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Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, digital documents, Check 21, interactive voice response, network services, Web hosting and design, and payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today's aggressive financial services marketplace,
and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions or its financial product line, contact Mickey Goldwasser
Tel 860.652.3153. Visit Open Solutions' Internet site at www.opensolutions.com

Fasken Martineau is acknowledged for its particular experience in banking and financial services. With more than 640 lawyers, the firm provides services in virtually all areas of the law to clients located within Canada and internationally, and in almost all industry sectors. Fasken Martineau also has expertise in both of Canada's legal systems, common law and civil law, in both English and French.
The firm's clients include both public and private companies, individuals, government agencies and professional regulatory bodies. Fasken Martineau acts for Canadian and foreign-owned chartered banks, Canadian insurance companies, other financial services providers, major industrial and processing firms, Canadian and foreign-owned investment dealers, underwriting firms and investment fund groups.
Fasken Martineau has long-standing relationships with clients such as Air Canada, AT&T, Canada Post Corporation, CP Rail, De Beers, DuPont, ING Canada, PricewaterhouseCoopers, and Rogers Communications, among other household names, as well as a number of Canadian banks. www.faskenmartineau.com

TELUS is a leading national telecommunications company in Canada, with $8.7 billion of annual revenue and 10.7 million customer connections including 5.1 million wireless subscribers, 4.5 million wireline network access lines and 1.1 million Internet subscribers. TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video. Committed to being Canada's premier corporate citizen, over the last six years TELUS has contributed more than $76 million to charitable and non-profit organizations, and has established seven TELUS Community Boards across Canada to lead its local philanthropic initiatives. www.telus.com

This event is geared for non-traditional companies looking for information about starting a bank in Canada.

KPMG will be speaking at this event along with other internationally recognized speakers including Helen Sinclair, former president of the Canadian Banking Association. Participants will also have the opportunity to speak with our sponsors including Fasken Martineau, Telus, and Fincentric/OpenSolutions.

KPMG recently announced that they will participate in this event and that Mary Filippelli, Partner-in charge of KPMG’s Regulatory Compliance practice will be a keynote speaker. Mary Filippelli believes that, “This is a fantastic time for any organization considering offering financial services into the Canadian market.” Participants will learn first hand what they can expect from start to finish.

KPMG has an experienced team of financial services professionals and extensive experience working with Canada’s leaders in the financial services industry. They have worked with several non-banks to assist in the establishment and licensing of regulated financial institutions in Canada. Apart from speaking, representatives will be on hand to share their experience and can assist applicants in the preparation and development of their application for incorporation and in managing the successful completion of business, operational and compliance-related activities required to launch a Canadian federally regulated institution.

About KPMG
KPMG has the knowledge and extensive experience around banking and the bank license application process, as well as an established program management methodology. KPMG’s team consists of seasoned consulting, tax, audit and regulatory compliance professionals who have direct experience in successfully setting up and operationalizing a number of highly successful banks in Canada.

KPMG also has strong relationships with regulators such as the Office of the Superintendent of Financial Institutions as well as the Canadian Bankers Association, the Canadian Payments Association, the Ontario Securities Commission and others in the financial community. We understand the regulations and accepted practices in the marketplace and will work with applicants to solicit support and feedback from the regulatory community and to clarify/resolve any issues that may arise.”

For more information contact:
Margo Legault
Event Sales
514.671.0208
margo@banknews.tv

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