| QuIC Becomes PRMIA Gold Sponsor Vancouver, BC, January 5, 2004 – The Professional Risk Managers' International Association (PRMIA) is pleased to announce that QuIC has committed to support PRMIA as a Gold Sponsor. QuIC's contribution helps further PRMIA's central mission to promote sound risk management standards and practices globally. "QuIC's support of PRMIA is welcomed, not only because it is a new supporter of what we do, but that their involvement demonstrates the broad reach of PRMIA into many disciplines of the risk and finance profession," said David R. Koenig, Chair of PRMIA's Board of Directors. "We're very proud to have them on board and engaged in what we are doing." "The risk industry today faces challenges on many fronts, from the need for extreme speed to rapidly analyze growing and complex portfolios, to the increasing sophistication of financial instruments, models and analytics, to evolving regulations. To meet these challenges, industry participants not only need advanced technology solutions like those that QuIC provides, risk professionals also need a forum for discussion, education, industry support and leadership on a global basis, which is what PRMIA provides and which is why we at QuIC are so proud to be a PRMIA Gold Sponsor," says Dr. Glen Donaldson, President & CEO of QuIC About PRIMA PRMIA is the Professional Risk Managers' International Association. Founded in 2002, PRMIA currently has 43 chapters around the world, and over 9,500 members, representing over 3,000 organizations, in more than 125 countries. PRMIA is a tax-exempt, non-profit, member-led association of risk professionals dedicated to the advancement of the profession worldwide through the free exchange of ideas about risk management. More than 10,000 delegates attended PRMIA events around the world in 2003, making it both the risk industry's fastest-growing professional association and its most active. Visit www.prmia.org for more information. About QuIC QuIC's fast and flexible calculation/simulation QuIC Engine™ and associated tools integrate with in-house, partner and third-party systems to deliver scalable, dynamically extensible and user-customizable solutions to the modern generation of risk challenges. Applications include real-time high-volume portfolio simulation and analytics for credit and market risk, rapid data-model calibration, pricing/modeling complex instruments, and sophisticated valuation and simulation methods leveraging powerful constructs including vectorization and state-space manipulation. The QuIC Platform™ runs on multiple operating systems and has been designed to scale up/down to run on anything from a single laptop to large distributed grids/clusters. For more information please visit www.quic.com « Back to 2004 News |



