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The 2017 Tech 40: Neal Pawar

32. Neal Pawar
Chief Technology Officer
AQR Capital Management
Last year: 38

Open sourcing, or freely allowing computer code to be tested and enhanced by developers, is embraced almost everywhere these days. It's a value that Neal Pawar has instilled in AQR Capital Management in his three years as chief technology officer. Pawar doesn't take all the credit, though. He says the Greenwich, Connecticut-based firm was open sourcing, in a sense, from its start in 1998. For example, its website has a "Cliff's Perspective" section for regular postings by managing and founding principal Clifford Asness, and a library page that says, "Our mindset is to share our discoveries and insights to advance the collective wisdom of the world's investment community." Pawar, 45, leads a team of more than 200 technologists on the mission of identifying and deploying the systems, technologies, and tools best suited to AQR's highly quantitative needs. That means keeping pace with its growing business: AQR's $187.6 billion in both traditional and alternative assets under management as of March 31 was an increase of 22 percent year-over-year, while its employee count of 793 was a 23 percent increase. The firm has also added new capabilities in such areas as cloud computing and advanced analytics through data visualization.

The 2017 Tech 40
1. Adena Friedman
2. Catherine Bessant
Bank of
America Corp.
3. Robert Goldstein
4. Jeffrey Sprecher
Intercontinental Exchange
5. Lance Uggla
IHS Markit
6. Shawn Edwards & Vlad Kliatchko
7. David Craig
Thomson Reuters
8. Michael Spencer
NEX Group
9. Don Callahan
10. Elisha Wiesel
Goldman Sachs Group
11. Michael Bodson
Depository Trust & Clearing Corp.
12. Terrence Duffy
CME Group
13. Charles Li
Hong Kong Exchanges and Clearing
14. Sean Belka
Fidelity Investments
15. Chris Concannon
CBOE Holdings
16. Guy Chiarello
First Data Corp.
17. Steven Lieblich
18. David Rutter
19. Blythe Masters
Digital Asset Holdings
20. Alfred Spector
Two Sigma Investments
21. Neil Katz
D.E. Shaw Group
22. Lee Olesky
Tradeweb Markets
23. Richard McVey
MarketAxess Holdings
24. David Gledhill
DBS Bank
25. Seth Merrin
Liquidnet Holdings
26. Antoine Shagoury
State Street Corp.
27. Peter Brown &
Robert Mercer
Renaissance Technologies
28. Lou Eccleston
TMX Group
29. Peter Cherecwich
Northern Trust Corp.
30. Mike Chinn
S&P Global Market Intelligence
31. Chris Corrado
London Stock Exchange Group
32. Neal Pawar
AQR Capital Management
33. Gary Norcross
Fidelity National Information Services
34. Steven O'Hanlon
35. Sebasti√°n Ceria
36. Brian Conlon
First Derivatives and Kx Systems
37. Tyler Kim
38. Michael Cooper
BT Radianz
39. Robert Schifellite
Broadridge Financial Solutions
40. Jim Minnick

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