Fintech Fidessa has recruited interim specialist Mark Lockton-Goddard as its CIO. The CIO has joined the London headquartered organisation as interim CIO following a role with University Partnerships Programme.
Fidessa provides financial services organisations with software platforms for trading and investment management for both the buy and sell sides of the sector. The platform transmits £20 trillion per annum.
Lockton-Goddard has specialised in and enjoys the interim CIO role, a position that is growing in popularity amongst business technology leaders and hiring organisations. The CIO entered the interim market in the summer of 2014 having been Global CIO for London headquartered recruitment giant Michael Page, where Lockton-Goddard was a board level CIO from 2012 until 2014.
As an interim CIO Lockton-Goddard has been at the helm of a diverse range of organisations including Drax Group, the energy company that in early 2017 appointed James Robbins as Group CIO. Lockton-Goddard has also held interim roles in technology organisations such as CSR the Cambridge based Internet of Things pioneer and one of the newest sectors to enter the economy, student accommodation services with interim roles at Unite Students between 2015 and 2016 and lately University Partnerships Programme.
“An Interim CIO adds value because they have seen lots of different ways of addressing challenges and ‘skinning cats’ from different businesses and sectors,” Lockton-Goddard said. This makes the role extremely valuable and impactful.” He adds that an interim brings less sector based experience and more of a “business focus and outcomes approach”.
Pat Lynes of interim teams specialists Sullivan and Stanley told this title’s Horizon CIO podcast that organisations often favour an interim CIO as “change is getting harder and organisations are looking for a quick fixes and that is increasing interim opportunities”.
Speaking on the same podcast recruiter Kersty Bletso added: “The perception of interim changed in 2008 when the wheels fell off the economy. An interim has a licence to tell the truth.”
Fidessa recently reported that pre-tax profits for the first six months ending on June 30, 2017 had increased by 14%, with total revenue increasing by 12% and recurring revenue growth of 15%. A FTSE 250 business, Fidessa can trace its roots back to the 1980s.