TORONTO, March 7, 2018 /CNW/ - L&T Infotech Financial Services Technologies Inc. ("LTI Canada"), a wholly owned subsidiary of Larsen & Toubro Infotech (NSE: LTI, BSE: 540005), announced today it has been chosen by Trez Capital to implement Unitrax® - LTI Canada's proprietary SaaS-based, multi-tenant transfer agency record keeping platform. Trez Capital is one of Canada's largest private commercial real estate mortgage lenders and a leading alternative investment portfolio manager.
Trez Capital has selected Unitrax® to support back-office recordkeeping for its highly trusted and proven commercial mortgage fund product offerings in Canada. Trez Capital has decided to leverage the shared services platform and has collaborated with LTI Canada to better support its real estate-based investment product offering, providing greater levels of automation.
Sandy Manson, Managing Director & Chief Financial Officer, Trez Capital, said, "We chose Unitrax® from LTI Canada as our single recordkeeping platform -- repatriating our back office in the process -- in order to increase efficiency of our business and to improve client satisfaction by enhancing our service model. LTI Canada brings proven expertise and client centricity to help us position our real estate investment business for future growth."
Tina Allan, President, LTI Canada, said, "With Trez Capital on board as our newest Unitrax® client, we are excited to advance our wealth management platform into the Real Estate investment product space. This partnership will help Trez Capital increase productivity and lower operational costs. We look forward to strengthening our relationship with Trez Capital and expanding our offerings further in the mortgage funds space."
LTI Canada is a leader of IT Products & Services in Canada working with some of country's largest financial institutions, as the technology partner behind the administration of their wealth lines of business. LTI's offerings for wealth management firms include WealthDecisions®, a powerful analytics platform, that seamlessly integrates with Unitrax®, and WealthLink™ - applications for web-based access to clients' data, and Digital Case and Content Manager (dCCM) that scales up digitization, business process management, and content management initiatives.
About Trez Capital
Trez Capital ("Trez") is one of Canada's largest private commercial mortgage lenders and provides mid-market property developers and owners with quick approvals on flexible short to mid-term bridge financing. Trez has provided innovative financing for commercial properties in major centres throughout Canada and selected US markets since 1997. With offices in Vancouver, BC, Toronto, ON, Dallas, TX, and Palm Beach, FL, Trez manages a mortgage and investment portfolio of more than $2.3 billion. Follow Trez Capital on Twitter @trezcapital or visit www.trezcapital.com for more information.
About LTI Canada
Headquartered in Mississauga, Ontario, Larsen & Toubro Infotech Financial Services Technologies Inc. ("LTI Canada") is a wholly owned subsidiary of Larsen & Toubro Infotech (NSE: LTI, BSE: 540005), a leading global technology consulting and digital solutions company. With over two decades of rich experience, LTI Canada with its ﬂagship product - Unitrax® - a SaaS-based transfer agency record-keeping suite, is one of the leading wealth and asset management platform in Canada, indirectly managing ﬁnancial assets in excess of CAD$ 750Bn, enabling fund manufacturers and insurance providers to address their record-keeping needs across the product spectrum such as Mutual Funds, GICs, Hedge Funds, Alternative Investments, Institutional Funds and Insurance Wealth Products - all under one platform. LTI Canada has a deep understanding of disruptive technologies, and partners with top Canadian financial services firms to accelerate digital journeys of its clients through end-to-end consulting and implementation solutions, Smart Automation and Advanced Data Analytics, Cloud Infra & Security, Assurance Services and Business Process Management. Find out more about us at www.Lntinfotech.com/Canada or follow us @LTI_Canada email: [email protected]
LTI (NSE: LTI) is a global technology consulting and digital solutions company, helping more than 250 clients succeed in a converging world. With operations in 27 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI's Mosaic platform, enabling their mobile, social, analytics, IoT and cloud journeys. Founded 20 years ago as the information technology division of the Larsen & Toubro group, our unique heritage gives us unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 20,000 LTItes enable our clients to improve the effectiveness of their business and technology operations, and deliver value to their customers, employees and shareholders. Find more at www.Lntinfotech.com or follow us at @LTI_Global
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SOURCE LTI Canada
For further information: Media Contacts: Neelian Homem, PR & Media Relations - India, +91-900-434-5540, [email protected]; Cyril Dsilva, PR & Media Relations - Canada, +1-647-638-1033, [email protected]; Karyn Phuong, PR & Media Relations - Trez Capital, +1-647-788-1788, [email protected]