Founded in 1998, QuIC Financial Technologies specialized in developing software solutions for pricing and risk management of financial derivatives. The company was renowned for its use of high-performance computing (HPC) to deliver fast and accurate analytics for complex, cross-asset derivatives portfolios. Its flagship product, the QuIC Analytic Suite, provided financial institutions with the tools to manage market and counterparty credit risk. In September 2011, the company was acquired by Markit Group Limited to enhance Markit's valuation and risk management capabilities. Markit subsequently merged with IHS in 2016 to become IHS Markit, which was then acquired by S&P Global in 2022, fully integrating QuIC's technology and expertise into S&P Global's broader market intelligence and analytics offerings.

Founded in

Canada