Martin Taylor joined LCH as Interim CIO in June of 2006, and was appointed Group CIO in January 2007. He has worked in IT all his working life, starting with British Airways in 1976, then a decade at Mars in the 1980′s including a year in the USA driving MRP enabled change in US manufacturing plants. On his return to the UK he was appointed Group CIO at Courtaulds plc, initially reducing cost in the UK, but spending much of his time in the Far East getting a common approach to IT in that region.
In 1996 he was appointed Group CIO at EMI Music plc and took that business through year 2000, the challenge of the Internet, the dawn of digital downloads, and planned for two mergers neither of which happened for regulatory reasons.
In 2001 Martin commenced portfolio work with a mix of personal investment, consulting to Paul Allen’s European private equity business, and a Non Executive position on UK Governmental Police and Security IT Boards. He returned to the FTSE 100 in 2003, as Group CIO for Cable & Wireless plc to help turn round the business. Insourced IT from IBM, exited the USA, revitalised the UK IT operation by consolidating datacentres and refreshing the infrastructure, and insourced Billing in the International division to radically reduce cost and give a common billing solution in that very competitive marketplace. By 2006 the two components of C&W were restructured into two independent divisions with cost effective IT.
LCH.Clearnet is the leading independent central counterparty (CCP) group in Europe, serving major international exchanges and platforms, equity, exchange-traded derivatives, energy, interbank interest rate swaps markets and the majority of the Euro-denominated and sterling bond and repo markets.