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The 2017 Trading Tech 40: Alfred Eskandar

  • By Peter Vasiliev

30. Alfred Eskandar
Chief Executive Officer
Portware
Last year: 33

Today many financial technologists have artificial intelligence in their toolbox. Not so in 2012, when Alfred Eskandar, formerly head of corporate strategy at buy-side trading platform company Liquidnet Holdings, joined New York–based Portware and set it apart with an AI component that raised the level of sophistication of its execution management system. As of November 2016, with the release of Portware Enterprise version 6.4, the "thinking EMS" offers real-time analytic and decision support enhancements that, according to the 43-year-old CEO, amount to "a virtual trading assistant" supporting complex, global strategies across multiple asset classes.

With more than $10 trillion in institutional assets running on its software, up from $3 trillion in 2012, Portware became part of FactSet Research Systems in an October 2015 acquisition. A year later FactSet bought CYMBA Technologies and Vermilion Software, U.K.-based providers of order management and client reporting systems, respectively. FactSet CEO Philip Snow says the company aims "to more holistically address the portfolio life cycle through both innovation and acquisition," and there is a clear implication that more moves are to come.


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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