Recognos US and the iQuest Group have created a strategic development partnership

Recognos US and the iQuest Group have created a strategic development partnership in order to provide world class technology solutions for the Banking and Investment Industries in Europe and the United States. The two companies together offer a talent pool of over 270 developers, business analysts, test engineers, and consultants with deep business knowledge and experience in the development of complex solutions including: corporate actions, mortgage brokerage, risk management, trading, order management, and incentives management. “Having established itself successfully in Germany, the UK, and Switzerland, iQuest aims to expand in the US market through this strategic alliance” says Cornelius Brody, CEO of the iQuest Group. According to George Roth, CEO of Recognos, Recognos will simultaneously be able to enter the European market after years of success on the US market. The joint development teams, situated in Romania, will provide a very experienced pool of talent to customers of both companies. In the long run the partnership also envisions integrating the products developed by both companies in order to provide comprehensive solutions for mid and large sized companies located on both sides of the Atlantic.