National Bank has partnered with RPM Technologies to implement R-Term, its exchange and settlement platform for the distribution of guaranteed investment products, with the aim of improving the bank service offering to investors and financial institutions.
This partnership is one of the steps National Bank has taken to offer clients quick access to a wide range of products that meet their needs. Martin Gagnon, senior vice-president of Intermediary Services at National Bank, said:
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"With this new partnership, our team will be able to spend more time serving our clients. Standardising and simplifying processes has enabled us to minimise administrative processing times to provide an uncompromising quality of service."
Dave Poppleton, president and CEO of RPM Technologies, said: "We are very pleased to have established this strategic partnership with National Bank, which conducted an in-depth analysis of the options available on the market before selecting our platform. The fact that it was chosen demonstrates that it is a solid investment product management solution, and confirms its status as a benchmark in the industry."
The R-Term platform provides framework-that better manage investment product distribution, as well as simplify data management and the exchange of information and funds with bank clients.
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