QuIC Financial Technologies

QuIC Financial Technologies

February 17, 2010 10:00 ET

QuIC Financial Technologies Promotes Stephen Wilson to Chief Operating Officer

Strategic Appointments Prepare QuIC for Aggressive Global Expansion

VANCOUVER, CANADA--(Marketwire - Feb. 17, 2010) - QuIC Financial Technologies, a market leader providing the world's financial organisations with risk management, pricing and analytic solutions, today announced the promotion of Stephen Wilson to the position of Chief Operating Officer as part of a series of management moves to enhance QuIC's capability in executing on it's long-term growth strategy.

"Steve's in depth experience with QuIC makes him the ideal candidate to be our Chief Operating Officer," said Nigel Cairns, President and CEO for QuIC. "Steve has provided unmatched leadership in the areas of finance and professional services at QuIC. Steve's exceptional knowledge and collaborative leadership style will be invaluable as we build on our momentum and meet the accelerating market demand for our solutions."

Already responsible for QuIC's finance, administration and professional services groups, in this newly created role Wilson will also oversee other business groups including the sales, marketing and product management departments. Having joined QuIC in April 2007 as Chief Financial Officer and Vice President of Professional Services, Wilson brings over 15 years of financial and operational leadership experience in private and publicly traded technology companies to this role. This promotion is designed to leverage his expertise to enhance communication and collaboration between all departments and support the company's expansion plans, while retaining industry leading levels of service.

"It's an exciting time to be at QuIC, a growing company with a proven track record of success, a dynamic management team and a world-class technology solution that has truly changed the landscape for financial risk management," stated Wilson. "I look forward to continuing to contribute to QuIC's growth by aligning all our operational teams with the vision of maximising the opportunities presented to us in the global marketplace over the coming years."

In line with Wilson's promotion, QuIC made a number of key promotions within the organisation, highlighted by the key appointments of Paul Jones to the position of Vice President Product Management and the hiring of Martyn Turner as Director, Financial Engineering, EMEA.

Jones joined QuIC in 2003 as Head of EMEA Financial Engineering, and has accepted the new role of Vice President, Product Management. Having played an integral role in QuIC's growth to date, Jones' commitment to advancing its technology and product offering while spearheading communication between clients and internal stakeholders made him the de facto choice for this new role.

Joining QuIC as Director, Financial Engineering, EMEA, Turner will add further depth to QuIC's management team. Having worked with QuIC as a consultant for a number of years, in his new role Turner will manage QuIC's team of Financial Engineers in EMEA. To help ensure product and service requirements, he will ensure the FE group continues to support pre-sales activities while ensuring strong involvement in product direction based on feedback from clients.

About QuIC

At QuIC, we provide the world's leading financial organisations with bespoke solutions to power their risk management, pricing and financial analytics. With the advanced vectorised technology of the QuIC Engine™, our solutions perform highly complex, large-scale calculations at unparalleled speed with unmatched accuracy. From intraday portfolio analysis to rapid implementation of new models and financial instruments, our technology allows industry leaders to stay ahead of the market and ahead of the competition.

Contact Information

  • QuIC Financial Technologies Inc.
    Julie Zuzek
    Director of Marketing and Communications
    +44 (0)20 7562 4570
    +44 (0)20 7562 4571 (FAX)