The announcement marks the latest stage in Excelian’s rapid expansion as the firm continues to invest heavily in building a global presence, enhancing its ability to deliver award-winning technology consultancy to clients across Europe, North America, Africa and Australia.
The Toronto office will be led by the newly appointed Chamin Bellana, Head of Excelian Canada. Chamin joins Excelian with 14 years’ experience working in senior roles in Capital Markets, most recently as Director of Global Banking and Markets (Risk) at Scotia Capital, Canada, where he was responsible for their CAD $26m Risk programme.
“There is significant demand in Canada for Excelian’s high-technology expertise,” he explains. “Clients value the fact that we are on the ground in Toronto. By recruiting locally, we remain fluent in the nuances of the Canadian market and regulatory landscape. At the same time, our international teams provide a detailed understanding of global financial markets, such as Fixed Income, Commodities and Foreign Exchange in London or Equities in New York. This dual perspective allows us to solve complex technological challenges that span multiple jurisdictions.”
He also highlights the benefit of investing locally: “The move has been greeted very favourably by the Government of Ontario and the Toronto Financial Services Alliance. We are investing in the Canadian economy, creating jobs and developing local talent.”
Janet Ecker, President of TFSA stated “We are pleased to welcome Excelian to our growing financial technology market here in Toronto. The financial services industry is facing many regulatory and economic pressures which technology solutions like this can address. This company is an excellent example of the kind of technology and business support we are attracting to support our financial sector.”
“Canada is an important market for Excelian,” says Jeremy Ward, CEO of Excelian. “Canadian banks are in a very strong position, having developed an excellent reputation during the financial crisis, particularly in Asia and Latin America. Investing in high-end technology will help them to capitalise on this.
“Our presence in Toronto allows us to maintain a close working relationship with our Canadian clients, adding significant value as trusted technology partners. It also enables us to fulfil many requests from vendors such as Murex, OpenLink, Calypso, Oracle and Microsoft to provide expert-led integration teams to their clients in Canada.”
He concludes, “We have already secured two projects with major banks in Canada and have more projects in the pipeline. It’s a very exciting time and region for Excelian.”
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