QuIC Financial Technologies logo — Empowering financial institutions with advanced risk calcula...

QuIC Financial Technologies

Empowering financial institutions with advanced risk calculation, pricing solutions, and seamless integration for unparalleled performance and precision.

Founded 1998 Series B Total: $10.00M Fintech, Information Technology

General Information

Company Name QuIC Financial Technologies
Founded Year 1998
Industries Fintech, Information Technology
Funding Stage Series B
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About QuIC Financial Technologies

QuIC Financial Technologies is a Vancouver-based fintech company that specializes in developing advanced risk calculation and pricing platforms for financial institutions and companies worldwide. Established in 1998 as Quadrus Financial Technologies, the company has since evolved to offer a comprehensive suite of products and services designed to empower financial institutions with unparalleled performance and precision. The Series B investment of $10.00M on 10 January 2006 was led by JMI Equity, GrowthWorks Capital, SpringBank TechVentures Funds, and Ventures West Management. QuIC's flagship product suite includes the QuIC Engine, a high-performance calculation engine for desktop computers, providing levels of performance comparable to supercomputers. Additionally, the company's QuIC Script, a vector computing language, facilitates the creation of financial solutions on the QuIC Engine. With a focus on providing comprehensive risk management solutions, QuIC Analytics offers instrumentation for various markets, including interest rate and foreign exchange derivatives, equities, commodities, hybrids, asset-backed securities, and credit derivatives. Moreover, QuIC Workbench enables the development, modification, customization, visualization, and testing of QuIC Script, while the QuIC Simulation Framework supports enterprise-scale calculation and simulation to manage portfolio simulation workflows. The company also offers integration solutions, such as QuIC Dispatch, QuIC Bridge, and QuIC Data Channels, in addition to a suite of support services including product support, system integration, custom development, consulting, and training. In essence, QuIC Financial Technologies stands at the forefront of empowering financial institutions with cutting-edge technology to manage market risk, credit risk, credit valuation adjustment, unified risk, and structured products. With its roots in mathematical modeling and simulation software, QuIC continues to be a leading innovative force within the fintech and information technology industries.

Taxonomy: risk calculation, pricing solutions, simulation platforms, vector computing, financial instruments, market risk, credit risk, derivative instruments, integration solutions, data channels, support services, system integration, structured products, enterprise-scale calculation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 4
Investor Investor Investor
•••• ••••
10 Jan 2006

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FAQ About QuIC Financial Technologies

Empowering financial institutions with advanced risk calculation, pricing solutions, and seamless integration for unparalleled performance and precision.
QuIC Financial Technologies was founded in 1998.
QuIC Financial Technologies operates in the following industries: Fintech, Information Technology.
QuIC Financial Technologies has completed 1 funding round, raising a total of $10.00M. The latest funding stage is Series B.
Top alternatives and competitors to QuIC Financial Technologies include Exeros, Centroid Solutions, ITI Data, Trusted Computer Solutions, SchemaLogic. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
QuIC Financial Technologies and Exeros are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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