Introducing the future of KYC
Be part of a better solution for KYC compliance with less friction, fewer repeated processes and better outcomes. CanDeal’s KYC Utility is a centralized platform that securely collects and stores AML/KYC information from approved public sources and directly from clients. Clients control who can access their data while banks eliminate inefficient processes and updates, reducing repetitive outreach and improving transparency across the KYC process. CanDeal’s solution lowers operational burden and costs, and supports standardized refresh cycles for participating banks.
Join our pilot and advance KYC innovation
Be part of the industry collaboration and ensure the best solution for all. You’ll get an early look at the solution and your input will help make it the premier KYC compliance solution for Canada’s financial community, that satisfies your needs.
Contact us at kyc@candeal.com to learn more.
CanAuction
CanDeal delivers a seamless fixed income auction experience between issuers and dealers. Issuers access a complete suite of tools to establish and manage an auction – with comprehensive monitoring, communications and analytical features. Dealers receive notifications, efficiently submit bids and assess benchmark and performance metrics.
CANIssue
CANIssue manages the workflow for dealers participating in the Canadian Corporate New Issue Bond Market. Dealers value the efficiency and community that the application provides. Syndicates manage issue information, client orders and market-wide communications through the shared service. Institutional clients access our online portal to participate in new issues and to take advantage of one centralized source of new issue information.
ELECTRONIC BUYBACK PLATFORM
CanDeal pioneered Canada’s first electronic buyback auction platform. Working with the Bank of Canada, CanDeal developed the ‘reverse auction’ platform used to facilitate the bond purchase programs. Launched in Q2 2020, the $60 billion programs for provincial and corporate bond debt provides dealers and clients with the opportunity to sell securities to the central bank through an auction process.
Know Your Customer: KYC COMPLIANCE
CanDeal helps banks and buyside firms deploy technology and procedures in order to manage client information that will satisfy the firm’s “Know Your Client” (KYC) and Anti-Money Laundering (AML) policy. CanDeal’s technology captures detailed client due diligence information for use in analysis, monitoring and reporting, in support of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) rules.
OPTIMIZE ODD LOTS
CanDeal is helping dealers optimize odd lots for Canadian securities. Our electronic platform streamlines the process of buying or selling odd lots between dealers. With access to extensive liquidity, CanDeal identifies opportunities through algorithmic price discovery that satisfies the respective counterparties for odd lot trading.