Quadron Data Solutions Appoints New Senior Vice President of Product Management Richard Thoeny to Provide Strategic Direction for Q-Suite of Products

DENVER, April 30, 2013 /PRNewswire/ -- Quadron Data Solutions^TM, provider of data management solutions and an affiliate of Fetter Logic, Inc., announced today the appointment of Richard Thoeny as Senior Vice President of Product Management.  Mr. Thoeny will provide insight and guidance for Quadron Data Solutions' Q-Suite of products, overseeing integrations and product direction and working with independent broker-dealer users. He will report to Sheri Facinelli, EVP Strategic Marketing and Sales of Quadron Data Solutions.

Prior to joining Quadron Data Solutions, Mr. Thoeny served in several senior roles across the financial services industry, cultivating broad and deep knowledge of all facets of the investment, brokerage and software development industries. Most recently, he served as the Senior Vice President of Operations at COR Clearing, LLC, where he was responsible for managing workflows and performance across all departments.  He also held positions at Comprehensive Software Systems as the Vice President of Product Management and HybridTrading, LLC as the Chief Operating & Compliance Officer.

Sheri Facinelli comments: "The technology needs of broker-dealers are rapidly evolving and expanding, driven by demands for greater efficiency, stronger integrations between solutions and immediate data access from all fronts. The vendors who support them need to stay at the forefront of providing integrated solutions, leveraging strategic partnerships and state of the art technology, which is why we have brought Richard on board to focus specifically on driving the product evolution and technology from Quadron Data Solutions to the users that need it. He brings to Quadron Data Solutions a proven record of achievement demonstrated by his 20+ years of experience in business and product development and brokerage operations management. His project management expertise and strategic knowledge of the application of technology make him a strong asset to our company. He will make a great addition to the team."

"I am excited to be joining Quadron Data Solutions to help lead the development efforts for the Q-Suite product line. Quadron Data Solutions continues to serve the financial services industry by providing industry leading software and technology for the independent and fully disclosed broker-dealer community," Mr. Thoeny said. "My main focus will be on product development of DataPro, working to further expand the Books and Records functionality of our systems and expand strategic integrations. I look forward to becoming an integral member of the team as we continue to bring critical and rapidly evolving technology solutions to the financial services industry."

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