San Bruno, CA, March 23, 2016 – Qumu (NASDAQ: QUMU), the leader in enterprise video, today announced that seven of its new or expanded customers in Q4 2015 were in the financial services industry.
Twelve of the 50 largest financial services institutions in the world are now using the Qumu enterprise video platform
Qumu is a leader in enterprise video solutions for the financial services industry, with twelve customers out of the world’s 50 largest financial services institutions by revenue. In addition, two out of the three largest U.S. property and casualty insurance companies are Qumu customers. This growth and account retention in a fast-moving market with extremely high expectations is a testament to Qumu’s ability to innovate and execute.
“Global banks and other large financial institutions demand more than your typical enterprise video solution,” said Vern Hanzlik, president and CEO of Qumu. “Our strong track record with financial services firms – both new and returning customers – demonstrates our ability to not only meet their extremely high expectations for global reach and content security, but to successfully deploy their video solutions for the long term.”
About Qumu Corporation
Video is today’s document. Qumu Corporation (NASDAQ: QUMU) provides the tools businesses need to create, manage, secure, distribute and measure the success of their videos. Qumu’s innovative solutions release the power in video to engage and empower employees, partners and clients. Qumu helps thousands of organizations around the world realize the greatest possible value from video and other rich content they create and publish. Whatever the audience size, viewer device or network configuration, Qumu solutions are how business does video. Additional information can be found at www.qumu.com.
Pete Steege, Director of Marketing Communications