Chicago Board of Trade
SIZE OF FIRM:
WHO WAS YOUR MENTOR?
WHAT WORK EXPERIENCE HAD THE MOST LASTING IMPRESSION ON YOUR CAREER?
LAST GOOD BOOK READ:
The next big thing is really how you coordinate and stay in line with the business -- what you do and how. You need to really understand where technology is and where it can add value. The next great hurdle is less about the technology and more about translating the technology to business value and getting it to be as seamless as possible. The technology should hum in the background without anyone noticing. That is my job and objective.
Key Technology Management:N/A
Size of Technology Team:Range of 175 to 250.
Percent of IT Projects Outsourced:Very low percentage.
Key Technology Partners:N/A
Success Metrics:Standard metrics such as processing time, latency, uptime, estimated completion of projects. We monitor these metrics 24 hours per day.
2008 INITIATIVESCBOT-CME Merger
We will be focusing on the merger and getting the business platforms integrated. That's the large thing. Those are tightly coordinated efforts that require the total focus of the organization.
TOP 3 CURRENT PROJECTS
Merger With the CME
We are trying to prepare for the proposed merger with the Chicago Mercantile Exchange. We are planning the implementation and integration of these huge exchanges and making sure that the transition will be flawless.
Business as Usual
In terms of technology, there's the administrative and back-office systems and e-mail, then there's the electronic platform. We use the Euronext platform. The amount of technology in the exchange is extremely dense. We are up 22 hours per day. We have a very small window to do our migrating and fix things.
We're an advocate of people continuing their education. I am a work adviser to some students. We also work with the community to give students some exposure to technology and our business.