Discover why financial services companies continue to choose Toronto for growth and expansion.
Validus Risk Management
Providing financial risk-management advice to alternative asset managers and their portfolio companies in Europe and North America, Validus specialists use proprietary technology to quantify their clients’ non-core financial risks in the areas of foreign exchange, interest rates and commodities. In that context, they construct and monitor hedging strategies for their clients to minimize the impact of these risks.
As a global leader in risk data management and regulatory reporting solutions for the financial industry, AxiomSL counted several Canadian banks among its customers and so decided they needed to have ‘boots on the ground’ in the business capital of Canada.
With the opening of their Toronto office in 2016, recruitment consultancy Robert Walters now has a presence in 27 countries. As a growing financial hub, Toronto is an important new market for Robert Walters, offering a highly skilled workforce and a dynamic business environment.
With over 50 employees in offices across North America, Cohere has seen the need to maintain a small presence in Toronto for several years.
Find out why Ortec Finance chose Toronto has their home base in North America.
A Mexican bank finds a niche in Canada’s financial marketplace.
Infrasoft Technologies Limited
“Our market in Canada is relationship-oriented,” says Mirjankar, one of the founding Partners of InfrasoftTech. “We need a local operation here. We cannot run it from India. The customers are different. The approach is different. If you try to run it by remote control, it won’t work. We need to be here. We need to be seen working closely with our customers.”
“Toronto won hands down against other North American cities. There’s more P3 activity in Toronto, costs are more reasonable and work permits were easier to arrange.”
With 65 employees and with two Canadian clients already using the company's services, DNM expanded its global operations in January of 2014, opening its first North American office in Toronto.
It just made sense for us to locate our Canadian office here,” says Ian Oliver, Director at PTS Consulting Canada Limited. “If you’re going to operate in the financial services sector in this country, then you really need to be in Toronto.
Most of Payvision’s current and potential partners are located in Toronto as well, and the city’s location enables clients and personnel to travel between Payvision’s Canadian and U.S. offices in New York in about an hour and a half.
“But in all the locations where we’ve opened an office, I’ve never experienced the welcome that we’ve received in Toronto,” says Sheila Flavell, the company’s Chief Operating Officer.
The availability of high-quality talent with a range of skills and expertise was a crucial factor to helping Excelian make the decision to expand into the Toronto market.
When CSI Enterprises began planning for expansion into Canada, it didn’t take long to identify Toronto as a prime location for its Canadian office.
Apex Fund Services
Apex Fund Services is expanding its Toronto based Canadian Subsidiary to offer specialized services to Canadian fund managers such as international best practices, real-time middle office administrative services, and operation risk reporting services.
Industrial and Commercial Bank of China
To better serve the fast-growing Canada-China trade and investment market, the Industrial and Commercial Bank of China Limited established its Canadian head office in Toronto’s financial district.