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Cormac Kinney

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Cormac Kinney

Cormac Kinney is a serial entrepreneur, known for Diamond Standard, a regulator-approved fungible diamond commodity, Heatmaps, cited in 5,800 US Patents, and a publisher social network acquired by News Corp.

Kinney grew up in University City, Missouri, a suburb of St. Louis, the oldest of six children. He graduated from Carnegie Mellon University's College of Engineering, earning a Bachelor of Science degree, and a Master of Science in 5 years, skipping one year of college, but leaving a Software Engineering degree uncompleted.

He has lived in Manhattan, New York City since 1994, and is married to Mimi So, an influential jewelry designer.

As a student at Carnegie Mellon, Kinney founded two small software companies in succession, acquired by Northwestern Mutual Life Insurance Co., and JD Edwards. Both were related to optimization.

In 1993, with Carnegie Mellon Senior Research Scientist, Marc Graham, Kinney founded NeoVision Hypersystems, Inc. to develop and market the Heat maps technology. The term "heat map" was coined by Kinney and trademarked in 1993, but the trademark was unintentionally abandoned by its acquirer.

As of January 2020, since 1993, Heat maps have been cited in over 5,550 patents granted by the US PTO, and in 200,000 peer reviewed research papers.

As developed by Neovision, Heat maps were a real time middleware and computation platform used to rapidly develop trading and risk management systems, featuring the first commercial application of heat maps. Citibank was a key initial client, for which Kinney designed a risk management application for the global capital markets division in 1999. Ultimately the Neovision technology was installed on over 100 institutional trading desks, and at Nasdaq and the DTC for monitoring $1.7 trillion in daily transactions.

Distribution licenses were signed with Bloomberg L.P., Dow Jones Telerate, Thomson, and Reuters to install Heatmaps to over 300,000 desktops. The Nasdaq incorporated Heatmaps into the front page of www.nasdaq.com from 2001 through 2013.

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