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Richard Rabinovich
[edit]Richard “Rich” Rabinovich is a retired software and technology executive based in New York. Over the course of a decades-long career, he led major engineering and technology initiatives across Wall Street and at Amazon, where he helped build some of the infrastructure powering global finance and e-commerce.
Early Life and Education
[edit]Rich was born and raised in Queens, New York. He attended Duv Revel Jewish Day School and the Marsha Stern Talmudical Academy (MTA) for high school. He went on to study physics at Yeshiva University, graduating with a bachelor’s degree.
Career
[edit]Rich started out in the late 1980s as a C/UNIX developer, eventually taking on technical and leadership roles at firms like Quotron Systems, Salomon Brothers, and DLJ. At DLJ, he built an electronic trading platform for government bonds and took over core fixed income systems across multiple asset classes.
He later joined Credit Suisse, where he led global trading systems for Rates, Credit, and MBS bonds. His work included introducing algorithmic trading and delivering real-time risk platforms used by trading desks.
In 2008, Rich moved to Citi as Managing Director. He initially oversaw municipals and commodities technology before becoming the Global Head of Core Banking and Loans Technology. At Citi, he helped overhaul underperforming systems, brought in modern development practices like automated testing and continuous delivery, and pushed forward the use of big data and blockchain across global platforms.
From 2017 to 2020, Rich was at Morgan Stanley as Global Head of Lending Technology. He built out new systems to support the firm’s growing institutional lending business and helped shape strategy around distributed ledgers. He also created a cross-asset blockchain working group and developed a front-to-back data platform for lending operations.
In 2020, Rich joined Amazon Web Services (AWS), where he worked on the launch of **AWS Resilience Hub**, a product designed to help customers track and improve application resiliency. He later became a Senior Manager of Software Development at Amazon, leading chaos engineering efforts for the company’s retail business.
After over 35 years in the industry, Rich is now retired.
Media and Public Life
[edit]Rich's move to AWS was covered in industry press as part of Amazon’s effort to bring in top financial tech talent.[1]
He and his wife, Ora Rabinovich, were also featured in a Fox 5 News segment during the COVID-19 pandemic, in a story about the rise in pool sales.[2]
Rich served for a time on the board of the Emerald Green community in Rock Hill, New York.
Personal Life
[edit]Rich lives in New York with his wife, Ora Rabinovich. They have five children—Ayelet, Daniella, Renana, Tammy, and David—and thirteen grandchildren. His parents were Sidney and Edith Rabinovich; Sidney served in the U.S. Army during World War II.