QuIC Appoints Caroline Tonkin to Meet Growing Demand in EMEA for QuIC’s Risk Management Solutions

Vancouver, BC - 26 August 2009

QuIC Financial Technologies Inc, a global solutions provider of risk management, pricing and financial analytics, today announced that in response to the growing demand for its market leading risk management solutions, the company has appointed Caroline Tonkin to manage business development in the strategic EMEA region.

Building on her wealth of knowledge and understanding of market and credit risk applications and complex risk infrastructure, Tonkin is poised to drive QuIC’s growth plans, provide regional support for existing and new customers and strengthen the company’s leadership position in this key market region. She will be based in QuIC’s London office, and will report to the Sales Director EMEA.

“Caroline’s proven track record of establishing productive partnerships with some of the world’s largest banks and financial institutions will be integral to accelerating the adoption of QuIC’s solutions on a global scale,” said James Hollands, Sales Director EMEA. “Her knowledge and unique perspective on EMEA market needs adds critical expertise in our ability to address growing worldwide demand for our solutions while ensuring we offer superior localised support.”

With over 20 years of strategic business development experience in the technology and banking industries, Tonkin brings her expertise in delivering complex high value solutions to the financial services industry. Prior to joining QuIC, Tonkin was Head of Sales for Orfival, where she spearheaded the company’s entry into the UK market and forged a number of key client relationships with leading brands across Europe. Tonkin began her career with IBM, and since then has established a solid reputation for delivering strategic growth for companies such as Odyssey Asset Management, Flexible Management Systems, Braxxon Technology, Vertex Banking Systems and BIS Banking Systems.

“Sound risk management, performance and regulatory compliance have become global challenges that require the industry’s most proven strategies, technologies and processes,” stated Tonkin. “QuIC’s ability to align their risk management solution with emerging market needs and customer expectations has fundamentally changed the industry landscape. I’m very excited to be coming on board at a time when the company is so well positioned and look forward to taking part to expand on its leadership position in the EMEA and enhance its overall global presence.”

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