Canadian Securities Regulators announce contractual agreement to renew CSA National Systems
Securities CSA
Montréal - The Canadian Securities Administrators (CSA) today announced that it has entered into an agreement with CGI Information Systems and Management Consultants Inc. (CGI) to renew the CSA National Systems.
Starting on June 1st, 2016, CGI will assume responsibility for preparing, configuring, testing, deploying, and then running and maintaining a new system to replace the CSA National Systems (e.g. SEDAR, SEDI, Cease-Trade Order Database, National Registration Database, National Registration Search and Disciplined List) with a single integrated solution. The new system, based on commercial software, will deliver secure transactions and ease of use as well as respond to future regulatory changes and requirements.
"We are looking forward to the deployment of a system that will be designed to better meet the current and future needs of our many stakeholder groups, internally and externally" said Louis Morisset, Chair of the CSA and CEO of the Autorité des marchés financiers.
This new system is expected to be delivered in stages throughout 2018 and 2019. A CSA/CGI transition team will work with stakeholder groups who currently use the existing systems to assist them in effectively preparing for and using the new systems.
The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
-30-
For more information:
CSA member name | Point of contact | Phone number |
---|---|---|
Autorité des marchés financiers | Sylvain Théberge | |
Alberta Securities Commission | Mark Dickey | |
British Columbia Securities Commission | Alison Walker | |
Financial and Consumer Affairs, Saskatchewan | Shannon McMillan | |
Financial and Consumer Services Commission, New Brunswick | Andrew Nicholson | |
Manitoba Securities Commission | Jason (Jay) Booth | |
Nova Scotia Securities Commission | Tanya Wiltshire | |
Nunavut Securities Office | Jeff Mason | |
Office of the Superintendent of Securities, Newfoundland and Labrador | Carl Allwood | |
Office of the Superintendent of Securities, Northwest Territories | Tom Hall | |
Office of the Superintendent of Securities, P.E.I. | Janice Callbeck | |
Office of the Yukon Superintendent of Securities | Rhonda Horte | |
Ontario Securities Commission | Kristen Rose |