LTIMindtree Strengthens Partnership with Desjardins Group
December 06 2022 - 10:00AM
Business Wire
LTIMindtree, a global technology consulting and digital
solutions company, announced today that it has successfully
migrated Desjardins Group’s Segregated fund offerings onto
Unitrax®, a proprietary, SaaS-based, multi-tenant transfer agency
record-keeping platform of LTIMindtree in Canada.
Desjardins Group’s segregated funds have joined their mutual
fund offerings, already on the Unitrax® platform, and will leverage
additional cloud-based products from LTIMindtree’s suite of
offerings, including WealthDecisions and WealthLink.
WealthDecisions enables access to data and integration to
downstream systems, while WealthLink provides advisors with
convenient, secure, and encrypted access to real-time account
information. This expanded partnership will significantly improve
client and user experience through a single, streamlined,
modernized platform, improve time-to-market for new and innovative
products, and deliver meaningful insights to the business.
Tina Allan, President, LTIMindtree (Canada), said, “We
are thrilled to have grown the family of Desjardins Group’s wealth
management products on the Unitrax® platform. Our teams worked very
closely and collaboratively, leveraging automation and innovation
where possible to ensure a smooth transition. We have been proud
technology partners of the Desjardins Group for almost three
decades, and we look forward to continuing to support the
Desjardins Group in their digital transformation journey.”
Eric Landry, President and CEO, Desjardins Investment,
said, “As Desjardins continues its digital transformation journey,
partnering with LTIMindtree in Canada is a natural fit. The team
made the transition from our legacy systems to Unitrax® seamless
for our clients and provided a solid base for future development
and growth.”
LTIMindtree is a global leader in the IT Products and Services
industry working with some of the largest financial institutions in
Canada. Unitrax® is a SaaS-based proprietary platform that enables
fund managers and insurance providers to administer their wealth
management products. Unitrax supports a wide range of products such
as mutual funds, segregated funds, GIC, hedge funds, alternative
investments, institutional funds, and offshore funds, all under one
platform.
About LTIMindtree
LTIMindtree is a global technology consulting and digital
solutions company that enables enterprises across industries to
reimagine business models, accelerate innovation, and maximize
growth by harnessing digital technologies. As a digital
transformation partner to more than 750 clients, LTIMindtree brings
extensive domain and technology expertise to help drive superior
competitive differentiation, customer experiences, and business
outcomes in a converging world. Powered by nearly 90,000 talented
and entrepreneurial professionals across more than 30 countries,
LTIMindtree — a Larsen & Toubro Group company — combines the
industry-acclaimed strengths of erstwhile Larsen and Toubro
Infotech and Mindtree in solving the most complex business
challenges and delivering transformation at scale. For more
information, please visit www.ltimindtree.com.
To visit LTIMindtree (Canada) website, please click:
https://www.LTIMindtree.com/Canada
About Desjardins Group
Desjardins Group is the largest cooperative financial group in
North America and the fifth largest cooperative financial group in
the world, with assets of $404 billion. It was named one of the
2022 Canada's Top 100 Employers by Mediacorp. To meet the diverse
needs of its members and clients, Desjardins offers a full range of
products and services to individuals and businesses through its
extensive distribution network, online platforms, and subsidiaries
across Canada. Ranked among the world’s strongest banks according
to The Banker magazine, Desjardins has one of the highest capital
ratios and credit ratings in the industry.
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version on businesswire.com: https://www.businesswire.com/news/home/20221128005910/en/
Media Contact: Shambhavi
Revandkar | +91 9769509545 | media@ltimindtree.com
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