Croesus Lab launches a valuable partnership with the CRIM and ÉTS

Croesus Lab launches a valuable partnership with the CRIM and ÉTS

Published September 12, 2018

Montréal, Québec, September 11, 2018 —Through its Lab initiative, Croesus is proud to announce the launch of a project in partnership with the CRIM and the École de technologie supérieure (ÉTS). This project aims to facilitate the processing and analysis of portfolio data in order to automate the production of a historical summary.

Croesus will support a student from the ÉTS in the completion of this project and will provide all the infrastructure and data required. This agreement will explore high potential concepts that could provide interesting benefits for Croesus and its customers. The technology developed during this partnership could also be integrated within the Croesus software.

The CRIM will contribute from an application and industrialization stand point. Its involvement aims to make the work as easy to integrate as possible, while providing practical experience in data valuation. The CRIM has built a great deal of expertise in time series and statistical modeling. This expertise will be very relevant to this research project.

“We are very pleased with this partnership, as it is an excellent example of the open innovation concept to which Croesus is one hundred percent committed. We strongly believe that this project creates the optimal conditions to achieve our technological advancement goals,” stated Patrick Chassé, Director R&D at Croesus.

About Croesus
Since 1987, Croesus has been providing sophisticated wealth management solutions to financial institutions throughout North America. Currently, 14,000 investment professionals use Croesus solutions to manage over $1 trillion in client assets. With its 180 dedicated employees, Croesus has built a reputation on the ability to efficiently transform data into information, develop portfolio management solutions to drive efficiency and deliver business intelligence for fact-based decision-making. Croesus works with its clients as partners, and the company’s goal is to ensure their long-term success. To add value, Croesus actively listens, learns, and engages with them to develop technology solutions that are innovative, flexible, and secure. Over the years, the company has built a culture based on core values related to work/life balance, personal development, and giving back to the community. Croesus is a PME en lumière 2016 winner, a Gold Standard winner under Canada’s Best Managed Companies program, and is recognized as a Remarkable Employer —Ethnocultural Diversity, one of Canada’s Top Small & Medium Employers, Canada’s Top Employers for Young People, and the top 300 most important companies in Quebec. Croesus’s offices are located in Montréal, Toronto, and San Diego.

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