MacDougall, MacDougall & MacTier signs 3-year contract with Thomson Reuters. Montreal-based capital managers MacDougall, MacDougall and MacTier (MMM) has signed a 36-month contract to use information-service provider Thomson Reuters' eXimius technology to integrate its wealth-managment systems and processes.

"The eXimius front-office application will enable us to provide unmatched service tailored to meet the requirements of our private investment-management clients wherever they may be," says MMM's president and CEO Tim Price.

Competition

eXimius says it provides client-management, portfolio-management, wealth-planning and reporting capabilities that support firmwide oversight and multi-level compliance without impeding productivity.

"We're delighted to have signed one of Canada's most prestigious wealth-management firms which has a long and distinguished history in Ontario and Quebec," says John Fennelly, head of Thomson Reuters' wealth-management technology business.

MMM says it went with eXimius because it wanted to bolster performance and risk capabilities with a view to improving overall client service in an increasingly competitive marketplace.

New York-based Thomson Reuters is the result of Toronto-based Thomson Corporation's April 2008 acquisition of London-based Reuters.

Thomson bought eXimius from Mechelen, Belgium-based Business Architects early in 2007. -FWR

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