Icon Solutions appoints new Chief Technology Officer

Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation, including IPF (Icon Payments Framework), has today announced the appointment of Donal Fleming as Chief Technology Officer (CTO).

Donal brings over 25 years of banking and financial services experience. More recently, this has included CTO roles at fintech firm Credit Benchmark and payments organisation, Modulr. Donal also served at JPMorgan in various senior roles for 14 years – including running Emerging Markets Technology and Worldwide Security Services – and spent four years as CTO of BlueCrest Capital, a global multi-strategy hedge fund, managing $37bn.

As Icon continues to expand its global footprint to help more banks accelerate their payments transformation, Donal will draw on his experience to oversee the technical direction of IPF. Icon’s low-code, cloud-native, open-source framework is used by leading global banks to deliver more value and unlock new revenues.

“Financial services is undergoing a major shift in payments processing,” comments Donal Fleming Chief Technology Officer at Icon, “Market pressures are forcing banks to reimagine their old business models and legacy infrastructure and it’s created many challenges. But it has also provided a wealth of opportunities to modernise processes, products and services.

“I believe Icon has the industry pedigree and unique ability to help Tier 1 banks evolve their payments strategy and address their specific pain-points like no other in the sector. I’m looking forward to supporting our customers as they use IPF to effectively take back control and enable the flexibility and independence to develop their own payments processing solutions that bolster revenue.”

Ben Hallifax, Icon Director, adds: “Our proven reputation for delivery and deep technology and payments expertise has led to a sustained period of growth for the organisation, and we quickly identified that we needed someone of Donal’s calibre to further drive forward our strategic and technical vision.

“Donal brings a huge amount of experience to our leadership team and has an impressive track record of delivering pragmatic solutions that empower customers to make meaningful change – we’re excited to have him on board.”