Barry Adcock Joins Quantalytix as Sales Executive

Rhea-AI Summary

Quantalytix, a provider of cloud-based Enterprise Bank Management (EBM) software and Enterprise Data Management (EDM) platform for financial institutions, has announced that Barry Adcock has joined the company as a Sales Executive. Adcock, with his extensive banking experience, will work with banks and credit unions to identify their needs in Financial Performance and Enterprise Risk Management.

Adcock previously worked at Deluxe (NYSE: DLX) with the Bankers Dashboard sales teams and served as CFO and acting President of NorthSide Bank. His experience includes financial reporting, budgeting, forecasting, and various aspects of bank management. The addition of Adcock, along with recent hire Tadgh Spradlin, is expected to contribute significantly to Quantalytix's continued growth and ability to help financial institutions improve their performance and efficiency.

Positive

• Hiring of experienced financial industry executive Barry Adcock as Sales Executive
• Potential for enhanced growth and expansion with new sales team additions
• Improved ability to assist banks and credit unions with financial performance and risk management

Negative

• None.

~Financial industry executive brings tremendous banking knowledge and insights to bolster company’s growth, expansion efforts~

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.

Click here to learn more about Quantalytix or follow them on LinkedIn and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241001686581/en/

Anna Stanley

anna@williammills.com

251.517.7857

Source: Quantalytix

FAQ

Who is Barry Adcock and what is his new role at Quantalytix?

Barry Adcock is a financial industry executive who has joined Quantalytix as a Sales Executive. In his new role, he will work with banks and credit unions to identify their needs in Financial Performance and Enterprise Risk Management.

What is Quantalytix's main product offering?

Quantalytix provides cloud-based Enterprise Bank Management (EBM) software and an Enterprise Data Management (EDM) platform for financial institutions.

What was Barry Adcock's previous experience before joining Quantalytix?

Barry Adcock previously worked at Deluxe (NYSE: DLX) with the Bankers Dashboard sales teams, and before that, he was CFO and acting President of NorthSide Bank in Adairsville, Georgia.

How does Quantalytix expect Barry Adcock to contribute to the company?

Quantalytix expects Barry Adcock's banking experience and understanding of financial performance management to be valuable to customers and prospects, contributing to the company's continued growth and ability to help financial institutions improve their performance.