The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) today announced that Tom Jordan, President and CEO of Jordan & Jordan, is the recipient of the fifth Market Data Lifetime Achievement Award. The honor recognizes leaders who have advanced the financial information industry over the past 25 years. Jordan was honored during the biennial World Financial Information Conference (WFIC) in Lisbon in early October.
“Tom’s career has spanned numerous roles and leadership positions in the creation of the multi-billion dollar market data industry that we know today,” said Tom Davin, SVP & Managing Director of FISD. “He has held senior management and executive posts at some of the most important players in our business, founded and built one of the most influential consultancies in the market data industry, and created and led important industry consortiums like the Financial Information Forum, and FISD itself. Tom is a very deserving winner of our Lifetime Achievement Award.”
“To be recognized by my peers for outstanding contributions is an honor and an extremely meaningful experience for me,” Jordan said. “I look forward to continuing to work with all of the great members of the Market Data community and delving into the important issues that impact the markets we serve.”
As President and CEO of Jordan & Jordan, Tom steers the company to provide securities industry domain expertise through three practices: Market Data, Management Consulting & Compliance, and Industry Solutions. The Market Data practice specializes in expense management and risk mitigation while the Management Consulting division focuses on strategic endeavors and regulatory compliance. Through the Industry Solutions practice, Jordan & Jordan manages the Financial Information Forum (FIF), FIX Protocol Limited (FPL) and Research Information Exchange Markup Language(RIXML).
Tom was instrumental in the creation of FISD in 1986 and served as the organizations first co-chair. Since 1999, Jordan & Jordan has been an active member of the FISD Executive Committee. Tom is also a member of the advisory committee of the Consolidated Tape Association (CTA) and the Unlisted Trading Privileges (UTP) plan.
From 1985-1990, Tom was the Managing Director of Knight-Ridder Financial/Americas where he led the transition from a commodity niche solution provider to a complete financial information offering. Prior to this, he was the Chairman of Monchik-Weber, a Wall Street consulting and product development firm, that led the industry in options analytics, ticker plant creation and consolidated market data feed. Tom started his career with IBM where he held various management positions, both on the technical and the marketing side of the business. Prior to his business career, Tom served as an officer with the U.S. Army Corps of Engineers in Korea. He was also a Captain in the National Guard with the 50th Armored Division.
