News

SITQ deploys FinlogiK

MONTREAL – December 15, 2009 – SITQ, a real estate subsidiary of the Caisse de dépôt et placement du Québec, deploys FinlogiK.

FinlogiK is proud to announce that it has implemented a new system for debt management, foreign exchange and managing financial risks at SITQ, subsidiary of la Caisse des dépôts et placements du Québec, which will help better support the future growth of their activities. With FinlogiK, business and operational processes are faster and more efficient. Thus, members of the treasury team at SITQ can now spend less time worrying about operational trade management issues and more time analyzing the information to make better decisions. "The collaborative work of project teams at SITQ and FinlogiK has facilitated this software migration so that the project was completed on time and under budget." said Patrick Pelletier, Vice-President FinlogiK.

"Over our ten year business relationship, the quality of FinlogiK’s support and their constructive approach to creating business solutions to address our issues has helped us from planning to implementation. FinlogiK stands above the competition in the niche of specialty finance and treasury software”, said Michel Borduas, Treasurer SITQ.”

FinlogiK is a full fledged Straight-Through Processing Trade and Portfolio Management System designed for the buy-side to support derivatives and securities transactions. FinlogiK offers a superior return on investment to our clients by combining straight forward user interfaces, easy system configuration with the robustness of integrated workflow processes, full security, audit capability and powerful user-friendly reporting. FinlogiK manages more than fifty types of financial instruments ranging from simple cash instrument (FX spot, money markets, bonds, equities) to complex derivatives (futures, options, swaps, TRS, CDS) in the following asset classes: FX, Fixed Income, Equity and Credit.

About SITQ
SITQ is a real estate investment, management and development firm with a portfolio specializing primarily in office buildings and business parks. SITQ owns real estate assets of CAD $12.4 billion, consisting of 122 properties representing more than 39.6 million square feet of leasable space. A leader in the Canadian real estate industry, SITQ also owns assets in the United States, France, the United Kingdom and Germany.
SITQ is a real estate subsidiary of the Caisse de dépôt et placement du Québec. Its shareholders are the Caisse and five leading pension funds. SITQ employs nearly 400 people in its head office in Montréal and in Québec City, as well as its offices Calgary, Paris (France), Frankfurt (Germany) and Brussels (Belgium). For more information: www.sitq.com

About FinlogiK Inc.
FinlogiK specializes in financial software solutions for fund managers, financial services and companies. FinlogiK combines expertise in finance, in capital markets, operations, accounting and technology to provide software solutions and affordable financial performance to its customers. Our solutions are designed to help companies on several levels: front-to-back trade management, treasury management and derivatives valuation.
FinlogiK’s clients include prestigious companies such as GE Capital, UBS Global Asset Management, National Bank of Canada and Desjardins Global Asset Management.

Media Contact:
Yslane M’Sahi
Direct: 1.514.938.8448 #247
Email: ymsahi@finlogik.com

 

 

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