As one of the founding members of the Investors Exchange, network and infrastructure expert Ronan Ryan is part of the team working to restore trust to the stock market, as chronicled in Michael Lewis’ latest best-seller, Flash Boys: A Wall Street Revolt. The best-selling book highlights the work of Ronan Ryan and Brad Katsuyama in exposing the electronic front-running in high frequency trading, and their founding of IEX Group in response. It has received rave reviews in The New York Times, The Financial Times and The Guardian to name but a few.
One of the most provocative books ever to hit the financial market, the story reveals how computerized high-frequency trading (HFT) has allowed certain Wall Street players to work the stock market to their advantage. Brad Katsuyama (former Head of Electronic Trading at RBC and President of IEX) was one of the first to notice how the HFTs were costing his clients millions of dollars. To better understand the technology at the root of such losses (known as “flash crashes”), Brad consulted Ryan, whose network and cable infrastructure expertise had helped some of the world’s fastest traders become faster.
Ronan has over 9 years of experience in the financial services industry and over 17 years of experience in networking infrastructure. Ronan previously was the Head of Electronic Trading Strategy at RBC Capital Markets, where he used his prior experience in network, hardware, and co-location technology to generate client-facing solutions. Prior to working at RBC, Ronan was the Head of Financial Services Development at Switch and Data and Head of DMA and Co-location solutions at BT Radianz where he serviced some of the largest trading firms in the financial industry.
Brett provides leadership, direction and operational management to 451 Research's analyst team. This includes responsibility for the research agenda and analyst process -- ensuring that 451 Research continues to be insightful, with a focus on innovation; to be objective, reliably thorough and accurate; and, most importantly, to ensure that 451 Research delivers value to our clients. Prior to joining 451 Research, Brett was Managing Director (President) of Ovum; President of Ovum North America; Executive Vice President of Research at RHK; Senior Vice President of Marketing and Sales at IP Unity (now Movius); Group Vice President and Chief Analyst at Gartner; and Director of Product Management at Pacific Bell (now AT&T). Throughout his career, Brett has managed through nearly a dozen company integrations.