The 2008 financial crisis created unprecedented disruption to global capital markets. While financial services firms had invested considerable amounts of time and capital managing risk, the actual crisis shed light on risk management. It is rare to see how these systems and processes respond under real stress. Steve Rubinow was EVP and CIO of NYSE Euronext during the crisis. He will recount the events during the crisis and comment on how financial services firms can learn from these events. OnCorps will also provide an overview of algorithms and workflows used in the detection of errors on oversight and reconciliation systems.
Steve Rubinow is Director of the Institute for Professional Development at DePaul University’s College of Computing and Digital Media, and a Professional Lecturer in the School of Computing. He also is President of Infocology Inc., a technology consultancy.
Steve was previously the Chief Information officer in Reuters’ Marketplaces Division in New York, NY. Prior to that, Steve was Executive Vice President and Chief Information Officer at NYSE Euronext in New York. He was responsible for all aspects of technology for the largest global exchange in the world. He combined operations across continents, and designed and developed new data centers, the financial industry’s first cloud and a new culture of innovation for global trading. Because of cyber-terrorism threats in this industry, Steve had government clearance from major federal security, intelligence, and law enforcement agencies for addressing cybersecurity/counter-terrorism issues. In his 2012 induction into the CIO Hall of Fame, Steve was described as “clearly one of the most innovative and transformational CIOs ever.”
Steve holds a Doctorate degree in Chemistry, a Master of Business Administration degree in Marketing and Finance (ranked first in his graduating class), a Master of Science degree in Chemistry and a Bachelor of Science degree in Biological Sciences and Chemistry (graduating with honors and distinction), all from the University of Illinois. He also earned a Master of Science degree in Computer Science from DePaul University.