When Goldman Sachs Group’s CIO baton passed last September from the retiring Steven Scopellite (No. 6 in 2013) to R. Martin Chavez, the job got bigger. In addition to 8,000 technology division engineers, Chavez took on 2,000 others inside such revenue-producing divisions as securities, investment banking and asset management. The result, says the 50-year-old, is “a single leadership and accountability point,” with the division heads sharing tech oversight. With a BS in biochemistry and a master’s in computer science from Harvard University and a Ph.D. in medical information sciences from Stanford University, Chavez has bounced between Wall Street and the start-up world. He co-founded Quorum Software Systems in San Francisco, serving as CTO from 1989 to ’93, then worked as a senior energy strategist at Goldman for four years and as global head of energy derivatives at Credit Suisse Financial Products for three. Next he was CEO of Kiodex, a New York risk management systems firm that SunGard Data Systems bought in 2004. He returned to Goldman in 2005 and was co-COO of equities before becoming CIO. Thanks to the concurrent trends of open-source development and cloud computing, Chavez says, “we can do something we couldn’t do before — extend our platform out to clients.” When weighing software options, “we now have a preference for download, build, buy,” in that order. Much of the software required for the new regulatory environment does not exist, he says, and will have to be built.
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 |