May 20, 2021 | 3 min read

Innovating Cboe’s Data and Access Solutions with Catherine Clay

By: Patrick Emmons

Innovating Cboe’s Data and Access Solutions with Catherine Clay

Trading exchanges are highly regulated, making the implementation of technological changes a tricky proposition. Catherine Clay, Executive Vice President of Cboe Global Markets, has had to pivot and adapt her thinking when it comes to affecting change in a large, regulated corporation.

Catherine joined Patrick and Shelli for this week’s episode of Innovation and the Digital Enterprise. She stressed the importance of keeping a company’s end goals in mind instead of getting caught up in the immediacy of sprints. Catherine also shared how to keep up the stamina and perseverance when you are met with obstacles. Listen for an industry expert’s tips on affecting change in your organization.

  • (01:38) - Accelerating prosperity
  • (02:53) - Catherine's path to Cboe
  • (17:11) - Leadership retention
  • (22:28) - Marathon vision
  • (26:04) - Batteries included
  • (32:28) - The secret sauce
  • (35:19) - Mentorship
  • (36:28) - Trading floor inclusivity

Catherine Clay is the Executive Vice President and Global Head of Data & Access Solutions. Cathy leads Cboe Global Markets’ strategic initiatives for its analytics, index, data, access, and execution services businesses.

As the CEO of LiveVol and co-founder and CEO of Thales, Cathy pioneered software solutions for quoting, trade execution, and risk management. Coupled with her previous experience trading equity and index options, Cathy continues to create high-value offerings for market participants while integrating Cboe’s client-facing solutions.

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About Patrick Emmons

If you can’t appreciate a good sports analogy, movie quote, or military reference, you may not want to work with him, but if you value honesty, integrity, and commitment to improvement, Patrick can certainly help take your business or your career to the next level. “Good enough,” is simply not in his vernacular. Pat’s passion is for relentlessly pushing himself and others to achieve full potential. Patrick Emmons is a graduate of St. Norbert College with a Bachelor of Science degree in Computer Science and Mathematics. Patrick co-founded Adage Technologies in 2001 and in 2015, founded DragonSpears as a spin-off dedicated to developing custom applications that improve speed, compliance and scalability of clients’ internal and customer-facing workflow processes. When he is not learning about new technology, running a better business, or becoming a stronger leader, he can be found coaching his kids’ (FIVE of them) baseball and lacrosse teams and praising his ever-so-patient wife for all her support.

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We interview leaders from early-stage start-ups to billion-dollar enterprises who distill their lessons from their victories and their failures. Learn how these high-performing leaders organize their teams, establish a growth-minded culture, and leverage new technologies such as DevOps and Cloud.