You can sense it in the market: blame the technology for the failings in the financial industry, the billions and billions in writedowns and the collapse of confidence among the investing public. It should be so easy. Technology, notably risk modeling and analytics, is not what caused the credit crisis; the painful truth is that an absence of judgment did. And it will be innovation that lands the industry on its feet again, thanks in no small part to the efforts of those who recognize its transformative effects.

Key words for The Bank of New York Mellon's Kurt Woetzel these days: flexibility and enterprise (in that order). Ranked No. 1 this year, Woetzel's charged with leading a technology organization that must respond quickly, reliably and securely during these volatile times, and safeguard $1.1 trillion in assets under management. He's a process junkie who also embraces diversity of thought, something that helps him deliver results across the enterprise.

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