Ci3 recently announced the appointment of Mike MacDonagh as ERM products director. Formerly solutions manager at QUMAS, MacDonagh has over 20 years experience in product management and business development in the financial services and extensive enterprise risk management skills. As a product manager for Misys, MacDonagh was responsible for evaluating the impact of Basel II on Misys’ global client base, working to develop their product strategies accordingly. Previously, he co-ordinated Financial Objects’ response to EMU, working with a broad range of wholesale and private banks in Europe and beyond to ensure their transition to the euro ran smoothly. Ci3 is a leading developer of risk management solutions for the financial services sector, including banks, asset management firms and the insurance sector.