"Steve's in depth experience with QuIC makes him the ideal candidate to be our Chief Operating Officer," said Nigel Cairns, President and CEO for QuIC. "Steve has provided unmatched leadership in the areas of finance and professional services at QuIC. Steve's exceptional knowledge and collaborative leadership style will be invaluable as we build on our momentum and meet the accelerating market demand for our solutions."

Already responsible for QuIC's finance, administration and professional services groups, in this newly created role Wilson will also oversee other business groups including the sales, marketing and product management departments. Having joined QuIC in April 2007 as Chief Financial Officer and Vice President of Professional Services, Wilson brings over 15 years of financial and operational leadership experience in private and publicly traded technology companies to this role. This promotion is designed to leverage his expertise to enhance communication and collaboration between all departments and support the company's expansion plans, while retaining industry leading levels of service.

"It's an exciting time to be at QuIC, a growing company with a proven track record of success, a dynamic management team and a world-class technology solution that has truly changed the landscape for financial risk management," stated Wilson. "I look forward to continuing to contribute to QuIC's growth by aligning all our operational teams with the vision of maximising the opportunities presented to us in the global marketplace over the coming years."

In line with Wilson's promotion, QuIC made a number of key promotions within the organisation, highlighted by the key appointments of Paul Jones to the position of Vice President Product Management and the hiring of Martyn Turner as Director, Financial Engineering, EMEA.

Jones joined QuIC in 2003 as Head of EMEA Financial Engineering, and has accepted the new role of Vice President, Prodduct Management. Having played an integral role in QuIC's growth to date, Jones' commitment to advancing its technology and product offering while spearheading communication between clients and internal stakeholders made him the de facto choice for this new role.

Joining QuIC as Director, Financial Engineering, EMEA, Turner will add further depth to QuIC's management team. Having worked with QuIC as a consultant for a number of years, in his new role Turner will manage QuIC's team of Financial Engineers in EMEA. To help ensure product and service requirements, he will ensure the FE group continues to support pre-sales activities while ensuring strong involvement in product direction based on feedback from clients.