Lifetime Achievement Award
FISD is pleased to recognize Dr. Joseph Kasputys, founder and former Chairman, President and CEO of IHS Global Insight, as the recipient of the fourth Market Data Lifetime Achievement Award. The honor recognizes leaders who have advanced the financial information industry over the past 25 years. The award was presented at the World Financial Information Conference San Francisco. “Joseph Kasputys is a market data innovator who has dedicated his career to cultivating the financial information industry,” said Tom Davin, Managing Director of FISD. “The success of IHS Global Insight is the most recent testament to Dr. Kasputy’s extraordinary talent. His vision of merging economic analysis and forecasting with data management software has created a company that is changing the face of the financial information industry.”
FISD has established a Lifetime Achievement Award in order to recognize the people who have contributed to the major developments and accomplishments of the financial information industry over the past 25 years. The 2011 Award will be presented on Monday, October 10 at the World Financial Information Conference in San Francisco.
2011 Market Data Lifetime Achievement Award Committee Members:
Stuart Clark, Ipreo
Mike Connor, Market News International
Ottavio Gisler, SIX EXFEED
Jarod Hillman, London Stock Exchange
Rich Jacobi
Simon Leighton-Porter, Rapid Addition
Jeannie Merritt, NASDAQ OMX
Leo McBlain, FIF
Aiden Murphy, Thomson Reuters
Reg Pritchard, Rights Management Associates Ltd.
Barry Raskin, SIX Telekurs
Bernie Weinstein, BG Cantor
Ian Williams, Credit Suisse
Past Recipients:
 |
Stuart Clark |  |
Leo McBlain |  |
Bernie Weinstein |
2009 Lifetime Achievement Award Winner
Stuart J. Clark
Stuart J. Clark served as Interactive Data's president and chief executive officer and a member of the Company's Board of Directors from February 2000-March 2009, and was employed by Interactive Data and its predecessor companies, in the U.S. and in Europe, since 1968. Under Clark's leadership, Interactive Data expanded its offerings through both internal innovation and strategic acquisitions to establish itself as one of the industry's largest providers of financial market data, sophisticated analytics and related solutions that can meet an expansive range of customer needs across the global financial industry. Many of the world's best-known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities. Since 2000 when Interactive Data became publicly traded, the Company’s revenue, net income and net cash provided by operating activities have grown steadily every year — with annual revenue increasing from $314.1 million in 2000 to $750.5 million in 2008. Interactive Data now has approximately 2,400 employees in offices located throughout North America, Europe, Asia and Australia. Prior to his appointment as CEO, Clark served as president of Interactive Data Corporation - as it existed before its merger with Data Broadcasting Corporation - since 1995. From 1993 to 1995, Clark was a director of UK-based Financial Times Information, with specific responsibility for the Market Data division. Prior to 1993, Clark led the Market Data division of Extel Financial Limited, which was acquired by Pearson plc's Financial Times Group during that year. He began his career as a researcher at Extel in 1968, progressing through a number of positions of increasing responsibility. Clark has dedicated over 40 years of work to Interactive Data and the market data industry. He has successfully transformed the business into a top-tier market data vendor that is now known as a trusted leader in financial information.
2007 Lifetime Achievement Award Winner
Leo McBlain
Mr. McBlain has been Chairman of the Financial Information Forum in NY since 1995. The Financial Information Forum is an industry organization that brings together business and technology executives from exchanges, broker-dealers, vendors and other organizations to address issues related to brokerage industry information and processing systems. FIF with other industry associations have cooperated on industry-wide projects such as Year 2000 testing, decimalization, business continuity planning, market data traffic capacity planning and the recent implementation planning for the SEC’s Regulation NMS. He was chair of FISD from 1990-1995. He spent thirty-five years at ADP Brokerage Services Group, under various incarnations. First, as VP Marketing where he led sales and marketing efforts which gained competitive wins at 15 major brokerage firms including Merrill Lynch and Shearson (now CitiCorp). He introduced the industry's first PC-based terminal system for professional brokers. In 1987, he moved to VP, Industry Relations where he worked closely with client firms regarding the use of real-time market data and brokerage processing services in conformance to exchange and regulatory policies. Previously, Mr. McBlain spent twelve years at GTE Information Systems’ Financial Services Division in marketing. Even earlier, he did sales in various engineering and technology companies including Ultronic, Computest and Honeywell.
2005 Lifetime Achievement Award Winner
Bernie Weinstein
Mr. Weinstein founded ILX Systems in 1988 and as its president and chief executive officer, built it over fourteen years from a start-up to be one of the major market data vendors with over 160,000 users globally at firms including Merrill Lynch, Morgan Stanley and A.G. Edwards. He also managed a major division of Thomson Financial as president of its Sales and Trading Group, which included Beta Systems and Autex. Since joining Cantor Fitzgerald in 2002, he has been responsible for Cantor Market Data, a provider of fixed income market data and commentary, and has overseen its rapid growth. He also serves as Chief Executive Officer of Kleos Managed Services, a subsidiary of eSpeed, an affiliate of Cantor and a major electronic marketplace and trading technology provider for the capital markets. Kleos provides end-to-end managed technology services to the financial industry, including hosting, communications, network management and support, trading solutions and technology licensing. Prior to founding ILX, Mr. Weinstein was the Chief Information Officer of EF Hutton with responsibility for global information systems (including market data) and telecommunications. Under his direction, EF Hutton introduced in the 1980s a then-revolutionary market data system, AWE (Advanced Workstation for the Executive), which supported market data, information retrieval and office automation functions such as eMail, word processing, and spreadsheets. He was also founder and chief executive of International Brokerage Information Systems, Inc. (IBIS), a subsidiary of the EF Hutton Group,that provided information systems and service to the financial industry globally.