Joe Fernley

LinkedIn

Senior Technology Leader

Accomplished global technology leader with over 25 years' track record inspiring and empowering teams to drive transformative change in financial services.



EXECUTIVE SUMMARY

Exceptional track record delivering transformational technology change across a number of financial services firms, most recently leading technology transformation at NatWest Markets. Prior to this at Macquarie, creation and subsequent delivery of the architecture and roadmap for a new cloud-first front-to-back strategy.

Combines a unique blend of technical and business expertise with the ability to effectively bridge the gap between technology and business stakeholders.

Provides inspirational and empathetic leadership of large global teams across financial services technology. Ardent supporter of diversity and the value of diverse teams. Led by example with a diverse leadership team and achieving a staff engagement level that surpassed industry standards whilst at Macquarie.


CORE COMPETENCIES


PROFESSIONAL EXPERIENCE

2021 - NatWest Markets, London (roles as below)

2024 - Transformation Lead, NatWest Markets

Recently appointed as Head of Transformation within technology across Markets, delivering strategic initiatives to modernise and streamline our technology applications and infrastructure. Primarily responsible to drive the transformation agenda, focusing on application and hosting simplification whist working closely with the business to deliver sustainable growth and efficiency.

2023 - 2024Interim CIO, Head of Markets Platform, NatWest Markets

Six-month interim CIO role overseeing all technology aspects of the business. Primary focus on ensuring production stability and operational excellence, complemented by the ongoing development of our emerging technology strategy.

Prior to stepping into the Interim CIO role, assumed the position of MD and Head of Markets Platform, leading technology for the systems underpinning Front Office Trading and Capital Markets globally.

2021 - 2023Head of Portfolio Management and Transformation, Front Office Solutions Technology

Spent first two years at NatWest as a consultant leading the whole transformation and change portfolio across FO Solutions Technology and assisting the tech lead. Key projects include a significant application simplification and technology transformation, a Murex proof of concept study, multiple cost efficiencies and business deliveries and leading the ESG initiative for technology.

2016 - 2020Macquarie Group, Hong Kong, Singapore, London (roles as below)

Managing Director across a number of increasingly broad technology roles - strong business and technology relationships resulted in continually increasing responsibilities. Global responsibilities with strong Asia-Pacific focus.

Took family decision to relocate to London and left Macquarie after successful delivery of final regulatory change of SFTR on new cloud-first platform.

2018 - 2020Global Head of Trade Services Technology, Singapore, London

Responsibility for the full front-to-back trade flow including manual and electronic trade capture through to cross-asset settlements, payments, confirmations and regulatory transaction reporting with a global team size of 350 staff.

2017 - 2018Global Head of Financial Markets Technology, Singapore

Led technology for the Financial Markets businesses in Macquarie: Equity Derivatives and Trading, Fixed Income and Currencies and Credit Markets. Continued to own all of tech for Equity Derivatives and desk based tech for other asset classes. Completed agile transformation for local team.

2016 - 2019Asia CIO, Hong Kong, Singapore

Regional CIO and senior technologist representing Macquarie to local entity branches and the regulators in the region. In addition to line responsibilities, represented all regional technologists in other divisions and infrastructure.

2016 - 2019Global Head of Equity Derivatives and Trading Technology, Hong Kong, Singapore

From joining Macquarie until late 2019, head of technology for warrant market making, arb trading and equity finance and derivatives businesses globally, based initially in Hong Kong then Singapore.

2014 - 2015Invesco, London
Consultant, Trading Technology

Interim role advising and reporting to the CIO for Trading Technology. Provided relationship management, advice and technology consultancy and delivery leadership to Invesco’s Global Trading head and team and the Equity and Alternative Investments technology team.

2011 - 2014Barclays Wealth and Investment Management, London
Global Head of Charles River Technology

Revitalized a 100-member buy-side engineering team with a dynamic sell-side approach, taking ownership of all technology aspects for the Charles River vendor platform and team. Led the implementation of portfolio and order management solutions for bankers, investment managers, and traders. Inspired, coached, and transformed the global development team, boosting morale and driving successful project deliveries.

2006 - 2011HSBC Global Banking and Markets, London (roles as below)

2008 - 2011Global Head of Credit Technology

Managed technology for front office flow and structured credit trading globally, across industry turmoil and regulatory change. Challenged existing strategy, championed and delivered a major platform migration project collapsing two instances of Calypso into one, reducing cost, accelerating change and simplifying processes.

2007 - 2008Global Co-Head of Equity Technology

Co-managed a department with 150+ staff and a specific focus on algorithmic trading, equity finance, repo and flow derivatives workflow.

2007 - 2008European Head of Credit Technology

Initial focus at HSBC managing all technology for European Credit business, getting the department under control, fixing budget, defining and planning strategy and roadmap and facing off to a ‘difficult’ stakeholder.

2004 - 2006Merrill Lynch, London, New York
Global Head of Equity Linked Technology

Led global technology for the equity linked (derivatives) business with a headcount of 120 staff.

1995 - 2004Barclays Capital (formerly BZW), London (roles as below)

2001 - 2004Global Head of Equity Derivatives Technology and Exotic Interest Rate Derivatives Technology

Led technology for the equity derivatives businesses with a team of 60+ developers globally supporting multiple businesses: volatility, CBs, exotics, funds and arbitrage plus 12 developers in exotic rates.

1995 - 2001Global Head of Derivatives Trading Tools (Cross-Asset), PM, Team Lead, Analyst Programmer

Multiple roles (mostly Equity Derivatives focused) through BZW and the initial exciting 'start-up' growth of Barclays Capital including building a global desk-based team of 25 RAD developers that delivered Barclays' first consistent set of analytic and market data add-ins, still in use today.

Logica, London
Team Leader, Developer

British Aerospace, Stevenage
Undergraduate Trainee Engineer


QUALIFICATIONS

Imperial College, London
MEng, Electrical and Electronic Engineering

British Computer Society
Fellow, Chartered Engineer, Chartered IT Professional

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