COGNICASE Secures a Contract With TD Waterhouse Canada
MONTREAL, QUEBEC, CANADA--OCTOBER 23, 2001 - 11:12 EDT
COGNICASE Inc. (Nasdaq: "COGI"), a
provider of advanced transaction processing solutions and
Internet-based applications, today announced it has signed a
three-year application services provider (ASP) contract renewal
with TD Waterhouse Investor Services (Canada) Inc., valued at
approximately $1 million. Under the terms of the contract,
COGNICASE's Financial Products Group will continue to develop,
deploy and host software designed to process the Registered
Education Savings Plan (RESP) Portfolio product for TD Waterhouse
customers.
"Individual customer needs within the Canadian financial services
marketplace continue to become more sophisticated. We appreciate
the confidence TD Waterhouse has expressed in our ability to meet
these needs with an effective RESP portfolio management solution,"
stated COGNICASE Senior Vice-President Jay Cashmore.
"Significant contract renewals serve as a key component of our
growth strategy. They also provide momentum for leveraging our
Canadian-based business for future expansion into international
markets," concluded Cashmore.
"We renewed our contract with COGNICASE because their systems help
TD Waterhouse to meet its key goal - providing our clients with
optimum customer service," said Dann Kupiec, Senior Vice President
and Managing Director of Securities Operations, TD Waterhouse.
COGNICASE's wealth management distribution system consolidates all
customer accounts into one manageable relationship. Flexible and
adaptable, the company's technology can be easily scaled to add
new applications and capabilities as customer needs grow.
COGNICASE's technology will enable customers to access their RESP
accounts through a variety of delivery channels.
About COGNICASE
COGNICASE (TSE: "COG", Nasdaq: "COGI") is an IT products and
services provider specializing in advanced transaction processing
and Internet-based applications. Relying on its results-driven
approach, its software and technology and its international
Internet engineering and hosting centre, COGNICASE offers secure
and scalable solutions that contribute to its customers' economic
success in the age of the new economy. The Company is active in
several countries, including Canada, the United States, France,
Spain, Belgium, and the Netherlands |
