Quadron Data Solutions Appoints New EVP of Product Management and Development

DENVER, May 8, 2012 /PRNewswire/ -- Quadron Data Solutions™, provider of data management solutions and an affiliate of Fetter Logic, Inc., announced today the appointment of Fritz Jakobi as Executive Vice President of Product Management and Development.  Mr. Jakobi will focus his attention on Quadron Data Solutions' Q-Suite product offering and the advancement of Fetter Logic's world class financial services software development capabilities. He will report to David Fetter, CEO of Quadron Data Solutions.

David Fetter comments: "Mr. Jakobi brings to Quadron Data Solutions an impressive track record in managing product development and selling sophisticated technologies. His 25 years of experience in the financial technology industry and expertise in identifying and expanding both horizontal and vertical markets make him the perfect fit for this position. I am pleased to have him join the team."

Prior to joining Quadron Data Solutions, Mr. Jakobi served as Vice President and Regional Vice President of Sales at Trust Company of America, where he led product development efforts to expand the company's largest target markets, trained staff, created territory-specific annual sales plans and assimilated value selling into sales processes. Before that appointment he consulted with financial and retirement plan experts on how to provide a fully compliant retirement plan platform to broker-dealers.

"I am excited to be a part of Quadron Data Solutions and to help drive strategy for the Q-Suite product line. Quadron Data Solutions has long been a leader in the financial services industry with its world class platform, infrastructure and domain expertise," Mr. Jakobi said. "My primary focus will be on product development, especially around AccountQ™. Industry experts predict growth of more than 600% in this area alone as independent, bank and insurance broker-dealers demand robust, unified account opening solutions. This solution area will be a cornerstone of our long-term growth strategy."

About Fetter Logic
Founded in 1997, Fetter Logic, Inc. provides services directly to its clients and to clients of its affiliates, Quadron Data Solutions and TransAd Partners. Fetter Logic provides the knowledge and experience needed to efficiently and effectively meet the growing demands on representatives, operations, compliance and the "C" suite in the retail wealth management industry including independent, bank and insurance company owned broker-dealers. Fetter Logic provides solutions for the front, middle and back office and has a data centric approach; working in partnership with clients to turn data into intelligence. More information can be found at: www.fetterlogic.com.

About Quadron Data Solutions
Quadron Data Solutions, an affiliate of Fetter Logic, provides technology-enabled solutions for independent, bank and insurance broker-dealers. The company's core platform includes DataPro, a proprietary data warehouse which aggregates and normalizes data, and the Q-Suite, a set of comprehensive solutions that provide financial professionals with integrated applications for all of their data management and client reporting needs. The Q-Suite is comprised of: DataPro, AccountQ, AdvisorQ, ReportQ, ComplianceQ, and EarningsQ. By leveraging data, technology and expertise, Quadron Data Solutions has created innovative and seamlessly integrated business processes and reporting solutions. For more information on Quadron, DataPro and the Q-Suite, please visit www.quadrondata.com.

SOURCE Quadron Data Solutions