CGI goes live with its real time, multi-currency e-settlement solution at W.D. Latimer Co. Limited
CGI Group Inc. (TSX: GIB.A) (NYSE: GIB), a leading provider of information technology and business process services, today announced that it has successfully converted W.D. Latimer Co. Limited, a highly regarded broker dealer, to e‑settlement, CGI’s real time, multi-currency brokerage application. W.D. Latimer is now taking advantage of this innovative technology, offering its clients unparalleled access to financial markets and a service that is unique in the Canadian marketplace.
“CGI’s flexible, real-time on-line solution will give Latimer access to information critical to managing our business at a very economical price point”, said Sesto DeLuca, President of W.D. Latimer Co. Limited. “This new infrastructure allows us to offer our clients access to real-time trading, clearing and risk monitoring solutions.”
CGI’s e-settlement, is a straight-through-processing application that enables business processes to be conducted electronically without the need for re-keying or manual intervention. This application has been designed to support all facets of the Canadian brokerage marketplace including retail, discount, institutional and full-service brokerages, and is compliant with Canada’s regulatory framework.
CGI offers a comprehensive suite of wealth management solutions for banks, brokerages, investment advisors and insurers. Its best-of-breed solutions deliver an integrated wealth services strategy to help promote insight-driven client service, improve efficiency, reduce complexity and cost, and ensure compliance.
About W.D. Latimer Co. Limited
Located in the financial district, W.D. Latimer Co. Ltd. is one of Toronto's most active broker-dealers. With more than 40 proprietary traders and specialists for the Toronto Stock Exchange, an institutional agency desk and private client services, W.D. Latimer has the experience you require. Whether you are looking for an executing broker or looking for a fulfilling career with one of Canada's largest proprietary trading firms, look no further.
W.D. Latimer continuously strives to be at the forefront of technology. We offer our clients and traders the best possible trading solutions to suit unique individual needs. In addition to W.D. Latimer's strong commitment to customer service, we pride ourselves on promoting a comfortable yet professional working environment for all our employees.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
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