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Canaccord Capital licenses NSIGHT CRM platform

11 November 2005  |  2323 views  |  0 Source: NSIGHT Enterprise Software

NSIGHT Enterprise Software, LLC, an information technology solutions provider to the institutional finance community, announced today that Canaccord Capital has selected iStar Workstation 1.0 for Institutional Equities as its CRM platform.

Canaccord Capital is a leading independent investment dealer with operations in Canada, the US and the UK, and will be deploying iStar Workstation to the research, institutional sales and trading, and investment banking divisions of its global capital markets platform.

iStar Workstation 1.0 for Institutional Equities is an innovative customer relationship management solution developed specifically for the institutional brokerage environment. iStar delivers critical information, communication and analysis tools to research analysts, salespeople and traders to improve their productivity and effectiveness.

"NSIGHT offers a focused, flexible product that will enhance Canaccord Capital's ability to meet our clients' specific needs," said Paul Reynolds, Vice Chair and Head of Global Capital Markets at Canaccord Capital. "iStar Workstation addresses the entire institutional equities workflow, facilitating timely client communication, targeted research distribution and relevant sales and trading calls."

"Many CRM implementations are hindered by generic solutions requiring specific business vertical customization, increasing costs and decreasing the likelihood of user adoption," added Andrew Jappy, Chief Information Officer at Canaccord Capital. "NSIGHT's direct experience in the institutional equities business is a distinct advantage, resulting in a best-of-breed solution."

Canaccord Capital's recently announced intention to acquire Boston-based Adams Harkness Financial Group Ltd. will create Canaccord Adams, a new brand for Canaccord's global capital markets operations worldwide. NSIGHT's iStar Workstation will be deployed to 300 professionals in this group, and used to communicate the benefits of this integrated global platform to clients.

"Canaccord Capital is a growing global firm, with a focus on innovative ideas and exceptional client service," said Neil Hyman, Chief Executive Officer of NSIGHT Enterprise Software. "We believe iStar Workstation will be a significant addition to their operational capacity, and we are proud to be a participant in their continuing success."

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