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The 2014 Tech 50: Joseph Squeri

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Joseph Squeri
Chief Information Officer
Citadel
(PNR)

Chicago-based hedge fund firm Citadel evolved into a technology powerhouse during Tom Miglis’s 13-year run as CIO. Miglis (No. 19 last year) retired in March and handpicked his successor, Joseph Squeri, who came on board last October. A 29-year Wall Street veteran, Squeri was most recently CIO of Barclays’ capital markets and asset management businesses. Citadel, which has $20.1 billion under management, offered “a tremendous opportunity to come to the buy side,” says Squeri, who earned a BS in computer science from City University of New York and an MBA from Pace University’s Lubin School of Business. “Marrying technology as a competitive advantage with finance” is how the 50-year-old describes his role. “It’s somewhat of a cliché, but in finance, technology is a key driver of the business.” Squeri oversees technology in the asset management, Citadel Securities and Citadel Technology business units. The last, a five-year-old provider of investment management systems to other firms, entered into a partnership last fall with Goldman Sachs Group spin-off REDI Global Technologies to create what was billed as an “unparalleled end-to-end solution” combining order, execution and position management. Citadel also offers technology to the sell side on a “white label” basis and continues a sales and operational relationship with Northern Trust Corp., which acquired Citadel’s hedge fund administration business in 2011.

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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