Rebuilding Wall St. in a Down Market

I'm moderating a panel on financial technology in NYC.

Food and drinks served + after party for registered guests.

I hope you can make it!


Rebuilding Wall Street in a Down Market

The recent crisis on Wall Street has created uncertainty. But with uncertainty comes an opportunity for change.

As we witnessed after Michael Bloomberg`s departure from Salomon, a new idea can become a viable company. Bloomberg`s idea for change, the Bloomberg terminal, has become the de facto standard in monitoring financial news and market activity. Decision makers across the globe depend on Bloomberg terminals to provide critical data. Today, Bloomberg`s idea for change is valued at an estimated $25 billion.

Who will be the next Bloomberg?

Over the past decade numerous financial technology software companies have emerged. They are using technology innovation to change the way Wall Street operates.

Join MITEF as we discuss the past, and ponder the future, of financial technology software with our panel of financial technology experts.

Barry L. Ritholtz - CEO, Director of Equity Research, FusionIQ
Philippe Buhannic - Co-Founder, Trading Screen
Jacob Pechenik - Co-Founder, Yellow Jacket, acquired by ICE

Lili Balfour - Founder, Atelier Partners

Tuesday, February 3rd, 2009
6:00pm - 6:30pm: Reception
6:30pm - 8:00pm: Panel
8:00pm - 9:00pm: Network
1540 Broadway
New York, NY 10036-4086

Building entrance on 45th Street, east of Times Square
Free to members of MIT Enterprise Forum
$50 non-members, $10 extra at door
All members and guests are welcome.

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Panel Speaker Biographies
Barry Ritholtz

A frequent commentator on CNBC, Barry Ritholtz is a weekly guest on Kudlow & Company. He has guest-hosted Squawk Box on numerous occasions, and also appears regularly on Bloomberg, Fox, and PBS. Mr. Ritholtz was profiled in the Wall Street Journal`s Quite Contrary column (August 3, 2004; Page C3). His market perspectives are quoted regularly in the Wall Street Journal, Barron`s, Forbes, Fortunes, and other print media. He is deeply honored to be the dedicatee of The 2007 Stock Trader`s Almanac`s 40th Anniversary edition.

Mr. Ritholtz performed his graduate studies at Yeshiva University`s Benjamin N. Cardozo School of Law in New York, where he focused on Economics, Anti-Trust and Corporate Law. He was a member of the Law Review, and graduated Cum Laude. His undergraduate work was at Stony Brook University, where on a Regents Scholarship, he focused on Mathematics and Physics, graduating with an BA degree in Political Science.

Philippe Buhannic

Philippe Buhannic is an industry pioneer who has brought TradingScreen to the forefront of global markets. With more than 20 years of executive management, technical and marketing experience in international markets, Buhannic founded TradingScreen with Joseph Ahearn on the premise of aiming to service both the buy and sell-sides as global markets became more electronic. Together, he and Ahearn established TradingScreen as a leading execution management system (EMS) of electronic trading, execution and order management. Prior to TradingScreen, Buhannic served as a Managing Director at Credit Suisse First Boston ("CSFB") in New York.

Mr. Buhannic holds a Masters of Business Administration (MBA) with a specialization in international business from New York University`s Stern School of Business, a Masters degree in Finance and Taxation from Institut d'Etudes Politiques de Paris and has taught business and finance courses at both his alma maters.

Jacob Pechenik
Yellow Jacket

Jacob Pechenik is President and Chief Executive Officer of YellowJacket a wholly owned subsidary of IntercontinentalExchange (NYSE:ICE). In his role, Mr. Pechenik, who is also the founder of YellowJacket, is responsible for its overall strategic direction, and financial and operational performance. YellowJacket was acquired by ICE in January 2008.

Mr. Pechenik has nearly two decades of experience in the development and support of enterprise-class trading platforms for large financial services firms and Fortune 500 companies. Prior to establishing YellowJacket in 2003, Jacob founded and served as the CEO of TechTrader, a provider of business-to-business enterprise software for public and private trading exchanges catering to the direct materials markets.

A frequent speaker and widely acknowledged industry expert, Mr. Pechenik has been featured in numerous industry and business publications and conferences. Mr. Pechenik earned a Bachelor of Science degree in Chemical Engineering from the Massachusetts Institute of Technology.

Lili Balfour
Atelier Partners

Lili is the Founder of Atelier Partners, a bi-coastal advisory firm serving emerging industries.

Ms. Balfour earned her B.S. in Financial Management and International Management from Cal Poly, San Luis Obispo, where she found time to intern with Money Manager, Jim Maino, and polish her Japanese skills. Shortly after, her career brought her to Genesis Merchant Group where she worked on the private equity fund, Always Early, Often Wrong (AEOW), co-managed by Bernard Osher and Will Weinstein. While at SVB Alliant`s Technology Investment Banking Group, she worked on mergers and acquisitions involving both private and pubic companies, such as National Semiconductor, Cirrus Logic, PLX Technology, Allayer Technologies, Broadcom Technologies, Mattson Technology, and Sebring Networks. In addition, she has worked on debt financings for both non profit and for profit clients at Cain Brothers in San Francisco and New York. Upon building the infrastructure for Heller Ehrman Venture Law Group`s prospective client due diligence process, Lili spent her time traveling bi-coastally, working with Edison Group, Cisco Systems, and Lan-Mar Marina (a Traina Enterprises Inc. company) on acquisitions, which led to the eventual creation of Atelier Partners.