2007 News


QuIC appoints New Head of Sales for Europe

Seasoned industry professional, Wolfgang Porada, brings more than 20 years of risk management experience to QuIC

Vancouver, BC, January 29, 2007 - Wolfgang Porada joins QuIC Financial Technologies Inc, as Head of Sales for Europe, responsible for managing sales operations and driving new business in this region.

“I am pleased to welcome Wolfgang to the company. His depth of experience in our industry will be invaluable for us as we continue our market expansion and explore strategic opportunities in Europe,” said Nigel Cairns, President and CEO. “QuIC has seen significant growth over the past two years. Our client list of top-tier banks has expanded, and repeat business has been strong. With Wolfgang’s leadership, we plan to build on this base of success as we increase our presence in Europe.”

Wolfgang has built a career in the financial industry, specializing in risk management solutions for Financial Services. Prior to joining QuIC, he led the Solutions Consulting Group in the Risk Department at Misys, where he was responsible for global pre-sales and consulting activities. He has held a number of strategic roles with banks, software vendors and consultancies, and for nearly 10 years headed the Risk Practice group of AMS (American Management Systems).

“I am very excited to bring my 20 years of risk management experience to the QuIC team,” said Mr. Porada. “With QuIC’s cutting edge technology and my IT expertise I look forward to making QuIC’s vision of a shared calculation fabric, implemented throughout the organization, a reality in client banks across Europe.”

An avid sportsman, Wolfgang runs marathons and pilots single-engine aircraft. He will be based in Germany.

About QuIC Financial Technologies, Inc.

QuIC is a global solutions provider for risk management, pricing and financial analytics. The QuIC Platform™ provides speed, accuracy and flexibility for pricing and risk calculations regardless of volume or complexity. QuIC technology delivers scalable, dynamically extensible and user-customizable solutions, by creating a seamless calculation fabric available to multiple recipients throughout the enterprise. The QuIC Product Suite™ easily integrates with in-house, partner and third-party applications & systems and operates in diverse environments, from a single laptop to large distributed grids.

For more information, please visit www.quic.com.

For press information contact:
QuIC US/Canada:
Derek Shorkey
MacLaren McCann
+1 604 601 8579
press@quic.com