The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

National Bank Improves its Guaranteed Investment Products Distribution Through a Partnership with RPM Technologies

Monday, June 03, 2013

National Bank Improves its Guaranteed Investment Products Distribution Through a Partnership with RPM Technologies

15:54 EDT Monday, June 03, 2013

MONTREAL, June 3, 2013 /CNW Telbec/ - National Bank is pleased to announce a partnership with RPM Technologies to implement R•Term, its exchange and settlement platform for the distribution of guaranteed investment products, thereby improving the Bank service offering to investors and financial institutions.

This partnership is one of the steps National Bank has taken to roll out the red carpet for its clients, notably by offering them quick access to a wide range of products that meet their needs. Martin Gagnon, Senior Vice-President of Intermediary Services at National Bank, stated: "With this new partnership, our team will be able to spend more time serving our clients. Standardizing and simplifying processes has enabled us to minimize administrative processing times to provide an uncompromising quality of service."

Dave Poppleton, President and Chief Executive Officer of RPM Technologies said: "We are very pleased to have established this strategic partnership with National Bank, which conducted an in-depth analysis of the options available on the market before selecting our platform. The fact that it was chosen demonstrates that it is a solid investment product management solution, and confirms its status as a benchmark in the industry."

The R•Term platform provides a secure and flexible framework-that can accept orders both from the Cannex network as well as GICSERV-to better manage investment product distribution, as well as simplify data management and the exchange of information and funds with Bank clients.

About RPM Technologies
RPM Technologies is a privately held Canadian company focused on building software solutions for the Canadian financial services marketplace. RPM has been providing business solutions to the investment industry for over 15 years. Its staff of more than 100 business and technical experts provides services to financial institutions in Canada. RPM is considered an industry leader in investment product distribution and management. RPM's enterprise platforms are implemented within all sectors of the wealth management market, including banks, dealers (IIROC and MFDA) and investment funds.

About National Bank of Canada
With $185 billion in assets as at April 30, 2013, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups, and was named among the 20 strongest banks in the world by Bloomberg Markets. The Bank has close to 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.

SOURCE: National Bank of Canada

For further information:

(The telephone number provided below is for the exclusive use of journalists and other media representatives.):

Jean-François Lauzon
Advisor - Public Affairs
National Bank
Tel.: 514-394-6097

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections