Industrial Thought Ltd has announced the appointment of Mike Baker as its Group Managing Director. Industrial Thought is the parent company of a group of businesses specialising in investment taxation, financial data, and related consultancy services, which include Financial Software Ltd (FSL), creators of CGiX, the UK’s market-leading capital gains calculator.
With around 30 years of experience in the wealth management and technology sector, Mike has spent the last 12 months consulting for Industrial Thought, supporting the leadership team with strategy development and positioning as its portfolio evolves. Before that, he was Managing Director for the progressive financial software company FinoComp.
Mike Baker commented: “It has been a pleasure working with Industrial Thought’s Chairman David Pirrie and his team over recent months. Now I look forward to helping the team execute the plans we have developed as we expand our capabilities and maximise our impact with the quality, breadth, and detail of our securities taxation and corporate event data and well-supported technology products.”
Industrial Thought Chairman David Pirrie added: “Mike’s input has been invaluable during our latest stage of growth. His excellent industry reputation has been built on a long track record of proven success, which has been borne out during his time with us. Undoubtedly, he will add significant value leading the opportunities we are pursuing with new products, services, and related markets within the wealth management sector.”
Industrial Thought is committed to bringing expertise and innovation together in a best-of-breed ecosystem. Its collaborative approach has led to several partnerships that are helping to drive the creation of integrated, innovative products and services for the wealth industry.
About Industrial Thought Ltd.
Founded in 2013, Industrial Thought is the parent company for a group of companies in the field of investment taxation, financial data, and related consultancy services. It aims to drive transformation by creating a complete suite of data, platform, and marketplace services to enhance capabilities and accelerate innovation.
Companies within Industrial Thought include:
- FSL (Financial Software Ltd.), a provider of specialist investment tax solutions and the creator of CGiX, the market-leading capital gains calculator.
- Raw Knowledge, which creates, compiles, and validates specialist financial information underpinning the group’s wealth management products and services, such as tax calculation.
Companies under the Industrial Thought group are supported by its proof-of-concept lab, Thought Train, focused on prototyping and assessing the viability of developments.