Fidelity Clearing Canada expands executive team

~ Increased focus on technology and new products to better serve clients ~ 

TORONTO, July 13, 2017 /CNW/ - Fidelity Clearing Canada (FCC), one of Canada's leading trade execution, custody and back-office support services providers to Canadian-registered brokerage firms and portfolio managers, is bolstering its executive ranks with the appointments of  Paul Stapleton as Chief Technology Officer and Tisha Lawton as Product Solutions Vice President. 

FCC was founded in 2009 at the height of the financial crisis and has distinguished itself in the Canadian market traditionally dominated by the large banks. FCC's client base has been growing while other long standing clearing brokers and custodians have chosen to exit the market.  FCC has over 60 clients across Canada in both the broker dealer and securities commission registered portfolio manager segments of the market.

"Over the past number of years, FCC has established itself as the leading independent clearing broker and custodian, providing exceptional customer service and flexibility," said Scott Mackenzie, CEO of FCC.  "With the additions of Paul Stapleton as Chief Technology Officer and Tisha Lawton as Product Solutions Vice President, we will be uniquely positioned to deliver even more innovative technologies, products and solutions to help our clients better service their investors and grow their businesses." 

Paul has over 25 years of experience and demonstrated achievements leading technology investments for the broker dealer industry.  Previous roles include head of technology for Dundee Corp, Dundee Wealth and Guardian Capital Group.  At FCC he will be focused on expanding the IT capabilities to deliver more innovative platform solutions to help broker dealers and portfolio managers grow their businesses.   

Tisha has over 15 years of experience working in the securities industry with leadership responsibilities in product development and management, with a focus on fee-based and managed platforms. Her extensive experience with advisors allows her to have a keen awareness of their needs and preferences, which will help her formulate and execute FCC's investment product and platform roadmap.

About Fidelity Clearing Canada

Fidelity Clearing Canada provides clearing, custody and trade execution services to Canadian registered broker/dealers and Portfolio Managers. FCC helps clients thrive by enhancing their operational efficiency and supporting the growth of their businesses, driving confidence, clarity and results. For more information, please visit https://clearingcanada.fidelity.com

SOURCE Fidelity Clearing Canada

For further information: please contact: Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: (416) 307-5388, M: (416) 795-7762, E: chris.pepper@fmr.com

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Fidelity Clearing Canada

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