Superannuation consulting and technology firm QMV has appointed Mark Vaughan as managing director, replacing Michael Quinn who has held the role since March 2014.
QMV provides independent consulting services and technology systems to superannuation funds, trustees, administrators and wealth management organisations. It was founded in 2008 by Mr Quinn, Mr Vaughan and Stephen Mahoney.
Mr Quinn said that QMV is moving through a significant period of change and growth, including an expansion into the Sydney market, and it was decided that now is the right time for a change in leadership.
“As our business enters its next phase of strategic growth and expansion into new markets, it makes sense to bring in a new leader with fresh ideas.”
Mr Quinn will continue as a director of the business and work closely on QMV’s expansion into Sydney.
“We are experiencing increasing interest in our services which includes change management, program and project management with a focus on technology, regulatory change, data quality, data remediation, migrations and mergers.
“As the superannuation industry continues to deal with ongoing regulatory change as well as the shift from accumulation to pension phase by many of their members, we are well-positioned to help manage these challenges and ensure institutions have the resources and capabilities to respond effectively,” Mr Quinn said.
Mr Vaughan has over 17 years experience in the financial services industry. During that time, he has provided consulting services to organisations including nab, Link Group, Mercer, UniSuper and First State Super. Mr Vaughan holds a bachelor of commerce and is a member of the Association of Super Funds of Australia (ASFA).
QMV was founded in 2008 and provides trusted and independent consulting services and technology systems to superannuation funds, trustees, administrators and wealth management organisations.
Its services focus on successfully managing change across technology, regulatory change, data quality, data remediation, migrations and mergers.
Its products include Investigate, an automated data quality management solution used to validate data for millions of accounts. The technology manages data for over 10% (and growing) of Australia’s total superannuation balances.