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Ci3 appoints Mike MacDonagh ERM products director

29 January 2008  |  1930 views  |  0 Source: Ci3

Ci3, the leading developer of risk management solutions for the financial services sector, is delighted to announce the appointment of Mike MacDonagh as ERM Products Director.

Formerly Solutions Manager at QUMAS, Mike has more than 20 years of Product Management and Business Development experience in Financial Services.

Mike has a strong record of helping financial institutions prepare for and cope with some of the most important developments to hit the industry. As a Product Manager for Misys, Mike was responsible for evaluating the impact of Basel II on Misys' global client base, working with them to understand the implications, so that Misys could develop their product strategies accordingly. Previously, he coordinated Financial Objects' response to EMU, working with a broad range of wholesale and private banks in Europe and beyond to make sure that their transition to the Euro ran smoothly.

"I am delighted to be joining Ci3 at such an exciting time in the company's development, and at such an exciting time in our industry", says Mike MacDonagh. "Recent events in the sector demonstrate the vital role enterprise risk management must play in avoiding potential catastrophe for firms. With its financial services focus, and its track record of developing award winning risk management tools for the sector, Ci3 is uniquely positioned to deliver necessary and proven watertight solutions to enterprise."

"We are delighted to have attracted an individual of Mike's calibre and experience to work with us," says Seamus O'Farrell managing director Ci3. "Mike's expertise and industry contacts offer us a unique insight, and we are delighted that he has agreed to join us in achieving the next phase of Ci3's development."

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