QuIC Financial Technologies

QuIC Financial Technologies

June 30, 2009 10:00 ET

QuIC Appoints Risk Management Expert to Drive Business Development in Asia Pacific

Mark Putnam to Accelerate Adoption of QuIC's Market Leading Risk Management Solutions to Asia Pacific Region

VANCOUVER, CANADA--(Marketwire - June 30, 2009) - QuIC Financial Technologies Inc., a global solutions provider of risk management, pricing and financial analytics, today announced the appointment of Mark Putnam to manage Business Development and support in the Asia Pacific region. This strategic appointment is in direct response to growing global demand for QuIC's risk management solutions.

Based in Sydney, Australia and reporting to the Sales Director North America and Asia, Putnam will focus on driving sales and forging strategic business relationships for the company's Asia Pacific sales operations. Putnam will leverage his years of expertise in market risk, credit risk and treasury balance sheet management in the diverse Asia Pacific region to drive QuIC's growth plans, provide regional support for existing and new customers and strengthen its industry leadership position worldwide.

"Mark's unparalleled regional expertise backed by a successful track record in the banking and risk management industries made him an ideal selection to drive our growth and provide hands on support for customers in the Asia Pacific region," stated Liam Cuddy, Sales Director North America and Asia for QuIC. "He understands the unique challenges facing banks in this area of the world and with Mark's leadership, QuIC will continue to expand its regional presence by building long-term partnerships and strategic business relationships in this growing market."

Putnam has more than 25 years of experience in the risk management and banking industries. He joins QuIC after a distinguished career with Westpac, where he held numerous senior executive roles including the Head of ALM Group Treasury and Head of Trading Risk Management. Putnam has also held leadership positions at the Industrial Bank of Japan and the Commonwealth Bank of Australia, as an Executive in Trading Risk Management.

"I have watched QuIC's growth for some time and have seen first-hand how their technology and exceptional service culture has enabled them to consistently deliver leading edge and customised solutions for clients. QuIC has raised the bar for the entire risk management industry" stated Putnam. "I am very excited to be part of the QuIC team and look forward to contributing to their growth and helping expand presence in the Asia Pacific region."

About QuIC Financial Technologies, Inc.

QuIC is a global solutions provider for risk management, pricing and financial analytics. The QuIC Product Suite features an exceptionally fast vector-based calculation and simulation platform for pricing, risk management and financial analytics. Built with fully open technology, the QuIC Product Suite integrates easily with in-house and partner systems and operates in diverse environments, from a single laptop to large distributed grids. QuIC technology is delivered on a shared calculation fabric available to multiple recipients throughout the enterprise, allowing risk management professionals to collaborate in developing new analytics strategies and technology solutions.

Contact Information

  • Press Contact:
    QuIC Financial Technologies Inc.
    Julie Zuzek, Director of Marketing and Communications
    +44 (0)20 7562 4570
    +44 (0)20 7562 4571 (FAX)
    julie.zuzek@quic.com