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01 September, 2020

Contemi Solutions Announces Extension of Contract With Canaccord Genuity’s UK & Europe Capital Markets Division

Canaccord Genuity’s UK & Europe Capital Markets Division Extends Post-Trade Technology Contract With Contemi

1 September, 2020: - Contemi Solutions, the global supplier of modular technology solutions to asset & wealth management, insurance and capital markets, has bolstered its relationship with Canaccord Genuity Group’s UK & Europe capital markets business, through the signing of a three-year contract extension for its post trade processing solution, NOVA. In addition to the contract extension, Canaccord Genuity will also use Contemi’s award-winning Analytics module and hosted & managed services.

For Contemi & Canaccord Genuity, the extension builds on over 20 years of existing relationship, and further underlines Contemi’s ability to work with large, sophisticated, global capital markets institutions to seamlessly transform their technological processes and systems across the back, middle and front office.

Contemi’s NOVA aims to automate middle- and back-office processing for banks and brokers, with automated pre-settlement practices, clearing and settlement and trade accounting functionality.

The award-winning Analytics solution provides intuitive, real-time intelligence, business and management information, compliance oversight and clear risk indicators via customisable dashboards and visualisations.

Canaccord Genuity will continue to use Contemi Analytics to manage and analyse their fast-paced business and have operational oversight using accurate data-driven insights. The integrated solution will support a wide range of roles and functions across the entire UK & European capital markets business. This is a prime example of a larger industry trend amongst capital markets participants, where real-time data visualization and dashboards prove to be the preferred route to go. Contemi has seen strong demand for its Analytics module in this space.

On the extension of the deal, Kean Williams, CEO at Contemi Europe said: “We are delighted to continue our long standing NOVA relationship with Canaccord Genuity and extend our services to them by welcoming them to the expanding Contemi Hosted & Managed Service. It is exciting to now support them with the latest technology to drive their post-trade efficiency and automation, along with our award-winning Analytics module for some of their key operational metrics.”

Craig Morgan, COO at Canaccord Genuity’s UK & Europe capital markets business said, “NOVA is an important part of our post trade operations and has performed well during the increased volumes during the pandemic. Extending our relationship with Contemi was an easy decision which allows us to outsource the hosting and management certain technology solutions to allow us to focus our technical resources on supporting the business.”

About Canaccord Genuity

Canaccord Genuity is the global capital markets division of Canaccord Genuity Group Inc., offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales and trading services from offices in the North America, UK & Europe, Asia, Australia and the Middle East. Our diverse team of capital markets and advisory professionals has industry and transactional expertise in key growth sectors of the global economy. We are committed to providing valued services to our clients throughout the entire lifecycle of their business and operating as a gold standard independent investment bank – expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention. More information is available at: www.canaccordgenuity.com.

About Contemi

Contemi solutions is a leading technology provider to the global financial services industry. Its full function platforms and ‘best of breed’ modular solutions help banks, wealth and asset managers, capital market participants, insurance companies and independent financial advisors cost effectively streamline operations, improve agility and harness the power of innovation in the evolving world of cloud and digital platforms. Contemi is headquartered in Singapore, and presently supports over 50 customers in 11 countries. This is achieved with a team of 200 employees spread across seven offices in the UK, Scandinavia, Australia, New Zealand and Asia, strategically positioned to ensure local support across global time zones. Find more about Contemi at: www.contemi.com

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