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Bank of Canada Chooses OpenLink’s Findur

Canada’s central bank has signed up as OpenLink’s latest client for its Findur solution. The Bank of Canada (BoC) has licensed Findur to support its role as the government’s fiscal agent, responsible for issuing foreign debt and investing the proceeds, which includes managing bond, money market, loan, FX and swap transactions.

Nick Close, BoC’s financial markets department advisor, says, “We selected OpenLink as our vendor of choice after a rigorous, lengthy review process. Findur’s straight-through processing and operational risk mitigation capabilities were the key elements that led to our ultimate selection.”

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