Quor Group, a leading CTRM solution provider, has appointed Saeed Patel as its new chief product and technology officer.

Quor is a leading provider of advanced commodity trading, and commodity management solutions to commodity traders and trading companies.

With 30 years of experience in commodities technology, FinTech, and RegTech leadership positions, Patel has developed a track record in successfully delivering strategic software development programs across various ventures, ranging from start-ups to global commodities trading firms.

Before joining Quor, he was the group director of product development management at Eastnets, a prominent global provider of compliance risk and payment solutions to more than 800 banks.

Prior to that, he served as the director of product strategy at KRM22, a UK AIM listed company specialising in offering risk management solutions to financial institutions.

Patel spent 17 years at EDF Trading Markets, where he held a range of positions, including CTO and head of business transformation.

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During his tenure, he successfully developed and expanded the CTRM platform, elevating it from a fledgling start-up to a prominent global energy trading house.

He began his career at National Grid, where he specialised in implementing trading solutions aimed at decentralisation of the UK power market.

In his new role at Quor, Patel will be responsible for delivering the product and technology strategy.

Steve Hughes, Quor Group’s CEO, said: “We are thrilled to have Saeed join our team. With his extensive knowledge and expertise, he will be a valuable asset to our organisation. We look forward to working with him and achieving great success together.”

Patel added: “I am thrilled to become a part of Quor Group, a leading global provider of CTRM solutions, where I will be working with an exceptionally skilled team.

“My focus will be on implementing our cutting-edge product and technology strategy to position Quor Group as a significant disruptor in the fiercely competitive CTRM marketplace.”

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