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The 2014 Tech 50: Jeff Parker

40
Jeff Parker
Chairman
EidoSearch
(PNR)

Certain milestones spell success for a start-up, and EidoSearch has had a few. In the summer of 2012, it won recognition from New York’s FinTech Innovation Lab (see Cristóbal Conde, No. 39), opening doors to prominent financial institutions and venture capitalists. A year later, while selling its high-powered “search and discovery” technology to “some of the largest financial firms in the world,” as its website proclaims, Toronto-based EidoSearch completed a $2 million funding round led by Resolute Ventures. But the imprimatur of Jeff Parker, appointed chairman last November, really put the company on the map. The 71-year-old’s résumé is a walk through fintech innovation history: In 1986 he sold two enterprises he had founded, Technical Data Corp. and First Call Corp., to Thomson Corp. and became CEO of the Thomson Reuters predecessor’s financial services subsidiary. Back to entrepreneurship in 1997, he launched Corporate Communications Broadcast Network, which Thomson bought in 2004. EidoSearch, founded in 2008 by University of Chicago MBA classmates David Kedmey and Steven Zhang, represents “the culmination of everything I’ve been interested in: organization of information, efficiency gains through presentation of data and forecasting capability,” says Parker, who is also chairman of communications services company Mainstream Data. For time-series investment and risk analysis, “it’s all about harnessing the past to predict the future. History always repeats itself in the markets — it’s just a question of getting the client to notice that.”

The 2014 Tech 50
Click name to view ranking profile.
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

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