Investment Industry Association Welcomes 10 Affiliates



    TORONTO, June 8 /CNW/ - The Investment Industry Association of Canada
(IIAC) is pleased to announce ten leading Canadian firms have joined IIAC as
affiliates. IIAC and its affiliates share information and address a range of
issues affecting the broker/dealers serving Canadian institutional and retail
investors. Affiliates are firms that participate in the securities industry or
that offer securities processing facilities or other services to IIAC members.
IIAC and its affiliates have common interests in promoting Canadian capital
markets efficiency and innovation. The Association's first affiliates are:
Broadridge (formerly ADP Brokerage), egX Canada Inc., Freedom International
Brokerage Company, IBM Canada Ltd., Montréal Exchange, Omgeo, PriceMetrix
Inc., Shorcan Brokers Limited, SS&C Technologies and TSX Group Inc.
    Ian Russell, President and CEO of the Investment Industry Association,
said: "Canadian securities dealers cannot expect to compete truly effectively
in Canadian or international capital markets by operating in isolation.
Working together and with our affiliates, our members will be better informed,
better prepared, better able to meet their clients' needs in a constantly
evolving world."
    The Investment Industry Association offers affiliates information,
influence and member access. Affiliate benefits include invitations to
Association member-only events, personalized briefings, attendance at select
meetings and other options.
    Mary Wong, Vice-President - Marketplace Operations of egX Canada, the
world's first real estate securities exchange, says "egX Canada is very
pleased to be one of the first affiliate members of the IIAC. egX Canada
intends to work with the IIAC to better understand and serve member needs. We
look forward to providing the members an innovative venue to transact real
estate products." Jim Magee, President of the inter-dealer broker Shorcan,
added: "Shorcan is a friend to the community - in our city, in our markets, in
our world. We know that we are only as good as the company we keep. Becoming
an IIAC affiliate enables us to connect even more fully in the securities
community."
    Russell continued: "Success in today's fast-paced markets is determined
by how fast companies can obtain information and take advantage of it. The
combination of our affiliates, the Association and our members speeds and
expands information-sharing, providing synergies for us all. This will
contribute to further achievements by the Canadian securities industry.

    The Investment Industry Association of Canada (IIAC), formerly the
industry association arm of the Investment Dealers Association of Canada
(IDA), advances the position of the Canadian investment industry on regulatory
and public policy issues. As the professional association for the industry,
the Investment Industry Association has a mandate to promote efficient, fair
and competitive capital markets for Canada while helping its member firms
across the country succeed in the industry.

    
    WELCOME TO OUR AFFILIATES

    BROADRIDGE FINANCIAL SOLUTIONS  Accurate. Dependable. Efficient.

    Contact:  Michael Dignam, President - Securities Processing Solutions,
              Canada
              Tel: (416) 865-6507; E-mail: michael.dignam@broadridge.com;
              www.broadridge.com
    "Broadridge focuses entirely on what we do best - helping financial
    services institutions and public companies around the world become more
    efficient and more focused on better serving their customers. Working
    with IIAC helps us help our clients."

    EGX CANADA INC.  The world's first real estate exchange

    Contact:  Alexia Helgason, Manager - Marketing
              Tel: (604) 681-7210, x129; E-mail: ahelgason@egxcanada.com;
              www.egxcanada.com
    "egX Canada is very pleased to be one of the first affiliate members of
    the IIAC. egX Canada intends to work with the IIAC to better understand
    and serve member needs. We look forward to providing the members an
    innovative venue to transact real estate products."

    FREEDOM INTERNATIONAL BROKERAGE COMPANY  Move fast. Trade smarter.

    Contact:  Peter C. McRae, President and CEO
              Tel: (416) 367-2901; pmcrae@freedom.ca; www.freedom.ca
    "As Canada's largest full-service inter-dealer broker, Freedom is excited
    to be a part of the inaugural IIAC Affiliate Program. With Freedom's
    client base being almost exclusively IIAC members, we expect the
    Affiliate Program will be a very valuable resource in helping Freedom
    maintain a meaningful two-way dialogue with its constituents."

    IBM CANADA LTD.  Innovation for Results

    Contact:  Ralph Jones, Securities Industry Services (SIS) Sales Manager
              Tel: (416) 478-5923; E-mail: rljones@ca.ibm.com;
              www-03.ibm.com/services/ca/en/sis
    "IBM SIS is committed to our customers in the Canadian securities
    industry. Being an IIAC affiliate provides us with a great opportunity to
    better serve our customers and to share our expertise to help shape the
    broader financial markets community."

    MONTREAL EXCHANGE

    Contact:  Jean-Charles Robillard, Director, Media Relations and
              Communications
              Tel: (514) 871-3551; Email: jcrobillard@m-x.ca;
              www.m-x.ca/accueil_en.php
    The mission of the Montréal Exchange is to operate and develop high-
    quality market and clearing services for the benefits of its Canadian and
    international clients. We believe that being an affiliate of the IIAC is
    one way to help us remain in the forefront of worldwide developments in
    capital markets.

    OMGEO  Shaping STP

    Contact:  David Sexsmith, Relationship Manager
              Tel: (905) 767-5405; E-mail: David.Sexsmith@omgeo.com;
              www.omgeo.com/canada/index.php?lang=3
    "Omgeo appreciates the value IIAC brings to the industry as a promoter of
    community by providing a venue for key constituents to explore industry
    issues."

    PRICEMETRIX  Realize Your Value

    Contact:  Doug Trott, President & CEO
              Tel: (416) 955-0514 X229; E-mail: doug.trott@pricemetrix.com
              www.pricemetrix.com
    "We are enthusiastic about the opportunity to work with the new
    Investment Industry Association of Canada. The IIAC performs a pivotal
    role in advocating for the securities industry on behalf of retail and
    institutional participants, and also those that invest in Canada's
    capital markets. The Affiliate Program will diversify the base of IIAC
    constituents and contribute to the ongoing vibrancy of the Association.
    Congratulations on your first year as the new IIAC!"

    SHORCAN BROKERS LIMITED  The next trade

    Contact:  Shah Asmi, Head of Marketing
              Tel: 416.360.2500; E-mail: sasmi@shorcan.com or
              info@shorcan.com; www.shorcan.com
    "Shorcan is a friend to the community - in our city, in our markets, in
    our world. We know that we are only as good as the company we keep.
    Becoming an IIAC affiliate enables us to connect even more fully in the
    securities community."

    SS&C TECHNOLOGIES  Expertise. Technology. Power.

    Contact:  Tanya Weidinger, Product Management - FMCNet
              Tel: (905) 212-3289; tweidinger@sscinc.com or
              solution@sscinc.com; www.ssctech.com
    "Our vision is to leverage our expertise and technology to empower our
    clients. Being affiliated with the IIAC brings us closer to our
    clients."

    TSX GROUP INC.

    Contact:  Steve Kee, Director, Media & Marketing Tel: (416) 947-4682;
              Email: steve.kee@tsx.com; www.tsx.com
    "Global markets demand greater connectivity among market participants.
    The IIAC plays a vital role in connecting Canadian market participants in
    a period of profound change."
    





For further information:

For further information: Annie Côté-Kennedy, Director, Public Affairs,
Investment Industry Association of Canada, Tel: (416) 687-5474, E-mail:
acotekennedy@iiac.ca

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Investment Industry Association of Canada (IIAC)

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