Market open ceremony marks new agreement to provide cloud-based corporate solutions to public and private companies
TORONTO, Nov. 8, 2016 /CNW/ - TSX Company Services, TMX Group's listed company support division, today announced a strategic alliance with Solium Capital Inc. (Solium) (TSX:SUM), a leading provider of cloud-enabled services for global equity administration, financial reporting and compliance. The agreement, effective immediately, seeks to leverage the depth of capabilities across the two organizations to offer enhanced services to both public and private companies.
"We are excited to enter into this alliance with Solium, an innovative industry leader, to broaden and invigorate our client offering," said Loui Anastasopoulos, President, TSX Trust and Managing Director, TSX Company Services, TMX Group. "As we continue our work to address priority needs in the market place, we believe Solium's leading edge technology and services are a natural extension of our existing suite of transfer agent, trust and private markets solutions."
"TSX Company Services is a powerful brand in the Canadian market," said Cameron Hall, EVP Canada, Solium. "The strategic relationship between TMX and Solium will help Canadian-listed companies access high quality, unified solutions to manage their equity compensation and savings plans. This flexible, integrated solution is superior to anything in the marketplace today."
To celebrate the agreement, Mr. Hall and several of Solium's Board Members, will join Mr. Anastasopoulos, this morning at 9:30 a.m. to open the market.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 100 countries. Follow us @Solium and visit us at solium.com.
SOURCE Toronto Stock Exchange
For further information: please contact: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, [email protected]; Conrad Seguin, Solium Investor relations, NATIONAL | Equicom, 416.586.1951, [email protected]