Electra Information Systems Hires Quinn Degner to Join Growing Sales Team

New York - 17 November 2011

Senior Sales Executive Brings Extensive Industry Knowledge and Experience to Growing Sales Team

Electra Information Systems, a leading provider of high-performance solutions for institutional investors including trade settlement, reconciliation, data collection and aggregation, today announced that Quinn Degner has been hired to join the company’s growing sales team.

Mr. Degner assumes the position of Global Sales Director in a team that increasingly offers a wealth of industry understanding and experience. He will focus on increasing Electra's sales development and will help drive the company's growth globally by reaching out to a broader audience at a time when the company is preparing to announce significant new product launches. The appointment reinforces Electra’s growth strategy and further underscores Electra’s leadership position within the financial technology industry.

Mr. Degner is a 25 year veteran of the financial services industry and a Chartered Financial Analyst (CFA). Prior to Electra, Mr. Degner was a Global Sales Executive at CorrectNet, a financial technology firm specializing in client reporting, with responsibilities for new business development throughout Europe and North America. He was Director of Operation, Head of Sales and Client Services at Netherby Advisors and a Senior Consultant at Cambrian Consulting LLC advising CEO’s, COO’s, and CIO’s of asset management, venture capital and private equity firms operating in the intersection between the finance and technology sectors. Quinn’s other experiences include past President of Amba Research, an investment research outsourcing firm, and senior sales and marketing roles at Cargill Investor Services, HSBC, and Citigroup.

Ian Danic, Managing Director of Electra, said, "Quinn comes to us with a wealth of industry experience and contacts and an excellent track record in sales in the financial technology industry. He will be instrumental in our strategy to expand Electra’s sales efforts at a time when we are continuing to grow in the US market and are increasing our sales in Europe and Asia. His past achievements demonstrate his deep understanding of the financial technology industry and I look forward to seeing the results of his experience in this important new role. We are delighted to have Quinn on our team.”

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