IOOF's veteran CIO takes his leave

Long-serving chief information officer at financial services firm IOOF, Andrew Todd, will take his leave after almost eight years in the role to join ASX-listed finance software provider IRESS.

Andrew Todd

Todd will start his new role as chief technical officer at IRESS in January next year.

He replaces David Walker, who has served as IRESS CTO for the last 15 years as part of an almost 21-year career at the solutions provider.

From next year Walker will work part-time as IRESS' chief architect, focused on the technical design and architecture of IRESS' systems and solutions. 

IRESS CEO Andrew Walsh said Walker had played a critical role in the firm's growth and success to date.

"We are pleased to have retained David's skills and experience within IRESS as part of a smooth transition," he said in a statement.

Todd's appointment in the CTO role is the culmination of a global search, IRESS said. It cited his "strong track record in technology and delivery".

"We are delighted Andrew is joining IRESS," the firm said.

It will be the first foray into tech vendor land for the CIO - his experience includes stints at Standard & Poor's, Volkswagen Financial Services and Australian Wealth Management.

Todd's most recent achievement at IOOF has been a complete rewrite of the firm's core platform to a microservices architecture, to provide greater flexibility and enable the firm to react faster to new opportunities.

IRESS opened in Australia in 1993 offering specialised software for market trading, and has since grown to include offices across Asia, Canada, New Zealand, South Africa and the UK, with a suite of broking, financial planning and investment management products.

More to come