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In Memoriam

IN MEMORIAM

Anil will always be in the prayers and memories of everyone at Instinet. Some of his co-workers share some of their thoughts about him here:

The essence of Anil for me was his gentle low key style, combined with his powerful intellect. I wasn't lucky enough to regularly spend much time with Anil in person; mostly it was those conference calls, usually with lots of NY background noise, often with Anil on the far end of a perhaps flaky line in Tokyo or somewhere. Discussion would flow and the first input from Anil would trigger a round of repositioning microphones; then Anil would have to repeat so we could hear him - the key being that everyone always wanted to make sure we heard the always valuable words from our guru.

Somehow Anil's unique style also managed to come through in his e-mails; the short tentative sentences, the opinions expressed as questions, and the absence of capital letters.

I'll also miss the phone calls, always heralding a stimulating discussion, which began "I just wanted to try out some ideas on you". He was always the most calm and civilized friend and colleague.

-- David Manns

I got to know Anil quite well this year when he joined the Asia Management Group and came over to visit us often in the Far East. Anil spoke fluent Japanese and was quickly adopted as one of us. Anil was always humble and soft-spoken, but when he spoke, it was because he knew how to help. He would call me in HK at midnight NY time to talk about development project costs -- talk about dedication to Instinet! I joked with him that he must sleep with his computer so that he could respond to his email at all times.

When I heard the news about Anil, I could not believe it. It was only the week before that Anil spent a week in the Tokyo office with me and the Asia management team. I wished him a safe flight home. If only he had stayed longer in Tokyo office… I believe that Anil has been found and God has found him and is keeping him safe. He will always be with us in spirit and in memories. My thoughts and prayers go to his family and all in the NY office.

-- Julie Chew

I put together a photo book last year, August 2000, when a bunch of us were over in the Tokyo office preparing for the Tokyo Stock Exchange Membership implementation. If you look thru it, there is a photo of Anil with Fukushi-san, his "main man" in the IJL office. I always thought of Anil as the zen-master of exchange linkages.

There was a great deal of mutual respect and camaraderie amongst all the people shown here. Anil had dealings with all of them, and shared a meal or two with many of them. I'm sending the whole book, because I thought Anil's family might like to see what some of these folks looked like.

When I look at the expressions on these faces, the phrase "blissful innocence" comes to mind. Anil had a lot to do with that, by always conducting himself in a manner that was calm and quiet, yet commanding and confident.

My heart goes out to his family and to our family here at Instinet. Anil will be sorely missed. Wherever his soul is, I'm certain he is at peace.

-- Rene Dickens

Having been born in India, raised in Japan, schooled in California by way of Canada, and frequently visiting his family in Thailand, Anil was truly a citizen of the world, even apart from his duties at Instinet. But as head of the Global Exchange Linkages at Instinet, he took world travel to amazing new heights. Anil made the Europe swing, the Asia swing, sometimes five countries in five days, like a magistrate riding the circuit. I would joke with him that every time he went around the world west to east - NY, London, Tokyo, NY - he actually became a day younger.

Building linkages was what Anil was all about. The linkages between Instinet and stock exchanges around the globe. The linkage of people of diverse nationalities to form a global team. The linkage of the various tribes of Instinet; developers, sys admins, traders, business analysts, senior management, support groups, not to mention vendors and exchanges, to form cohesive cross-functional teams that actually succeeded and delivered.

Anil stressed the human side of the technology products he orchestrated. For every role in the project, Anil would ask, "how is this new thing we're building going to change your life". And then Anil would guide them, all of them, through those changes. To have that kind of influence, Anil needed to build strong relationships across all these diverse domains. Anil built these relationships on trust, honesty, integrity, and frankness. Apart from my wife, Anil Bharvaney was the only person on the planet that I trusted 100 percent.

As he raced through the time zones, it was like he never slept. He would chair meetings across three continents from his hotel room, at 2am local time, and be in the hotel lobby for breakfast by 7:30. If I sent him an e-mail, at any time, no matter what time zone he was in, I'd usually get an answer right away.

Back in the States, those of us left behind often met with "Anil-in-the-box", the speakerphone on the conference room table. Anil was extremely soft-spoken. The image of five necks craning across a conference room table, five ears attached to the speakerphone like petals on a flower, draws a warm laugh from anyone who's been there.

Once I was in Tokyo with Anil. The night before, we were dinner guests of Instinet Asia at the exclusive Sazanka restaurant atop the Hotel Okura. We were served a Japanese style meal called teppanyaki. It featured tables with embedded grills, with expert chefs cooking many courses while we looked on. The next night, Anil expertly navigated us through the labyrinthine Tokyo subway system. We emerged in Shinjuku, Tokyo's answer to Times Square. We walked a few blocks, through streets and alleys and went though a doorway, upstairs to a storefront restaurant. "Tonight we are having okonomiyaki", Anil informed me. We were led to a table. The table had an embedded grill like the night before, but it was a table for two, with no place for a chef to stand. Anil ordered for both of us - the menu was in Japanese, of course. Soon our waitress came. She heated up our grill and brought our food. Well, at least the raw materials for the food. Egg batter, beef, seafood, and vegetables. Anil cooked as I watched in awe. We ate. As the meal progressed, I watched him carefully. Sure enough, near the end of the meal, he told me it was my turn to cook. I tried, gingerly, knowing I would be rescued if I made too bad a mess of things.

In the many years I worked for Anil, he never directly told me what to do. Instead, he would ask me questions. Usually, if our thoughts were in sync, the process was short, and was simply an affirmation. But if we weren't in sync, he would ask questions to rein me in, back on the path, until the answers I gave made it clear to me what had to be done.

I was in London when the tragedy of September 11th took place. Going to the office the next morning, I made my way from the hotel to the Underground station. Instinctively, I went to the ticket machine on left wall just inside the station entrance, took out £1.50, and pressed the Zone 1 button. It dawned on me that even this most basic, everyday life procedure was something Anil had taught me.

In his bio, Anil's quote is "At first: figure out what is the right thing to do, then second: have the courage to carry it out". He told me that this was advice given to him by his father, and he truly lived by it. Having walked down many roads with Anil leaves me both honored and humbled. Most of all, I'll miss him, as a teacher and role model, as a colleague and as a friend.

-- Mike Meehan

Anil was a very gentle, kind and thoughtful person. He was greatly respected by all the staff in Asia/Pacific and over time had developed strong friendships with many of them.

Anil joined the Asia Management Group early this year and contributed a great deal. His wealth of knowledge and experience in the technology field, coupled with his unique touch in dealing with people and situations, proved to be invaluable; his sound reasoning and judgment were both an enriching and a sobering influence on us all.

Anil will be greatly missed by all of us.

-- Geoffrey Flynn

To Anilbhai, whom I met this year at Instinet in Toronto office: We were working together on the TOWER project to link the Toronto Stock Exchange. I have never met any one like him who is very knowledgeable, constructive and soft-spoken. When I started working with Anilbhai, I had lots of questions about this project. Anilbhai set me down in the boardroom and drew four boxes, put a few labels and gave me the full explanation of how stock exchange linkage works and what happens to order in TOWER. Yet to this date, even though I do not have any notes or diagrams, I still remember the whole picture and know how linkage works, all because of the way Anilbhai drew the simple diagram. Anilbhai had a very good knowledge and teaching technique. I do feel that how come I did not met Anilbhai years ago, I would have learned a lot more. Since I heard about Anilbhai and the WTC, I am hoping for a miracle at ground zero for Anilbhai 's return.

Anilbhai we all will miss you. In case if any one wants to know why I said Anilbhai, in our Indian custom we address any older male person with "Bhai" after the name. Thank U.

-- Girish Patel

I am personally very affected by Anil's departure. The other day, I was so troubled that I wanted to speak about Anil to another of my best friends, and I told him the following:

At my very first meeting with Anil (a conference call during my hiring process) I had a good overview of what my relationship with him would be in the next four years: honesty, trust, respect, interest in technology and a big problem to hear him over the phone.

I saw in the past years two faces in Anil: The technician who made his projects work and the manager of a large team. He was able to have a wide view of the industry and to focus on detailed issues.

He leaves behind him a group of team players. These individuals can only continue to act in the same way in the future. I don't know anyone who didn't enjoy working with him as he always took great care of individuals.

Only a few people in my life taught me that much, both in my professional life and in my personal behavior. Anil had a unique way of sharing his thoughts and methods. We all remember meetings with him, where he was introducing the issues, then everyone was speaking for hours, Anil staying almost silent waiting for the end to say "Hum, I have three more questions…" Simply the key points.

We became friends and started to share personal stories, feelings and taste for good things. We ended up meeting in all sorts of places ranging from Europe and to New York. Po and Anil never let me down when I was staying for the weekend in New York, taking me to Philadelphia, Princeton and other parts of New Jersey. On my side, I took great delight in returning the favour by showing Paris and those tiny places where the food and wine are highly recommended for the health.

What I was trying to explain to my friend is that Anil was a model and a friend for so many people around the world. The sum of our pain is unbelievable.

My friend concluded, "I wish I knew him, you were lucky you crossed his path"

Wherever your soul is, Anil, I'm sure that place is going to be greater. Au revoir, mon ami.

-- Alain Leroux

I am thankful that I knew Anil Bharvaney. I didn't know him for very long, but from the few meetings and emails I received from Anil, I admired and respected his kind and gentle manner.

Here is just one example of his leadership-

From: Anil Bharvaney
Subject: overheard...

I heard so many superlatives in today's meeting about how you folks managed the "unplanned" power outage at NFC, that i just had to say...

very well done folks!
ab

-- Kim Ngo

Although a while ago - maybe five years, I remember very well a warm evening in Paris and sitting outside a wonderful restaurant - the Moliere - with the French traders and Anil, whom we had persuaded to join us.

Although our paths rarely crossed since, I remember Anil for his warmth and friendliness to a group of relative strangers in a beautiful city on a balmy, innocent night.

Thanks Anil for joining us that night.

-- Charlie Guy

My greatest memory of Anil and the merry team he led is as follows:

During my time in Hong Kong, we were working with Anil and his team on building a Direct Link to Australia and or Japan. It was mid-late morning Hong Kong time, which meant Anil and his team were up late at night in NY. I think they were working from someone's apartment and we had a great time joking that we could hear the refrigerator opening and chips being crunched as he and his team attended the conference call. those on the Far east end. I certainly noticed the effort of he and his team to work at ANY HOUR of the night to help achieve our goals and build our vision for Instinet in Asia. Although he worked more closely with others than myself, I immediately got to feel the true dedication to his work and the effort he received from his team. The quality of the exchange linkages built around the world were a real tribute to his knowledge and most of all his willingness to work as a team.

Anil always had a good smile for me and was always the most pleasant man in an ever demanding environment I will truly miss his smile.

--Rick Goldenberg

I didn't know Anil that well as I never really worked for or with him, but I did attend a few meetings with him. I was surprised that he remembered my name and always had a friendly smile to give the few times we bumped into each other. He always spoke with such confidence and clarity and seemed to know how to help people reach a compromise. He too will be dearly missed.

-- Scott Kravatz

Anil has meant a lot to me and to a lot of people that have worked closely with him. I remember when I first joined Instinet the team was small. It was only Anil, Sutapa, Mike, Steven and myself. We grew from 5 people to 80 plus.

Modesty: I remember one of the first times we went to Tokyo together for the Tora project, our Head Trader in Tokyo asked Anil to do a presentation to all the traders in Japanese. Anil was very reluctant to do this but eventually agreed and presented to our Tokyo traders. I asked him afterwards why he was reluctant, and he would say in his own modest way that his Japanese was not fluent enough. A couple of years later after I got closer to the Tokyo employees, the topic of Anil's Japanese came up. Apparently his Japanese was perfect.

Leadership: At Instinet we have many leaders, but Anil was special. The only way I can describe it was I felt that he was a leader of leaders. Anil would lead by example with his hard work and knowledge, but once he felt people were up to speed, he would let go. Anil would take control of situations when he needed to and be the final decision-maker. Anil would listen to what everyone had to say, even if we were going in the wrong direction, before he explains to us how wrong we are. Anil was always soft-spoken, calm, cool and under control. He would always take time to groom the leaders of the future and explain to us how to become a leader. The most important aspect to me was that in the 4 years I have been here, he has consistently led our group to success in the US, Europe and Asia.

Hard Working: It is amazing how many hours Anil worked. It always seems like he worked 24 hours a day from here. I normally had my 1x1 meetings with Anil every other Wednesday morning Hong Kong Time, which is the evening in NY. These meeting always lasted longer than they really should, but I think we both just enjoyed the conversations over the phone. These meeting normally ended when one of us realized that it was way too late.

Mentor: Approximately 3 years ago I had a long conversation with Anil to discuss my career growth and goals. I had an interest in moving into management and wanted to explore the position of heading the Asian Exchange Linkage. After conversations with various people, he agreed to mentor me into that position. One year later I relocated to Hong Kong on a 2-year contract to head up the Asian Exchange Linkage group.

His way with people is a real unique skill. His approach at teaching, coaching, listening is a very special skill. I feel very lucky to have had Anil be my mentor.

-- Thomas Mok

It is hard to me how words I can say to him for now. He was here in Japan in the previous week of the one of the tragedy in US… why didn't you stay over here? Why were you there at 105F? Why didn't you move to the Japan office last year? We deeply miss you a lot. You are the only person well understanding our requirement and familiar with future plans for the Japan office. Let's talk them over again when you come back.

-- Makoto Kanda

When I started as an intern over a year ago, Anil was one of the first people I met here at Instinet. He was my best friend's uncle and so I went to see him. I found him to be incredibly down to earth and approachable. He was somebody who made you feel instantly at ease. We talked about books, work, school, his niece, and the rest of his family. I remembered that he enjoyed "Einstein's Dreams". I would send him silly pictures of his niece and even though he was extremely busy, Anil never failed to reply to an email.

I also remember the day we took the photos for his INsite bio. People came into his office to watch this impromptu photo session, and it was obvious how well loved Anil was. I've never seen his door closed. They called these his "mug shots" though anyone who knew him also knew how gentle he was.

Anil was truly someone special here at Instinet.

-- Tracy Chin

Prior to representing Instinet in Belgium and Luxembourg, I was working for Tradeware, an order routing software company in Belgium, where Anil had been several times.

I remember Anil as a very bright and charismatic person. We indeed had the chance several times to have dinner together to share Belgium and US experience. He explained me also how everyday he took the train with Bernard Finzi to get to work, to let me imagine what is life in New York City. Thanks to him and also some other people, I work now for Instinet. He convinced me about the creativity and the look for new technologies that Instinet can undertake to be successful.

I remember also a man of great culture and devoted to his work. I also remember driving him from Waterloo to Brussels and he fell asleep next to me, due to the so many jet lags he had to meet! We discussed that day about the BMW 7 series of his wife.

I will always remember Anil as an example for many of us.

-- Frederic Goblet

I've never worked for Anil, or even closely with him on any projects. He was always off on a business trip, and I'd be surprised to see him in his office (and sometimes disappointed, when I was hoping to use it for a spontaneous meeting).

But his essence was clear to anyone who had been in the same room with him for more than a minute. He was quiet, composed, untroubled. In an industry where histrionics are commonplace, he stood out as a foil, and a gentle reminder that success doesn't require emotional gyrations or table pounding.

My guitar teacher once told me that the truly great guitar players hardly move when they play in the studio, or they simply rock gently to the beat. We've all seen the "Boy this is hard!" expression on a guitar player's face when performing a solo. It may add to the performance, but it doesn't add to the music.

Anil made it clear that our jobs aren't really hard, or pressured, or frenzied. We simply choose to respond that way. With effort and practice, we can break the habit.

I was hunting for a disaster recovery phone number on INsite the morning the WTC was hit. I noticed that Anil's bio had been posted, and went and read it, though I had no idea he was in trouble at that moment. Go and read the quote at the top, they are truly words to live by. I know they helped me get through that day.

-- Andy Velwest

I only met and spoke to Anil for around 5 minutes some two years ago but still have the clear and distinct memory of a very calm, intelligent and inspiring man. It is a sad loss that he is no longer with us.

-- Lyle McAleese

I met Anil on June 9, 1997, when I was interviewing for a job at Instinet (I had flown from Athens, Greece, to London for this interview on a day trip). I started working at Instinet in London on July 1st 1997 and as time went by I was interacting more and more with Anil as I was working on the European exchange connectivity team.

Anil was a Great Mentor to me and this is how I will always remember him. He knew how to praise, how to advise, how to encourage, how to point out mistakes. He had his own way of doing this, just by saying a single word or by asking a single question. Even though I left Instinet 1 1/2 years ago, I often think of him and of the lessons I learned working with him. Whatever I achieved at Instinet, a great deal of it was thanks to Anil.

I remember a little 'incident' which at the time was very embarrassing for me, but later, whenever we were discussing it with Anil, we had a good laugh about it:

It was in the early days of the exchange connectivity projects when every new project was big news. And obviously any outage was a serious business issue (well, the latter is always the case, I guess). Anil was in London in one of his trips around Europe. On that day we had a problem with our Frankfurt Stock Exchange Connectivity project which had to be resolved otherwise there would be a serious outage the following day (to the IT people this means that there was a problem with Autosys and FORE would not start the following day).

Anyway, I worked with Anil on my side and with Thomas Mok on the phone from NY and we managed to sort it out by 22:30 London time. Satisfied with the successful results we decided to head off, Anil for his hotel and me home. I knew that Anil was staying at the Tower Thistle most of the times, which was a 3 minutes walk from the London office. So as soon as we were out on the street, I hailed a cab, hopped in, said goodnight to Anil and headed home.

The following morning I realized that Anil was NOT staying at the Tower Thistle that time. Instead, he was staying at the Waldorf, which is a 10 minutes cab ride from the London office. I had done the biggest mistake I could make. I got first into that cab and headed off and left Anil alone on the street in the middle of the night.... I was so embarrassed.

Anyway, Anil did not resent it. He never would. But we often used to mention this 'incident' to each other and to other colleagues as well and always had a good laugh about it. I will miss him.

-- Marinos Pappas, Goldman Sachs

We are wishing you a sincere sympathy for the loss of Anil Bharvaney and Steve Tompsett and may the lord be with you in your moment of sorrow and grief. May he give you strength and courage to tackle your trials and problems. God bless you.

I met Anil first time in Toronto, this was in June 2001. We were working together on the TOWER Project to link Toronto Stock Exchange. We had lunch together and spoke about music, culture, and hobbies. You sure will be missed in my heart.

Thank You

-- Guru Ullalkar

In the short time I have known Anil, I got to see a master at work. He possessed the rare combination of people, business and technology skills any organization would grab. I was enjoying the relationship I had with this gifted person and was looking forward to learning much from him when this tragedy stole that opportunity from me, from us…. I too pray that, God willing, a miracle will find him alive.

-- Charlie Abraham

Like so many others who were drawn to Anil by his leadership, courage and warmth, I am deeply grieved and bewildered that he was among the ones that suffered in this unexpected tragedy. I have worked as Anil's assistant for three years and I cannot bring myself to believe that he is gone. I guess God needed one more angel to help him up there. Anil will always remain very much alive in my memories as I sincerely loved and respected him and I feel privileged to have worked for him. My thoughts and prayers go out to his family.

-- Indy Vishnudat

It is hard to find words to express my feelings as to the fate of Anil and Steve. My whole life at Instinet has been spent working closely with both of them, particularly Anil. They have both acted as guiders, mentors and sourses of inspiration for me since I started here over 5 years ago.

The two of them will forever live on in spirit. For as long as I work and breathe, Anil and Steve will remain my backbone and I will strive to serve the memory of them both well in my future life. Their words of wisdom will never be lost. Our thoughts and prayers are with their families.

Anil has been with me every step of the way since he joined Instinet. My first ever experience of him was via a telephone conference with the SWX routing project. My then boss, Kay and Anil were having a disagreement over something or other. The bizarre thing was that they seemed to be resolving it by staying absolutely silent on the phone for 10 minutes or so. This turned out to be a regular fixture of these meetings and when I later spoke to Anil about it, he said that this was nothing compared to some of the one-to-one calls they had where silences of 45 minutes or more were not uncommon. Many would no doubt wish I'd taken in this lesson and remained silent during meetings but I guess it is one thing that is always going to be out of reach for me.

Suffice to say, this project was a success and I went on to work with Anil on every other project I have ever done at Instinet. He always took the same painstakingly thorough, methodical approach to every piece of work. He never criticised or disagreed: his tact was always to get you to question your decisions or information. He never balked a difficult conversation or challenge but always faced in head-on with honesty and forethought, always taking the sting out of an outraged trader or adding light to the grey areas of the unknown. The only downside to Anil was trying to hear him over the phone - I forever had to ratchet the volume up as far as it would go to hear him and then pay the price on the next call (hoping to God it wasn't going to be Steve!)

Anil worked amazingly hard and was one of the few people who always seemed to read and comment upon every document that was churned out. He always asked the right questions, both in terms of getting the necessary information for him to add further comment/thought or to help you do the same. He had a great ability to always look at issues from every perspective and had the patience of a saint when trying to get others to see the same. A great tenet of Anil was to always take stock, check the facts, pause for thought and then do what is in your brain and heart as being the right thing.

A year ago, Anil became my boss and it was one of the major things that kept me at Instinet. He was a true mentor who always provided the canvas and paints and allowed you to paint the picture in your own way (with some helpful hints, naturally). He gave me the confidence that I didn't have that I could do the job and that it was the right thing for me to be doing. He made me see that mistakes were not damning finalities, but necessary steps on the voyage to enlightenment. The trick was always to analyse and learn from them: not be afraid to face up to them. He encouraged us to take responsibility and give everything your best shot.

Anil was also a person that only ever saw the good and the potential in people. He never gave up on someone, rather, he tried to build on their strengths and help them mitigate their weaknesses. He always had time for people (even into the early hours of the morning), no matter how busy or stressed he was. He had a genuine open door policy that was proven by the number of people who took advantage of it.

It is really no surprise to say that I have always seen Anil more as a great friend cum benevolent all-wise Uncle than as a boss or colleague. I'll never forget the fact that he came all the way over to the UK from New York with Po to be at my wedding. A couple of our friends were due to drive him and Po from London to the wedding itself. However, one farce led to another with the end result being Anil and Po being taken on a mad dash against the clock across the countryside on train and foot. They eventually got there in the end and so began Po's love for Pimms (a fact Anil constantly reminded me off every time he trudged through duty free at Heathrow!)

I never quite knew how Po (or Champagne) managed with him working all hours and jetting off around the world at the drop of a hat for weeks on end. He would often talk about Po whilst away, telling various tales of their life together and their respective families. I think Po knew what he was like from the outset as he mentioned that shortly after they were married, all that Po saw of him for the first few weeks was the snoring form of his back. As ever, Anil had a ton on at work and was having to work ridiculous hours to get things done! He had a wish to get to grips with Chinese as he felt he could understand what was being said when Po's family was around but could never contribute! His other favourite topic was always the cat and what new tricks he'd gotten up to and what his new hiding places were.

Anil was a very unique and special person who I will always miss. I cannot measure the influence he has had over both. His like are very few and I guess the only bonus is that I got to meet and work with Anil for over 5 years: a blessing that I will always be grateful for.

-- Aubrey Lomas

My best wishes and prayers for Anil and his family. I have worked with Anil several times and have great respect and admiration for him.

God Bless.

-- Frank Wolf

I had the great pleasure and fortune to know and work with Anil ever since he joined Instinet back in May 1996. I worked with Anil on numerous market data, exchange linkage, exchange membership and other trading projects over the years, mainly in London and New York but we also traveled to other cities together including Paris and Amsterdam.

In business that Anil devoted so much of his time to, I soon learned that he was extremely thorough and seldom forgot a single detail. But more importantly, he acted as a mentor and leader, he always had the time to listen and advise, and never stopped asking if he could help me. I have a lot of happy memories of my time spent with Anil, from debating crazy stock exchange rules with the exchanges, to sharing Anil's taste of fine cuisine around the world, to our chats over drinks, to the times when Anil showed me around some of Manhattan with Po. I have so much to thank Anil for. What I learned from Anil will live on with me forever. My thoughts are with Po.

It is so apt that Instinet is arranging the memorial for Anil on "All Saints Day", that says it all.

-- Bill Laverack

The ELG department head that spoke softly, who traveled around the world to increase business and market share for Instinet. It seems as if sky is the limit to what you can do. Your achievement, dedication and contribution to Instinet will be always remembered. So much still lies ahead of you... It is unfortunate that I did not have a chance to get to know you better. I only learned what I can from your colleagues...

-- Nerae Lee

Anil and I worked for many years together, basically for the entire time he worked for the Instinet Corporation. Though I didn't work for Anil directly, we did share a lot of projects in common based upon my knowledge and experience in working with the main trading system. As a result, I had the opportunity to get to know and admire Anil for the person he was.

If I had to come up with a one-word description of Anil I think the term I would use would be gentleman. Not as in its usual context, that of someone who treats women with respect, but rather as in the combined meaning of the two words, for he was truly a gentle man. In all the time we worked together I cannot recall Anil ever getting visibly angry at anyone or in verbally showing frustration in anything but a calm and controlled manner. Also, having been in the industry for quite a few years there are few people (myself included) who can maintain that level of calm and composure in the face of the many irritations and anger provoking incidents that are part of the environment. I really can admire that in someone, and especially in someone who is managing people. It makes working for and with the person a pleasure, even when things are intense and deadlines and temper short.

Anil also had a very easy sense of humor that made being around him that much more of a pleasant experience. Though he was by no means as quick to the jokes as some people are, he would often quietly make humorous observations about something going on, including about himself, and then share in the laughter. He also was quick to laugh and appreciate the humor of others in looking at what otherwise might be a tense situation.

From fellow workers who worked for him and from my own observations Anil also seemed to be fair with his people. Although he himself worked tirelessly, working long hours and travelling a great deal of the time, he never seemed to pressure the people working for him to emulate his behavior. From what I could tell, he seemed to want people to have lives outside the office and didn't want to unnecessarily impact them with unneeded emphasis on long hours in terms of performance. My opinion is this was a sign of a much more enviable trait and that was "respect". Anil respected his employees as both workers and as people and thus did not feel the need to "force" productivity by demanding long hours. He trusted enough their self motivation and discipline to get the job done so that he did not resort to coercion to get results. I do know this was much appreciated among those who worked for him. He also tried to get his managers to embrace this culture of respect, too. This was reflected in the small things, like encouraging managers to give thanks and other forms of praise for jobs well done or in having budgets for managers to take their people out for a group meal on a regular basis. It also was in a more major way, in trying to have his managers credit the people who had worked on a project and performed successfully, rather then in taking the lion's share of the credit for themselves.

My one direct experience with him that touched me was rather recent. Anil was supposed to take over the responsibility for the group that I work within and he made the effort to come and talk to me about how I felt about the change. As it turned out, it was not a problem for me as I obviously had a lot of respect for Anil and looked forward to working as part of his organization. However, it was the effort that touched me deeply. I have been at Instinet for the past 12 years and have been through many restructurings and layoffs and other disruptive incidents. This is one of the very few times that anyone has ever shown me the respect and courtesy to see how I felt about whatever was going on. Anil didn't have to do this, since in effect I was not directly affected by the change, but that showed me the kind of person he was and the kind of respect I could expect from him in the future. Needless to say, I was quite moved by this gesture once I thought about it a bit.

People like Anil are extremely unique and rare in my experience and I shall miss him personally and professionally. He leaves a very empty hole in the organization both professionally and personally that cannot be easily filled or accounted for. I feel myself lucky to have worked with a special person like him and am glad that I will have memories of him to hold onto going forward and I know I share this with a lot of people from here.

-- Bill Defilippis

It's been a long weekend knowing that one of Instinet's most enlightened and employee-focused managers will not be returning to work. He truly exemplified the desire to lead people into a bright future. And he lived his values of wanting to continually learn and lead others. This man has left a powerful example that I plan to follow and that we can all carry on to serve others.

-- David Bauman

I have had the pleasure of providing technical support for Anil. He is a role model for me professionally and as all an all around good guy. I will be profoundly changed by the loss of so many friends, but I gain strength in the knowledge that this City and this Country will rise from the wreckage with renewed spirit and strength to carry on. WE SHALL OVERCOME. GOD BLESS US ALL!

-- Scott Weber

I remember meeting Anil Bhavaney briefly in March of 2001 - an instantly likeable person with a gentle disposition and a warm smile that could cheer up anyone. The kind of person one is glad of having had the opportunity to meet. I am sure he will be missed by many...

- Anil Paulose, Bloomberg

Let me introduce myself first. My name is Mitsunori Fukushi and I am an employee at Instinet Japan Limited. I joined Instinet just 3 weeks ago. But I know Anil from before because this is the second time I work for Instinet. The first time was from May 2000 to March 2001, I worked on the Tokyo Stock Exchange linkage project under Anil. The second time has just started from the October 1st. I am working on a project that Anil and Bernard created. The project is to build a middle office system that will be used for client reporting.

On September 5th, it was about 5 months after I left Instinet, I met with Anil for dinner. I was waiting for Anil at Hotel Okura lobby. While I waiting for him I was thinking of various things. The topic on that night was "my returning" to Instinet. In the beginning, I was thinking in this way.... a person like Anil, whom I respect so much, who looks very strict on work may say that "Whatever the reason was, one should not return to the same company, once you made the decision and you left." I continued thinking in my imagination. As time gets closer to the appointment time, I found myself enjoining the time I was waiting for Anil. I realized that I had my mind getting calm. He has something special with his atmosphere and with his big and round appearance.

Almost on time he came to the Hotel from the office that is close by. When he found me, he smiled with his usual smile and talked to me in Japanese. "How are you, Fukushi-san? Please wait for a little while, I go upstairs and leave my bag in the room".

We went to a restaurant I picked. On the way to the restaurant, in the subway, when walking, we kept quiet, which was as usual with Anil. We arrived at a Japanese style restaurant. There they serve deep fried meat, seafood and vegetable on stick.

In the restaurant, we were different. We talked a lot. And it was the first time I spoke Japanese with him for all the time I was with him. He talked about what is necessary and missing at IJL. He talked about his thoughts in the past and for the future. He also talked about his wife and his plan to take her to Kobe, showing places to visit, showing places where he grew up.

Somehow, I tend to remember very casual conversation more vividly. One thing is this, when we heard a Jazz music in the background music at the restaurant, it was the famous "Moanin" by Art Blakey and Jazz Messengers. Anil asked me "Why in these days this kind of Japanese restaurant have the 60's JAZZ music playing? Is it in fashion?" Another thing is that, seeing an advertisement of Japanese "Sake", he saw some deformed Chinese and Japanese letter and he asked, "How do you read that?" It was the alias of that liquor meaning "bottomless (barrel)" I believe it was the only word he was not able to read. For a fairly long time I enjoyed talking with Anil.

When we got out of the restaurant, I said to Anil "Anil! I have decided. I would like to work with you, work for you again. If it is possible, please make some arrangements so that I could come back to Instinet!". Anil smiled and agreed to do so.

In these days I try not to think of the tragedy but when I have the chance to go to the Hotel Okura, I look at the same chair on which I was there, I try to see myself on that chair when I was waiting for Anil. Some people around me said that we have lost a great asset, not only for the company but also for the world. I really think so too. I will never forget of Anil who talks in a small voice but everybody try to listen to him very carefully. I will continue working for Anil at the Instinet Tokyo office.

-- Mitsunori Fukushi

I'm still very much struggling with the loss of Anil. While hope remains, the likelihood of ever hearing Anil's quiet calming speech is low. I always had respect for him with the way he presented himself in a dignified and calm manner, and how he was able to give a down-to-earth perspective on things. He is genuinely a great guy, and that's the part I'm going to miss the most. God bless you Anil.

-- Eric Ballentine

Although I never got the opportunity to work one on one with Anil, I had the chance to admire his skills often during the year we worked together. He would capture the room when he spoke. I loved watching the dynamics in the room it was amazing, for when Anil began to speak, everyone leaned forward and listened, not just because he was soft spoken, but because when Anil spoke it was always worth listening to. You learned something from his insight into the situation or he led the person in the right direction to solve the issue at hand. He never took credit for himself, he just made it happen. Thank you Anil for steering us in the right direction. May your whispers be always at our side.

-- Kathy Colloton

Even now, more than a month after the September 11 tragedies, it is hard to make sense out of all that has happened. We question how man can come to hate so much and how far that hate will take them. We look at those who have lost so much and wonder how we can help. We watch the heroes work without rest and want to lend a hand. We finally see each other as part of a family and our support unites us. We watch our world grow angry and wonder when peace will come. We look at our own lives and take stock in on what truly matters and what will last, and not what we once thought was of value, but was only a passing fashion or material diversion. It is difficult to find joy in the simple everyday things we once took for granted. It is difficult to let life get back to normal.

Steve and Anil touched so many lives here at Instinet. While one spoke with a booming voice and the other just above a whisper, both men commanded the respect, admiration and dedication of those who worked along side them. I learned a great deal from both Steve and Anil. A lot was business and technology related, but most were life lessons. Respect those who work with you, teach and nurture, work hard but take time to enjoy yourself, be true and fair, above all family-family-family. I think I'm a little smarter now, but I know I am a better person for having known Anil.

My prayers are with their families. God bless Anil.

-- Christina McGuigan

When I think about Anil - after the overwhelming sadness of missing him washes over me - I always think of him as a tower of strength. Anil was always there for anyone, and always provided the most thoughtful and incisive and supportive responses. His quote line in his INsite profile is really perfect: "At first: figure out what is the right thing to do, then second: have the courage to carry it out." Anil always did sought out the right thing to do, without regard for the impediments; and he had the courage to carry it out, even if he couldn't do it all at once. This strength was so unusual, and his focus was so keen, that it was a real privilege to watch him work.

Farewell, my friend. I miss you greatly.

-- David Allen

I first met Anil when Steve asked me to interview him. At that time we were looking to staff a position in the exchange linkage development area. I spent one hour or so with Anil; the breadth of his knowledge and experience impressed me; I was pleasantly surprised to learn of his complete fluency in Japanese. We had recently opened our Tokyo office and I could foresee interesting potential here. After Anil left my office, I did two things. First, I called Steve and told him that we had to offer the job to Anil - Steve had of course already reached the same conclusion. Second, I made an appointment with my otolaryngologist. I was relieved to learn from him that there was nothing wrong with my hearing - "maybe you have been conversing with someone who is very soft-spoken", he told me. Soft-spoken, Anil, indeed!

Anil joined Instinet soon after, and started his journeys within Instinet (that's the "course of life" connotation of journey) and his journeys around the globe (that's the "traveling" connotation of journeys).

His journeys within Instinet led him from his initial assignment to new ones, to new areas of work, to increased responsibilities - the price one pays for being so good at one what one does, as was Anil.

His journeys around the globe followed the path of the expansion of Instinet in Europe and then in the Asia/Pacific region - Anil contributing to the success of this expansion through the systems and applications he and his teams put in place in our offices worldwide.

I was fortunate to travel some of the way with Anil, to share with him experiences and moments; to learn with him and from him as we were discovering new markets, new technologies, new people; and equally to enjoy the places where this work would take us. Here are a few remembrance from this aspect of Anil at Instinet. Extracts from my travelogue would include train travel - of course the frequent rides on the New Jersey Transit between Princeton and New York (we live not far from each other), in our case using this travel time to extend the working day by a quiet hour; other train rides in more comfortable and much faster trains in Europe - the Eurostar between London and Paris or Brussels, the Thalys between Brussels and Paris; my travelogue would of course show air travel, perhaps a picture of the United Airline Lounge at JFK where a couple of armchair probably still keep our imprint, Anil and I waiting for the departure of the Tokyo flight - a trip we made frequently in the past few years. Occasionally we could even be seen on a boat, for a more leisurely trip - a ride on the Discovery Bay ferry between Hong Kong and Lantau Island, invited there for a Saturday evening dinner by Rebecca and her husband Bruno; or a somewhat agitated ride in a fast-moving water taxi in Sydney Harbor, from the Rocks to Rose Bay, where David Horsfield would treat the team to dinner at a seafood restaurant. Talking of restaurant, I am reminded of the celebration of the implementation of the link to the Zurich stock exchange, which took place in a restaurant set up in an old building, a large hall filled with armor and weapons on the wall - muskets and SWORDS - the name of the link to SWX being … what else … SWORD. Need I add that this was a beer hall? I am also reminded of a quieter evening on the Grande Place in Brussels, at a dinner with Jean Marc, just about one year ago, as part of our Tradeware (European version) initiative. I am reminded of all these small local places in Tokyo which no one but Anil or a local could actually negotiate, but also the not so small Okura Hotel and its Sunday night buffet which used to host Anil and his staff during the implementation of Tora last year

My travelogue would also show picture of moments of quiet enjoyment and of cleansing the mind from the too often overwhelming workload. I fondly recollect two such moments in particular. One evening, after many long days of hard work, rather typical of the schedule Anil kept, we decided to take it easy and we treated ourselves to Mozart's opera Idomeneo at the Sydney Opera House - marvelous singing and wondrous music in one of the architectural marvels of the 20th century, overlooking stunning Sydney Harbour. Anil did enjoy Opera, yes, but jazz was his preferred music form. During a recent trip to Tokyo, just this past summer, Geoffrey Flynn, having learned of Anil's keen interest in jazz music, booked an after diner table at the Blue Note Jazz Club of Tokyo, where we enjoyed one hour of a piano trio with an amazing percussionist regaling us with all sorts of rhythms and sounds. That session ended in time for Anil to return to the hotel and get on his weekly call with his management team - 10:30 in the evening in Tokyo, the team in New York at 9:30 that same morning, hunched over a speakerphone and thus carrying on their business. 

ANIL. A-N-I-L  

A Noble Intelligent Leader.

Noble - as "one who has outstanding qualities" - as" characterized by superiority of mind and character" - and this in a quiet, modest, almost subdued manner.

Intelligent - not only quick perception and understanding in the domains of his professional activity, but also a generous interest in all things of the mind, an easy interaction with people at all levels, a clear vision of goals and how to reach them and a remarkable ability to communicate these to those around him.

Leader - soft spoken but strong willed, exemplary, surrounding himself with men and women whom he could trust - guiding them and then relinquishing responsibilities to them - growing the people around him son that he could himself continue to grow and deliver more.

Anil has left an indelible imprint on many of us around the world. A few weeks ago in Tokyo, at the end of a successful working session with the local team, Anil's friend Fukushi-san said: "I feel that Anil was with us just now". He was right. What Anil has left with all who worked with him lives with and inside each of us - will be living for a long time.

Anil, good friend, farewell.

-- Bernard Finzi