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The 2017 Trading Tech 40: Ronald DePoalo

  • By Peter Vasiliev

11. Ronald DePoalo
Chief Information Officer
Fidelity Institutional
Last year: 8

A $2.1 trillion asset manager with more than 25 million individual customers, Fidelity Investments also has an institutional arm that includes clearing and custody businesses with more than $1.9 trillion in assets under administration, and brokerage and trading services for a wide range of intermediary firms. The entire, global enterprise has benefited from "a long-term commitment to investing in technology and innovation — and we've kept that commitment throughout the recent market cycles," says Ronald DePoalo, chief information officer of Fidelity Institutional. "We are focused on providing the best trading experience for both our retail customers and our institutional clients, and that's been resonating with the adoption we're seeing and the client feedback we're getting," the 52-year-old adds, noting that Fidelity is ranked by Barron's magazine as the best online brokerage — and is No. 1 in price improvement on trades and overall execution quality.

He reports increased adoption of Fidelity Institutional's PB Optimize, recently enhanced with Broker Wallet, which estimates a hedge fund's return on assets with each of its providers. Supporting a "consultative approach" to clients' best execution are EX-RAY for transaction cost analysis in equities; HELM, a suite of trade execution tools and analytics; and posttrade analytics for fixed income.


The 2017 Trading Tech 40
1. Richard Prager
BlackRock
2. Chris Isaacson
Bats Global Markets
3. Bradley Peterson
Nasdaq
4. Brad Levy
MarkitSERV
5. Dan Keegan
Citi
6. Glenn Lesko
Bloomberg Tradebook
7. Bryan Durkin
CME Group
8. Mayur Kapani
Intercontinental Exchange
9. Mike Blum
KCG Holdings
10. Raj Mahajan
Goldman Sachs Group
11. Ronald DePoalo
Fidelity Institutional
12. Nick Themelis
MarketAxess Holdings
13. Jenny Knott
NEX Optimisation
14. Billy Hult
Tradeweb Markets
15. Rob Park
IEX Group
16. Bill Chow & Richard Leung
Hong Kong Exchanges and Clearing
17. John Mackay (Mack) Gill
MillenniumIT
18. Paul Hamill
Citadel Securities
19. Eric Noll
Convergex
20. Veronica Augustsson
Cinnober Financial Technology
21. Tyler Moeller & Joshua Walsky
Broadway Technology
22. Alasdair Haynes
Aquis Exchange
23. Gaurav Suri
Arcesium
24. Manoj Narang
Mana Partners
25. Michael Chin & Neill Penney
Thomson Reuters
26. Robert Sloan
S3 Partners
27. Anton Katz & Stephen Mock
AQR Capital Management
28. Donal Byrne
Corvil
29. Stu Taylor
Algomi
30. Alfred Eskandar
Portware
31. Steven Randich
Financial Industry Regulatory Authority
32. R. Cromwell Coulson
OTC Markets Group
33. Peter Maragos
Dash Financial
34. John Fawcett
Quantopian
35. Donald
Ross III
PDQ Enterprises
36. Jennifer Nayar
Vela Trading Technologies
37. Dan Raju
Tradier
38. Susan Estes
OpenDoor Trading
39. David Mercer
LMAX Exchange
40. Oki Matsumoto
Monex Group

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