Q2 Holdings Announces Bob Michaud as New Chief Security Officer
22 August 2016 - 3:30PM
Business Wire
Banking and IT industry veteran Michaud will
oversee IT audit, risk and compliance activities at Q2
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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