Milan, 11 March 2022 – Quid Informatica was founded in 1987. Quid’s CEO is Stefano Bertoli and Quid’s President is Elio Catania. It has been participated by the private equity fund Equinox since 2019. Based in Florence and Milan with additional operational centers in Padua, Manerbio and Trieste, Quid has fulfilled a strong development plan in Finance, Industry and Small Business sectors, becoming one of the top value-added service providers for many Italian banking and financial institutions, including Unicredit Group, Gruppo Credem and Mediolanum. In 2018, Quid launched Qinetic platform, created and developed to enhance – through a cloud-ready product – the digital transformation process for the players in the Financial Services sector, ensuring the end-to-end coverage of consumer credit processes: from origination to post-selling. Qinetic is easy to configure, it uses machine learning mechanisms and it has low implementation costs and high scalability. Qinetic is thriving while the banking sector is going through a major transformation: digital and open banking are among the key factors for the redesign of the traditional system of customer relationships and range of services based on actual customers’ needs. In September 2021, Quid became part of the growing IBM (NYSE: IBM) ecosystem: more than 100 system integration providers, indipendent software and SaaS providers and the FinTechs which uses IBM Cloud for financial services. Qinetic is the first Italian consumer credit process management platform available on IBM Cloud. Moreover, Quid offers to the customers a sandbox version via cloud in order to give, in 24 hours, a chance to test new services and products within a safe environment. «Market is constantly looking for the best solution in terms of costs and timing: cloud reduces development and implementation times thanks to the automation of configuration and installation processes» – Massimo Barucci, Quid’s Market & Delivery Director, said – «On IBM Cloud, the customer is able to quickly install Qinetic and begin to propose integrations and customisations starting from an existing standard template».