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The 2014 Tech 50: David Gledhill

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David Gledhill
Head of Group Technology and Operations
DBS Bank

DBS used to be spelled out as Development Bank of Singapore. Digital Bank of Singapore might be more apt these days. “In the past 12 months, we have been focusing on innovating to shape the future of banking,” says David Gledhill, head of group technology and operations. “We need to truly understand what our customers need and want.” For starters, DBS formed a digital banking organization and earmarked 200 million Singapore dollars ($160 million) over three years to “better integrate banking into our customers’ lifestyle.” This high-tech thrust, designed to “up the ante on innovation,” is “aligned across the businesses as well as support units of the bank,” explains Gledhill, 52, who joined S$402 billion-in-assets DBS in 2008 after heading Asian investment banking operations for JPMorgan Chase & Co. In April, DBS hired MasterCard Labs vice president Neal Cross as chief innovation officer to accelerate what Gledhill terms “mapping digital engagement.” Related moves this year include working with IBM Corp.’s Watson technology to develop big-data analytics, and formation of a joint R&D lab with the A*STAR Institute for Infocomm Research. “We are seeing competition from the likes of Alibaba, Baidu, Google, PayPal and telcos,” Gledhill says. “The rules of the game are changing.”

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

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