BIRMINGHAM, Ala.--(BUSINESS WIRE)--Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software and its Enterprise Data Management (EDM) platform for financial institutions, announced today that Barry Adcock has joined its team as a Sales Executive. In his new position, he will work with banks and credit unions to identify their needs in Financial Performance and Enterprise Risk Management and align the capabilities of Quantalytix data management tools to help them navigate economic cycles and improve bottom line results.
Chris Aliotta, CEO and co-founder of Quantalytix, said, “We are thrilled to have Barry as part of our team. His banking experience as a former bank CFO as well as working with Bankers Dashboard will prove to be valuable to our customers and prospects. He understands the importance of financial performance management, financial reporting and forecasting and how it can improve financial performance and create operating efficiency. Coupled with Tadgh Spradlin who recently joined us – the two will be able to make a huge impact on our continued growth.”
Adcock comes to Quantalytix from Deluxe (NYSE: DLX) where he worked with the Bankers Dashboard sales teams to demonstrate how the solution enables community banks to improve financial performance and create operating efficiency. Prior to that, Adcock was CFO of Adairsville, Ga.-based NorthSide Bank, as well as acting President, where he assisted in completing the IPO for NorthSide Bancshares, Inc. and the charter and FDIC insurance applications for NorthSide Bank. There his responsibilities included all financial reporting, budgeting and forecasting, liquidity management, interest rate risk management, capital management, deposit operations, information technology and regulatory compliance. He was also instrumental in NorthSide’s ability to navigate the Great Recession, increasing NIM from 2.25% in 2009 to 4.16% in 2014. Additionally, Adcock held controller positions at Georgian Bank, Powder Springs, Ga., and The Bankers Bank, Atlanta.
Adcock shared, “I joined Quantalytix to be part of an exciting team with a new and innovative approach to data management, giving banks more transparency into their performance and risk management data. I look forward to working with Tadgh and the entire Quantalytix team to help banks improve financial performance and drive shareholder value.”
About Quantalytix
Based in Birmingham, Ala., Quantalytix was founded by two former bankers who recognized a void in the current marketplace. In response, the company launched a cloud-based software and enterprise bank management platform that serves as a single-source of truth for reporting, analysis, and profitability to drive actionable analytics. The platform seamlessly integrates with existing business systems, automatically aggregates data and provides real-time views of performance to enable more efficient operations, improve the customer experience, increase profitability and boost productivity.
Working with both traditional and non-traditional lenders, more than $7 billion in loan volume is currently managed on the Quantalytix platform. The platform is SOC2 Type 1 and Type 2 compliant and includes built-in quality assurance checks and sophisticated security features to ensure the highest levels of data integrity.
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