QED Information Systems says Richard Kursman has been appointed to vice president of institutional sales.
Prior to joining QED, Kursman was vice president of business development and sales with Heartbeat Software. He was also vice president of business development – financial services for eCal Corporation, where he sold to AT&T, ESPN, Reuters, Deutsche Bank, and ABN AMRO; vice president of fixed income high yield bond sales/trading with Merrill Lynch; and securities brokerage and investment banking positions with First Boston Corporation. Kursman was also vice president of business development – international capital markets with Banesco Organizacion Financiera.
QED President and Chief Executive Officer Joseph Potesta says “Rich is the type of person who can take the reins and run the champion across the finish line. His depth of industry experience, initiative, and high professional standard will add measurably to the continued growth and success of QED.”
Founded in 1987, QED Information Systems, Inc. is a provider of portfolio management and investment accounting systems to institutional investment firms, pension funds, investment advisors, state treasuries, and other buy-side firms. QED manages more than US$1 trillion USD in collective assets, and claims nearly 50% of the US state treasuries use QED software solutions for managing their investments.