Canaccord Capital Selects Accurate Software
Accurate Software has been awarded a contract by recently listed Canaccord Capital Corporation, Canada’s largest independent full service investment dealer, to deploy Accurate’s operational risk management solution, Accurate NXG. Canaccord Capital is licensing the solution to improve the automation of its reconciliation and exception management processes, for cash and securities at its Toronto and Vancouver operations. Canaccord Capital will use the reconciliation and exception management components of Accurate NXG to streamline and simplify the processing of listed, OTC and Option trades, cash, fees and commissions associated with its domestic and cross-border business. Canaccord is also deploying Accurate’s business intelligence Dashboard technology to improve the company’s management reporting. The implementation, which began in August 2004, is expected to go live in early 2005.