Stock Exchange CIO departs

NZX doesn't need a CIO, says Corke

Chris Corke, CIO at NZX, the New Zealand Stock Exchange, has resigned.

Corke, who had been in the role for just over two years, told Computerworld he has carried out the tasks he was hired to do at the stock exchange and that NZX now doesn’t need CIO-level capabilities.

He says he is looking at other employment options.

As NZX CIO, Corke has been in the news regularly, as the Exchange has suffered several serious outages during his tenure, not all of which were due to faults in NZX’s systems.

On his second day in the job in 2003, the Exchange’s FASTER trading system went down.

At the time, Corke told Computerworld “these things are sent to try us”.

Projects carried out during Corke’s tenure include a major network upgrade, provided by Telecom, and the first installation in New Zealand of Oracle’s 10g database.

Corke, English by birth, migrated to New Zealand 12 years ago and has worked for Advantage Group, BEA Systems and Telecom as well as NZX.

He didn’t arrive at NZX as a stranger to stock exchanges. In the UK, he worked at the London Stock Exchange.

Corke was a finalist in the CIO of the Year category at this year’s Computerworld Excellence Awards.

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