Canaccord Genuity to leverage Katipult's technology offering as a digital complement to its capital raising and private placement capabilities
We are pleased to announce that Katipult has entered into a multi-year software license agreement and strategic co-marketing agreement with Canaccord Genuity.
The agreements support Katipult's growth and market expansion plans with a focus on strengthening its market position in Canada and expanding its presence in the U.S., UK and Australian capital markets.
This expanded commercial relationship serves to forge a productive relationship between Katipult and CG that:
- Provides Canaccord Genuity with access to Katipult's software for deployment across its wealth management and capital markets businesses, which operate from locations in Canada, the U.S., UK and Australia, for the purpose of enabling CG to execute capital raising and related services in a secure digital environment;
- Leverages CG's established capital markets expertise and international presence to support Katipult in its deployment of existing and new technology solutions for expediting deal flow, managing compliance and fast-tracking the delivery of services to clients; and
- Fosters ongoing collaboration between Katipult and CG to support the continued advancement of Katipult's digital solutions, in support of Katipult's ambitions of becoming a leading global provider of capital markets software infrastructure.
"We are thrilled to solidify our relationship with Canaccord Genuity, a leading independent investment dealer that has deeply established capabilities and relationships in key financial markets across the globe," said Gord Breese, CEO of Katipult Technology Corp. "With this development, we expect to accelerate our strategic priorities to strengthen our market position, and ultimately create value for our shareholders."
"Katipult provides a powerful, cloud-based infrastructure that will allow us to manage our private placement activities in a digital environment and improve coordination across teams and geographies, so that we can provide the best possible outcomes for our clients," said Pat Burke, President Capital Markets – Canada, Canaccord Genuity Corp. "We look forward to continued collaboration with the Katipult team as we increase our offering of secure, digital solutions for our employees and clients in this rapidly evolving marketplace."
To learn more about Canaccord Genuity, visit www.cgf.com
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