Banking and IT industry veteran Michaud will oversee IT audit, risk
and compliance activities at Q2
AUSTIN, Texas--(BUSINESS WIRE)--
Q2
Holdings, Inc. (NYSE:QTWO), a leading provider of secure,
cloud-based virtual banking solutions for regional and community
financial institutions, announced today that longtime financial services
industry veteran Bob Michaud has joined the company as chief security
officer. He will oversee IT audit, risk and compliance activities at Q2.
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Q2 announced today that longtime financial services industry veteran Bob Michaud has joined the company as chief security officer. (Photo: Business Wire)
Michaud’s experience in banking and information technology spans 35
years, including 20 years in managerial roles. He held numerous
positions at Fiserv as a loan product manager, general manager of branch
automation and chief of the Quality and Standards Audit Office before
becoming the head of all audit risk and compliance activities for
Fiserv’s Bank Solutions business unit.
“Bob is a proven security executive with an impressive track record of
managing compliance and risk at world-class companies,” said Matt Flake,
CEO of Q2. “We’re thrilled to welcome him to Q2, where he will continue
to build on our industry-leading native fraud and security analytics
engine and develop new methods to protect our clients, their brands and
their account holders.”
He most recently held the position of executive vice president of client
operations at Continuity, a technology solutions provider that automates
compliance management for financial institutions.
While at Continuity, he led a compliance team that increased audit
production by more than 40 percent in two years while reducing internal
audit costs by more than 50 percent. During that same period, 82 percent
of Continuity clients reported they were completely satisfied with their
overall experience. Michaud’s demonstrated excellence in improving
client satisfaction bolsters Q2’s existing commitment to engage with its
clients and provide the best possible customer experience across the Q2
platform.
“I’m excited to merge my experience with a best-in-class remote audit
process with Q2’s customer-centric team to build upon the financial
service industry’s most advanced and secure digital banking platform,”
Michaud said. “Q2 is an outstanding company that continues to drive
innovation and create products that open new opportunities for
community-focused FIs.”
Michaud earned a bachelor’s degree in finance from the University of
Nebraska-Lincoln in 1981 and specializes in risk management and
assessment, compliance and regulatory management, product development,
disaster recovery and incident response.
About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure,
cloud-based digital banking solutions headquartered in Austin, Texas. Q2
is driven by a culture of partnership and dedication to empowering
community-focused banks and credit unions with digital banking
solutions that help them stand apart, scale smart and grow beyond with
retail and commercial account holders. Q2’s solutions are designed to
deliver a compelling, secure and consistent user experience on any
device and enable customers to improve account holder retention and
to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.
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Source: Q2 Holdings, Inc.