QuIC appoints Senior Sales Executive in London to sustain strong growth in Europe

Vancouver, BC - 14 June 2007

QuIC Financial Technologies, a global solutions provider of risk management, pricing and financial analytics solutions, is pleased to announce the appointment of Nigel Sirett as Senior Sales Executive. Nigel is an experienced executive in international risk management solutions for major financial institutions, and joins QuIC in the company’s London office.

“We are very happy to welcome Nigel to QuIC,” said Thomas Severance, QuIC’s Vice-President of Global Sales. “His experience and depth of knowledge of the risk management industry will prove invaluable as we focus on expanding our client base among London-based banking and financial enterprises.” QuIC’s London office is experiencing strong growth, having recently won a number of high-profile clients.

A respected speaker in the risk management industry, Sirett is strongly aligned with QuIC’s vision. “I am excited to join QuIC, as they are the only company offering a truly enterprise-wide shared calculation fabric. The risk management industry is demanding enterprise-wide risk management technology architecture, but most vendors’ solutions are a patchwork of disparate technologies with little or no ability to integrate. QuIC’s solutions are truly integrated from the core architecture, providing calculation and analytics power that can be leveraged throughout the enterprise.”

Sirett holds M.Sc and B.Sc degrees from the London School of Economics and Political Science, University of London. He has made a career of delivering risk management solutions. For the past ten years he was Managing Director and Sales Director for Europe, the Middle East and Africa at IPS-Sendero, a provider of software and management solutions for Integrated Market Risk and Credit Risk, Credit Analytics and Asset/Liability Management. Prior to that, he worked with a number of financial and technology-based companies, specializing in risk management products, training, and implementation.

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