New York – March 24, 2014 – ACTIV Financial, a global provider of real-time, multi-asset financial market data and technology solutions, today announced it has appointed Collaborative Financial Services Inc. (CFSI) as its exclusive agent in Canada to support the firm’s continued growth in the region. The agreement encompasses all market data feed products and associated enterprise distribution technology.
“We are pleased to secure CFSI as our strategic Canadian partner,” said Frank Piasecki, President of ACTIV Financial. “As we continue to expand our market data solutions addressing the requirements of the underserved enterprise space, we wanted to ensure we selected a team that could support our institutional clients at the highest level. CFSI’s extensive understanding of the Canadian Capital Markets along with their years of expertise in managing financial technology for institutions across the globe, made them the obvious choice."
“We are extremely excited to represent ACTIV in Canada,” remarked Jim Davies, Co - Founder and Managing Partner at CFSI. "ACTIV’s long standing reputation as a leading high quality data provider fits perfectly with our strategy to offer ‘Best of Breed’ solutions. In addition, as the cornerstone of our service offerings, ACTIV products provide us with a state of the art market data platform that we can leverage with other complimentary services we will be offering."
About ACTIV Financial
ACTIV Financial is a global provider of real-time, multi-asset financial market data and solutions. ACTIV offers neutral, managed services for buy and sell-side firms and technology providers seeking a complete market data solution that encompasses both global content management and data delivery. With coverage spanning more than 200 equity and derivatives exchanges around the world, ACTIV is the only truly end-to-end, independent market data utility in the industry. Founded in 2002 by market data specialists, the firm is privately owned and has offices in Chicago, New York, Tokyo, Singapore and London. More information can be found at http://www.activfinancial.com.
Working closely with technology partners and associates, CFSI is assembling a suite of complimentary solutions and services tailored to meet the specific needs of financial professionals in the Canadian Capital Markets. Leveraging ‘Best of Breed’ products and services allows CFSI to offer our clients innovatively packaged cost effective solutions while removing the complexity of managing multiple vendors. Recently founded by Jim Davies, Will Kennedy and Dave Mulder, the firm has offices in Toronto.More information can be found at http://www.cfsica.com.