Management Product Development

LILI DELALAT

*** ********* **. *** **, NYC, NY. *0024 C: 646-***-**** ********@*****.***

Executive Profile

–Articulate, visionary, and results-driven Business Operations and Technology Management Executive with broad based expertise leading effective business strategy, operations performance, and cross-functional team leadership in support of multi-million dollar organizations.

–Expertise in leading global teams of professionals in the implementation of effective operational strategies and projects that decrease costs while improving efficiency, productivity, and effectiveness; recent success leading a $2B project to build the new Reuters Market Data System, managing a team comprised of the Head of Business Analytics, Head of Development, Head of Quality Assurance, Head of Infrastructure and Networking, and Head of Project Management Office.

–A demonstrated record of success designing and establishing new real time enterprise technology using platform agnostic approaches for “Bring Your Own Device”, with experience directing product development, client communication, budget, development, infrastructure, operations, vendor management, corporate technology.

Skill Highlights

Seasoned Fortune 500 Business Leadership

Defining and Influencing Technology Strategy

Leadership in Innovation and Transformation

Expert in Distributed, Remote Access Network Infrastructure and Operation

Skilled in Large Scale Enterprise Platform Development

Mentoring and Collaborating Management Style

Achieving Gains in Sustainability and Scalability

Budget Development and Administration

Expertise in Consolidation and Integration

Global Cross Functional Team Leadership

Vendor and Contract Negotiation

Core Accomplishments

Revolutionized the market data platform and infrastructure divisions by enabling over 10,000 contributors by allowing a “Bring Your Own Device” policy; using the latest platform agnostic technologies such as CloudOn and PhoneGap.

Developed a series of non-negotiables to fundamentally change the division’s culture; empowering individuals and leaders to pursue accountability, ownership, and agility.

Championed establishment of “Market Data University” for training, upgrading talents, and mentoring programs. The program has resulted in higher retention, motivated teams, improved performance and increased morale.

Re-organized and introduced a “Center of Excellence” in Technical Services and Operations at Bonddesk to improve quality of service to grow customer loyalty which ultimately became a differentiator in increased revenue.

Streamlined product development and project management processes to increase productivity and efficiency resulting in a higher quality products and a faster time to market delivery at Bonddesk.

Led the build out of the first ever equity and derivatives trading floor in the New York metro area for Wachovia resulting in millions of savings in operational cost. Implemented the network, computing grid and the exchange connectivity; negotiated contracts with network providers and integrated the existing vendor systems with the newly developed in-house trading platforms.

Professional Experience

NXEGEN - Middletown, CT

2015 - Present

Chief Information Officer

Nxegen is a technology enabled energy services firm that specializes in high-efficiency energy systems, as well as real-time load monitoring, management and control services for commercial, industrial, governmental and institutional users.

Reporting to CEO, leading the organization to the next level of innovation across our current and future products.

Directed the planning and implementation of IT initiatives by fostering innovation, prioritizing demands, identifying cost savings, improving service quality and promoting product development.

Set the strategic direction of the business through technology lens in collaboration with other C- suite executives.

Derived and defined the firm’s objectives and programs to align with investor’s long term vision.

Identified new products for development based on market research and IT availability.

BROADRIDGE - New York, NY

2014

Head of Big Data Analytics and Aggregation Initiative (Consultant)

Broadridge is the leading provider of investor communications and technology-driven solutions for wealth management, asset management, and capital markets firms.

Led the determination of a strategy, proof of concept, and preliminary work for aggregation and real time analysis of large volumes of data originating from several legacy sources into a cohesive enterprise wide platform.

Key Achievements

Served as a trusted advisor and subject matter expert, collaborating with the heads of multiple divisions to ascertain business requirements governing the security, scalability, reliability, and extensibility of a Big Data Analytics solution; provided analysis regarding the potential impact of the project on P&L for each business unit.

Authored a comprehensive project plan outlining the recommended vendor, staff, technologies, and methodologies required to build and launch the Big Data Analytics program.

THOMSON REUTERS - New York, NY

2010 - 2013

Managing Director, Global Head of Market Data Division – Financial and Risk – CTO Office

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. It combines industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets

Responsibility: Capital Markets, Revenue $600+ million, team size: 750, located in Beijing, Bangalore, Hong Kong, Singapore, Bangkok, London, St. Louis.

Served as an integral member of the Strategic Solutions Group of this major multinational mass media and information firm, with accountability for the world’s largest market data network, comprising over 450 exchanges in 140 countries serving the research needs of 3000 clients while managing a team of 750 members;

Key Achievements

Continually innovated, investigated, and validated opportunities to develop new business and drive revenue growth on behalf of the Market Data Division, while maintaining responsibility for the direction and progress of infrastructure, operations, and technical services.

Revolutionized the market data feed, a decades-old product operating off of a legacy platform; introduced new technologies, key performance indicators, and processes to capture key gains in operations, data integrity and quality, and client service, resulting in a 35% increase in productivity and a 20% reduction in operating expenses.

Established a monitoring tool that empowered technical staff to proactively identify, address, and resolve system issues without compromising the effectiveness of operations or the client experience.

Assumed a lead role in a $2B project to build the new Reuters Market Data System, managing a global teams of professionals; oversaw the modification of APIs and the normalization of internal data to enable compatibility with the new open market data platform.

Led the development and delivery of Thomson Reuters Elektron, an integrated suite of information and trading services to meet the specific requirements of Capital Markets financial needs, offering the benefits of IaaS and PaaS.

BONDDESK GROUP (A Thomson Reuter’s company) - Rochester Hill, MI

2009

Senior Managing Director, Chief Information Officer (CIO)

Bonddesk is a financial technology firm, providing enterprise-wide fixed income solutions to the top broker-dealers. It has created a centralized marketplace by offering a diverse pool of liquidity for odd-lot fixed income securities in multiple asset classes in North America.

Responsibility: Fixed Income Retail, team size: 200

Recruited with a mandate to stabilize the platform produced by this provider of retail fixed income wealth management and trading technology, positioning the company for acquisition while managing 200 team members.

Defined and influenced all technology strategy for the company; exercised authority over all facets of product development, client communication, technology budget, development, infrastructure, operations, and technical services.

Key Achievements

Shaped the company’s overall strategy and direction for technology. The strategy included evaluation of the

platform and infrastructure for stability, scalability, and client level customization and integration.

Increased company’s valuation pricing by implementing a phased in approach to stabilize and modernize the data center infrastructures and operations that resulted in retaining clients.

Designed a blueprint for the next generation platform build out based on the latest technology trends.

Deployed and exercised the firm’s first ever contingency plan for failover within the same data center to introduce higher platform uptime for clients.

Introduced operation management controls and processes to maximize uptime.

WACHOVIA SECURITIES - New York, NY

2005 – 2009

Managing Director, Global Head of Cash Trading Technology – Capital Markets

Responsibility: Fixed Income covering Treasury, Rates, Credits, and Equities covering Program Trading, Direct Market Access, Algorithmic Trading, U.S. Listed Trading, Derivatives, Futures, and Institutional Sales; team size: 350

Led vision, strategy, and execution for Cash Trading Technology for the Capital Markets division of this retail brokerage subsidiary of Wachovia, with authority over up to $200MM in annual technology spend and the development of long-range strategy.

Emphasized succession planning and mentoring throughout the division, focusing on the identification and development of talented individuals into the company’s next generation of business leaders.

Key Achievements

Directed the design and build out of the company’s first trading floor and data centers in the New York metropolitan area; served as the architect of the company’s first proprietary product-agnostic, multi-asset order and execution management trading platform featuring services that included smart routing, internal crossing, and an algorithmic engine.

Enabled client and exchange connectivity with electronic communication networks that included TradeWeb, BrokerTec, MarketAxxes, FXall, BondDesk, and Espeed, as well as equity and future exchanges like NYSE, ARCA, CME, ICE, and CBOT.

GOLDMAN SACHS - New York, NY

1999 - 2005

Vice President, Co-head of Equity Technology Services – Capital Markets

Responsibility: Global Equities market, covering Program Trading, Direct Market Access, Algorithmic Trading, Wealth Management, and GS.com; team size: 250, located in NY, London, Tokyo, and Bangalore.

Responsible for one of the world’s highest volume electronic trading platforms; defining and prioritizing strategic and tactical solutions with senior business traders.

Managed all aspects of development cycles including architecture and infrastructure design, business flow, algorithms, performance, failover design, resiliency, debugging, code reviews, phase in roll outs, and production support.

Key Achievements

Oversaw development and support of over 90+ global real-time in-house order and execution management, position management, exchange and customer connectivity systems.

Instrumental in setting the vision for Goldman Sachs’ execution management network to grow average daily trading volume by 300% per instance.

Launched and developed Automated Regression Testing including performance and stress testing to regress over 40+ business line functionalities drastically improving developers’ time to market delivery.

Designed and deployed Client Entitlement Service. The service keeps profiles on external clients for P&L tracking to aid GS institutional Sales desk to better facilitate client relationship and track commission.

Designed the equity electronic customer flow based on the FIX protocol. The infrastructure supports over 500 FIX connections with FIX hubs servicing over 5000 clients electronically and connected to over 30 exchanges and brokers globally.

Early Career

LEHMAN BROTHERS - New York, NY

1994 - 1999

Senior Manager, Consultant, Head of Fixed Income Technology – Fixed Income Finance

ACUSON CORPORATION - Mountain View, CA

1993 - 1994

Member of Technical Staff, Advance Development team

AMDAHL CORPORATION - Sunnyvale, CA

1988 - 1993

Senior Design Engineer, Project Leader

UNIVERSITY OF NEBRASKA - Lincoln, NE

1986 - 1988

Teaching Assistant, Computer Science Department

Education

MSCS - University of Nebraska - Lincoln

Lincoln, NE

BSCS - University of Nebraska - Lincoln

Lincoln, NE

Advisory Board Member, Department of Business Analytics and Information Technology, Rutgers – State University of New Jersey

Advisory Board Member, Dept. of Management Science & Information Systems, Rutgers - Business School Newark/New Brunswick

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