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The 2017 Trading Tech 40: Jennifer Nayar

< Wall Street's Nerds: The World's Most Powerful Trading Executives36. Jennifer NayarChief Executive OfficerVela Trading TechnologiesLast year: 38

SR Labs, a Wall Street systems and consulting house founded in 2007, raised its profile with the July 2014 acquisition of Wombat Financial Software from Intercontinental Exchange's NYSE Technologies. Jennifer Nayar, a trading technology veteran who had most recently served as chief of staff at Goldman Sachs Group spin-off (and now Thomson Reuters subsidiary) REDI Holdings, became CEO of SR Labs in June 2015. A year later the high-performance trading and market data systems company was renamed Vela Trading Technologies, symbolic of its mission "to simplify how firms interact with the markets and increase efficiency" and "combining the best of our two historic companies' cultures," Nayar said at the time.

A November announcement of new data feed handlers indicated the geographic and asset class breadth of Vela's activities, ranging from the Australian Securities Exchange (derivatives), to the National Stock Exchange of India and the pan-European Aquis Exchange (equities), to Bats Global Markets' foreign exchange and options platforms. Also in November, Nayar brought on Brian Cassin, formerly of S&P Global and Thomson Financial, and Ollie Cadman from ICE's Interactive Data Corp. as joint heads of product and strategy. They will be "instrumental in helping Vela continue to create, build, and deliver new and innovative trading and market data software products to the global marketplace," Nayar, 49, says. In terms of innovation and experimentation, she says the firm is exploring potential enhancements to its consolidated data feed, along with cloud services and opportunities in "adjacent markets" such as energy.


 The 2017 Trading Tech 40Click below to view profiles
1. Richard PragerBlackRock2. Chris IsaacsonBats Global Markets3. Bradley PetersonNasdaq4. Brad LevyMarkitSERV5. Dan KeeganCiti
6. Glenn LeskoBloomberg Tradebook7. Bryan DurkinCME Group8. Mayur KapaniIntercontinental Exchange9. Mike BlumKCG Holdings10. Raj MahajanGoldman Sachs Group
11. Ronald DePoaloFidelity Institutional12. Nick ThemelisMarketAxess Holdings13. Jenny KnottNEX Optimisation14. Billy HultTradeweb Markets15. Rob ParkIEX Group
16. Bill Chow & Richard LeungHong Kong Exchanges and Clearing17. John Mackay (Mack) GillMillenniumIT18. Paul HamillCitadel Securities19. Eric NollConvergex20. Veronica AugustssonCinnober Financial Technology
21. Tyler Moeller & Joshua WalskyBroadway Technology22. Alasdair HaynesAquis Exchange23. Gaurav SuriArcesium24. Manoj NarangMana Partners25. Michael Chin & Neill PenneyThomson Reuters
26. Robert SloanS3 Partners27. Anton Katz & Stephen MockAQR Capital Management28. Donal ByrneCorvil29. Stu TaylorAlgomi30. Alfred EskandarPortware
31. Steven RandichFinancial Industry Regulatory Authority32. R. Cromwell CoulsonOTC Markets Group33. Peter MaragosDash Financial34. John FawcettQuantopian35. Donald
Ross III
PDQ Enterprises
36. Jennifer NayarVela Trading Technologies37. Dan RajuTradier38. Susan EstesOpenDoor Trading39. David MercerLMAX Exchange40. Oki MatsumotoMonex Group