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New CTO appointed to advance Mortgage Brain’s proposition

30 July 2019

UK, JULY 29, 2019: Leading mortgage technology expert, Mortgage Brain, has appointed Ken Deegan as its Chief Technical Officer (CTO).

Ken Deegan, a highly experienced senior IT professional and certified Scrum Master with a software engineering background, has led a number of large-scale development functions previously for finance and SAAS based solutions.

His earlier roles include Head of Information Systems at Close Brothers Premium Finance, development manager at Fourth delivering SAAS solutions to the hospitality industry, and 14 years at Central Bank of Ireland.

With over 20 years’ of pillar-to-post IT experience, Ken is ideally placed to help drive the business forward and lead the ongoing development and implementation of Mortgage Brain’s innovative, proven and trusted mortgage technology proposition.

Supporting Ken in the delivery of its proposition, Mortgage Brain has already appointed four new people within its development and delivery team with more planned in the coming months to take the team to over 55.

Mortgage Brain’s continuous commitment to investment ensures that the company leads the field through innovation and product development to its growing customer base.

Mark Lofthouse, CEO of Mortgage Brain, comments, “Innovation and delivery through Technology is at the top of the Mortgage Industry’s agenda and our continued investment in our proposition is key to keeping us at the forefront.

“As CTO, Ken is instrumental to the leadership team as we continue to evolve the business and develop technology solutions to shape and drive the industry. We are delighted to have Ken on board and welcome him and our new colleagues to the Mortgage Brain family.”

Ken Deegan, adds, “It is gratifying to be part of a company that invests record amounts into its proposition and I’m delighted to be part of the leadership team to drive the business forward. This is a time of unprecedented interest and desire for technological advances within our industry which makes for exciting times.”

“Introducing a more agile approach and way of working to my team and the wider business has been exceptionally well received. I am really looking forward to see what we can achieve together over the coming months and years.”

Mortgage Brain now employs over 125 skilled, professional people across its offices in Croydon, London, Ipswich and Bromsgrove.

The tech company invests over 40% of its expenditure each year into product development and the development of The Key and its sourcing systems, the recent acquisition of Criteria Hub and the forthcoming launch of Lendex, all demonstrate Mortgage Brain’s commitment to innovation and determination to remain the mortgage industry’s leading provider of technology and software solutions with more to come.