âBy partnering with Redshift, we are able to meet the growing demand for our solutions in the growing energy sector marketplace,â stated Justin Forrest, Executive Vice President of Global Sales for QuIC. âWe look forward to assisting their teams as they incorporate QuIC technology into their service offerings, strengthening their ability to deliver comprehensive credit risk solutions.â
Under the terms of the agreement, the two companies will leverage each otherâs core competencies and domain expertise to expand their reach in this key market.
âWe are eager to learn more about QuIC Solutions and offer our services to implement their technology,â added Aviv Handler, Partner of RedShift. "As part of our growth strategy we have joined forces with several leading risk management providers who will allow us to build out our service portfolio to help energy vendors and operators manage their critical credit risk systems.â
As part of this new cooperative partnership, QuIC will benefit by tapping into RedShiftâs approach to credit risk solutions and professional services for the energy sector. By implementing QuIC technology, RedShift can offer unparalleled performance of risk analytics, improving the speed and accuracy of real-time information on risk adjusted exposures to facilitate critical business decisions.