DELTA FINANCIAL SYSTEMS APPOINTS IAIN TAIT TO SPEARHEAD DRIVE INTO LIFETIME SAVINGS MARKET

08/02/2017

  • Chief Information Officer role is latest in series of heavyweight appointments
  • Iain joins from James Hay and is one of the best regarded CIOs in the pension and lifetime savings market
  • Iain will lead Delta’s drive to bring its expertise and proven pension administration technology to leading financial services providers 

Delta Financial Systems, the leading pensions and retirement administration technology provider, today announces that it has appointed Iain Tait as its new Chief Information Officer.

Iain Tait joins Delta from SIPP provider James Hay Partnership, where he was Chief Information Officer. Iain has over 30 years’ experience in IT management and software engineering, including 13 years at Plessey Microsystems.  At James Hay, Iain was responsible for leading the WINSIPP platform through FSA approval as the first regulated wrap platform. When James Hay was sold to IFG in 2010, Iain successfully extricated the WINSIPP technology from Santander’s complex IT infrastructure enabling James Hay to maintain its leading position in the SIPP market.

In the new role of Chief Information Officer, Iain will be instrumental in driving Delta’s business and technology strategy to deliver market-leading products for the lifetime savings market. He will also be responsible for the accelerated roll out of its new Platinum~Pro technology platform.

Michael Power, Chief Executive Officer, Delta Financial Systems, said: “Iain is a heavyweight appointment that will further accelerate our market leading pensions administration technology in response to significant regulatory and market changes. I am convinced he will have a significant impact on our business growth.”

“Attracting Iain is testament to the strength of Delta’s vision and strategy, as we seek to transform the pension administration technology sector.”

Iain Tait commented: “This is an exciting time to join Delta, as the business brings its expert knowledge, excellent service and proven technology to the wider lifetime savings market.  I firmly believe the company is uniquely positioned to service the changing needs of major financial services providers as they grapple with the challenges of administering products effectively in the new world of pension freedom.”

“I look forward to working closely with the Delta Executive to deliver the new Platinum~Pro platform that embeds governance into everyday operations and drives operational efficiency through automation and straight through processing.”

Iain Tait’s appointment follows the appointment of John Watson as CFO in November 2016 and Mike Robins as Chairman in December 2015 as Delta continues its business expansion plans and the accelerated delivery of its new Platinum~Pro technology platform.