CIO, CTO, Senior Level IT executive with Global experience including both Buy side/Sell side firms. Passionate about transforming businesses through technology. Deep experience in leveraging analytics and data to provide business insight. Not just a "techie' I've managed building and trading floor construction, office automation, advanced analytics, political action committees, operations re-engineering, and staff retraining and redeployment.
CIO, CTO, Senior Level IT executive with Global experience including both Buy side/Sell side firms. Passionate about transforming businesses through technology. Deep experience in leveraging analytics and data to provide business insight. Not just a "techie' I've managed building and trading floor construction, office automation, advanced analytics, political action committees, operations re-engineering, and staff retraining and redeployment. Skilled at building teams across silos, identifying new opportunities for efficiency, and delivering those solutions. As comfortable with regulators as with start up companies. I build bright, innovative, resourceful, cooperative teams that understand the importance of business focused results. I believe effective communication is key.
I believe some, but not all, technology is a competitive advantage but it takes insight to know the difference and discipline to deliver.
I am an IDG Computerworld's Premier 100 IT Leaders 2008 Honoree .
I contributed to the book "Partnering with the CIO" by Mike Minelli and Mike Barlow.
I have authored numerous articles on Big Data, its challenges, and its opportunities.
Specialties: Executive Management, Team Building, Business Re-Engineering, Global Technology Management, Innovation, Offshoring, Big Data, Outsourcing, Market Risk Management, Credit Risk Management, Operational Risk, Compliance, Anti Money Laundering, Data Warehousing, Trading Floors, Grid Processing, Operations, Foreign Exchange, Derivatives, Commodities, Model Management
Chief Technology Officer / Financial Services Professional @ Addressing the biggest challenge to the Financial Markets as defined by both the G20 and the World Economic Forum.
Cyber Attacks were denoted by the G20 group as a threat to the global economy; the World Economic Forum (2014) estimates the probability of a critical information infrastructure breakdown with 10 percent and the financial consequences after a few days to about US$ 250 Billion From January 2015 to Present (1 year) Greater New York City AreaPresident @ Interim CIO and president of a boutique consultancy helping companies set a strategy for embracing Big Data. In particular helping to understand how to manage Risk and deploy analytics effectively. From January 2013 to Present (3 years) Advisory Board Member @ http://www.chartis-research.com/team/william-j.-sweeney From August 2013 to January 2015 (1 year 6 months) Swab @ Standing watch every 12 hours; weather and route forecasting for the trip; procurement officer for fresh seafood(i.e. fishing); head chef for our onboard Thanksgiving dinner!
Risk, Data, and Analytics is offline until the beginning of the new year! All client work for 2014 has been successfully completed.
Communications between 11/23-12/18 will be spotty at best. After 3100 miles at sea communications from 12/18-12/20 will be limited for other reasons (primarily rum punch). I will respond to emails upon my return.
We successfully completed the crossing in 19 days and 21 hours. We were plagued by low winds the last two days but otherwise the winds were terrific. Looking forward to a great 2015. From November 2014 to December 2014 (2 months) CEO Advisor @ Technology and management advisory services to this dynamic, innovative Open Source Risk Management Firm. From January 2011 to August 2014 (3 years 8 months) VP Client Services @ Worked with Trinity Millennium Group to help Financial Services firms with their Legacy System Modernization strategy. Legacy System Modernization, a key need for large firms, is often missing from their overall technology strategy. Modernizing legacy systems reduces costs, improves IT responsiveness and flexibility, and provides transparency and understanding of how the technology infrastructure truly supports the business. From January 2013 to September 2013 (9 months) Transformation Consultant @ Engaged to help a large multi-national bank to revamp their risk management infrastructure. Top down Board sponsored strategic review of the Technology Organization. Report highlighted areas of weakness that could prevent the Bank from achieving it's goals. From 2012 to 2013 (1 year) Director Research Technology @ Responsible for building out the technology organization to support a hedge fund's Research Division. Built the research tech department from 9 people to 60+ people in 18 months. Established better processes and procedures including Agile development, training technologists, and most importantly changing the perception of the role of technology in an organization. From March 2008 to February 2012 (4 years) Director of Research Technology @ Responsible for building out the technology organization to support a hedge fund's Research Division. This is a transformation effort including establishing better processes and procedures, training technologists, and most importantly changing the perception of the role of technology in an organization. From March 2008 to February 2012 (4 years) CIO Risk, Compliance, Legal Technology @ Joined Citi after the Traveller's merger which came on top of the Salomon and Smith Barney mergers. Developed the technology strategy to support integrated risk management across the investment bank and corporate reporting.
+ Reduced the number of risk systems from 100's to less than 30.
+ Reduced Risk Weighted Assets over USD80B
+ Freed up tech resources on a world wide basis to focus on BASEL 2
+ Developed new strategic credit risk platforms.
I took over Compliance and Legal technology at a time when Citi's senior mangement and the relevant regulators were very focused on those areas. From June 2000 to December 2007 (7 years 7 months) CTO @ Recruited from my consulting firm to head a small development team in NY's Investment Bank. A year later took responsibility for all of development in NY's investment bank. Subsequently moved to London as the Chief Architect / CTO for the Investment Bank responsible for global systems and operations "in-sourcing". As part of the Republic Bank and oversaw the integration of the front office systems. From 1994 to 2000 (6 years) President @ General management, marketing, sales, customer support, strategy From May 1988 to April 1994 (6 years) Member Technical Staff @ Stuff that was cool at the time! From June 1978 to April 1984 (5 years 11 months)
MS, Computer Science @ University of Southern California From 1979 to 1980 BS, Mathematics @ Manhattan College From 1974 to 1978 Fordham Prep From 1971 to 1974 Mini-MBA Business Essentials Program, Business @ Rutgers, The State University of New Jersey-Newark From 2005 to 2005 Bill Sweeney is skilled in: Derivatives, FX, Credit Risk, Offshoring, Data Warehousing, AML, Team Building, Trading Floor, Executive Management, Market Risk, Operational Risk, Re-engineering, Fixed Income, IT Strategy, Risk Management