New CTO takes over at Lloyds
- Posted:
- 16:58 12 Jul 2001
Bungey took up his new post last week. He takes over the technical operations of the site from the interim director Chris Rawson. The new position will see Bungey taking a central role in defining the portal's long-term strategy while managing the site's technical infrastructure.
The infrastructure is based on a combination of modified Sun E420R and E200R servers, running Solaris 8, ATG Dynamo 5.1, Autonomy, IPlanet Webserver 4.1 and Oracle 8i. Bungey's move from Barclays Stockbrokers came as a surprise to observers, but he said he saw the insurance sector as a challenge. "The main aim of the site is to make Lloyds.com the top global risk management exchange in the world.
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"This is a market that has not been particularly advanced in its use of technology, so there is an opportunity for a whole industry to use technology in ways beyond what it does today," Bungey said.
