FINRA Manages 50 Billion Daily Transactions Using The Public Cloud
Steve Randich has been a CIO many times over at organizations like the Chicago Stock Exchange, the NASDAQ, and with Citibank prior to taking on his current post as CIO of Financial Industry Regulatory Authority, Inc., better known as FINRA, which is a non-governmental organization that regulates brokerage firms and exchange markets. When asked about the evolution of the CIO role, he indicates that he has not seen much evolution, but that may be because he was a strategic leader, driving innovation from the CIO post long before others were presumptuous enough to think to do so. At FINRA, Randich's innovations center around leveraging artificial intelligence and machine learning to better surveil markets and broker-dealers. He also has led one of the most dramatic implementations of the public cloud. So extensive is the implementation that Amazon Web Services considers FINRA a best case example of the use of its technology.