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The 2017 Tech 40: Brian Conlon

< The 2017 Tech 4036. Brian ConlonChief Executive OfficerFirst Derivatives and
Kx SystemsLast year: 41

Wall Street has been ahead of much of the corporate world in seeing the enormity of big data and finding technology to analyze it. Major capital markets players like Goldman Sachs Group and Morgan Stanley have for years been users of First Derivatives' Kx Systems — high-performance databases for crunching huge sets of historical and streaming market data. First Derivatives was a longtime strategic partner of Kx before picking up a controlling interest in the Palo Alto, California-based business in 2014. Now the Newry, Northern Ireland-based company, founded in 1996 by chief executive officer Brian Conlon, is taking the technology beyond finance. Recent sales announcements cite analytical applications of Kx in satellite imagery with a unit of Airbus, and in health care with startup RxDataScience. "We have the engine to power people's ideas," says Conlon. The CEO has his sights on an "addressable target market" exceeding $60 billion in such data-rich and analytics-hungry areas as cybersecurity, the Internet of Things, robotics, machine learning, and artificial intelligence. In May, First Derivatives reported preliminary earnings that Conlon, 51, calls "another monumental year," with revenue in the 12 months through February rising 30 percent to £152 million ($197.5 million). Of that, £117 million was in fintech.

 The 2017 Tech 40Click below to view profiles
1. Adena FriedmanNASDAQ2. Catherine BessantBank of
America Corp.3. Robert GoldsteinBlackRock4. Jeffrey SprecherIntercontinental Exchange5. Lance UgglaIHS Markit
6. Shawn Edwards & Vlad KliatchkoBloomberg7. David CraigThomson Reuters8. Michael SpencerNEX Group9. Don CallahanCitigroup10. Elisha WieselGoldman Sachs Group
11. Michael BodsonDepository Trust & Clearing Corp.12. Terrence DuffyCME Group13. Charles LiHong Kong Exchanges and Clearing14. Sean BelkaFidelity Investments15. Chris ConcannonCBOE Holdings
16. Guy ChiarelloFirst Data Corp.17. Steven LieblichCitadel18. David RutterR3CEV19. Blythe MastersDigital Asset Holdings20. Alfred SpectorTwo Sigma Investments
21. Neil KatzD.E. Shaw Group22. Lee OleskyTradeweb Markets23. Richard McVeyMarketAxess Holdings24. David GledhillDBS Bank25. Seth MerrinLiquidnet Holdings
26. Antoine ShagouryState Street Corp.27. Peter Brown &
Robert Mercer
Renaissance Technologies28. Lou EcclestonTMX Group29. Peter CherecwichNorthern Trust Corp.30. Mike ChinnS&P Global Market Intelligence
31. Chris CorradoLondon Stock Exchange Group32. Neal PawarAQR Capital Management33. Gary NorcrossFidelity National Information Services34. Steven O'HanlonNumerix35. Sebastián CeriaAxioma
36. Brian ConlonFirst Derivatives and Kx Systems37. Tyler KimMaplesFS38. Michael CooperBT Radianz39. Robert SchifelliteBroadridge Financial Solutions40. Jim MinnickeVestment