS Bank
Simon Garland
Kx Systems
Cristóbal Conde
FinTech Innovation Lab
Jeff Parker
EidoSearch
41
42
43
44
45
Kim Fournais &
Lars Seier Christensen

Saxo Bank
Kenneth Marlin
Marlin & Associates
Tyler Kim
MaplesFS
Jim McGuire
Charles Schwab Corp.
Jim Minnick
eVestment
46
47
48
49
50
Steven O’Hanlon
Numerix
Sebastián Ceria
Axioma
Yasuki Okai
Nomura Research Institute
Niki Beattie
Market Structure Partners
Mas Nakachi
OpenGamma

Related Content