TSX Company Services Announces Collaboration with Diligent to Offer Board Collaboration Tools to Issuers
Apr 28, 2017, 08:45 ET
TMX's listed company support division hosts leading global provider of board management software tools for market open ceremony to celebrate
TORONTO, April 28, 2017 /CNW/ - TSX Company Services and Diligent today announced a collaboration to offer Toronto Stock Exchange and TSX Venture Exchange issuers secure, effective tools to enable board members to work on materials in real-time from anywhere. Through this arrangement, issuers will benefit from preferred pricing for Diligent's best-in-class board management software.
"We are continuously looking at ways to provide greater value to our issuers. We want to empower their boards with the mobility and productivity they want, and help position their company for long-term success," said Loui Anastasopoulos, Managing Director, TSX Company Services, Equity Capital Markets, TMX Group and President, TSX Trust. "This collaboration with Diligent reinforces our commitment to provide best-in-class technology and solutions that further strengthen our company services' offerings."
Diligent's board management software addresses five key areas: security, adoptability, service, governance and functionality, which help boards securely collaborate and enhance productivity of board meetings.
"Accelerated technology adoption combined with increasingly sophisticated cyber threats has created a perfect storm in boardrooms around the world. Many are now challenged to find a balance between technology usability, remote access and the ability to collaborate on board materials while maintaining the highest levels of information security," said Brian Stafford, CEO at Diligent. "We are thrilled this strategic agreement will give issuers access to Diligent's high quality, unified technology solutions, ensuring effective corporate governance and the security of corporations' most confidential board material."
To celebrate the agreement, Mr. Stafford will join Mr. Anastasopoulos today at 9:30 a.m. to open the market.
For more information, please visit http://www.diligent.com/tsx.
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 (SD-SDI) 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. ET and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m. ET.
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 and Singapore. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
Diligent is the leading provider of secure corporate governance and collaboration solutions for boards and senior executives. Over 4,700 clients in more than 70 countries and on all seven continents rely on Diligent to provide secure, intuitive access to their most time-sensitive and confidential information, ultimately helping them make better decisions. The Diligent Boards (formerly Diligent Boardbooks) solution speeds and simplifies how board materials are produced, delivered and collaborated on via any device, removing the security concerns of doing this by courier, email and file sharing. Visit www.diligent.com or follow us on Twitter @diligentHQ to learn more.
SOURCE Toronto Stock Exchange
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, [email protected]
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