Bruce Boytim Named New CEO of Quor Group

Quor Group, a global provider of commodity trade risk management (“CTRM”) software, is pleased to announce the appointment of Bruce Boytim as its new Chief Executive Officer. Bruce will lead the company in its mission to deliver cutting-edge, customer-centric CTRM and supply chain solutions to its clients worldwide.

With a robust background in the financial services and technology sectors, Bruce brings over 20 years of experience in growing technology companies and delivering for their customers. His expertise spans SaaS, enterprise software, data solutions, and brokerage services, making him uniquely qualified to drive Quor’s strategic vision while placing its customers at the forefront of the company’s initiatives.

Before joining Quor, Bruce served as the Chief Operating Officer at Broadway Technology where he played a pivotal role in the company’s growth and market impact, ultimately leading to a successful acquisition by Bloomberg. His previous experience includes time as Chief Operating Officer and Chief Strategy Officer at Pico where he transformed the firm into an established player in the financial services space through a strong commitment to innovation and customer success.

“I am thrilled to join Quor as CEO at such a pivotal moment in the company’s journey,” Bruce said. “Quor has a strong reputation for providing best-in-class software, and I look forward to working with the highly experienced and talented team to further enhance our offerings and elevate innovation in the CTRM market. Together, we will navigate the continuously evolving global trading environment and continue to deliver exceptional value to our clients.”

Ishan Manaktala, Operating Partner at STG, added, “Bruce is a dynamic leader with a proven track record of driving growth and operational excellence. We are excited to welcome him as CEO and are confident that his leadership will propel Quor and its customers to new levels.”

As Bruce takes the helm, Quor is well positioned for further growth across all asset classes and is keen to accelerate innovation in the global commodities and trading landscape.

Quor is a leading provider of Commodity Trading and Risk Management (CTRM) software, offering comprehensive trade management solutions across asset classes such as base and precious metals, agriculture , soft commodities, and energy. The platform supports both physical and financial trading, covering trade life cycle management , risk management, logistics, settlement, and post-trade reporting. Quor has been recognized as Category Leader in the 2024 Chartis RiskTech Quadrant for CTRM solutions and is acknowledged as one of the market leaders in CTRM software, as highlighted in the most recent ComTech Vendor Perception Survey, published in 2022. For more information, please visit www.quorgroup.com

STG is a private equity partner to market-leading companies in data, software, and analytics. The firm brings experience, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering to build customer-centric, market winning portfolio companies, STG creates sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world class management teams. STG’s expansive portfolio has consisted of more than 50 global companies. For more information, visit www.stg.com.