Kingston, K7L 1R8, ON,
Canada
BMO Nesbitt Burns Technographics
BMO Nesbitt Burns Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by BMO Nesbitt Burns and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1300 BMO Nesbitt Burns employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that BMO Nesbitt Burns has purchased the following applications: CGI Wealth360 Fund Accounting (formerly mPower) for Portfolio and Investment Management in 2010, Amazon EC2 for Application Hosting and Computing Services in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems BMO Nesbitt Burns is running and its propensity to invest more and deepen its relationship with CGI Group , Amazon Web Services (AWS) or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing BMO Nesbitt Burns revenues, which have grown to $350.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for BMO Nesbitt Burns intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
BMO Nesbitt Burns Tech Stack and Enterprise Applications
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| CGI Group | Legacy | CGI Wealth360 Fund Accounting (formerly mPower) | Portfolio and Investment Management | Investment Management | n/a | 2010 | 2010 |
In 2010 BMO Nesbitt Burns in Toronto began operational use of CGI Wealth360 Fund Accounting, formerly mPower, to support Portfolio and Investment Management across its Reorganization department and managed accounts operations. The deployment focused on back office fund accounting and corporate actions processing, centering on daily reorganization notices and investor advisor communications.
Configured capabilities included fund accounting ledgers for managed accounts, corporate actions and reorganization notice workflow, position and cash reconciliation, and reporting for investor advisor distribution. Automation work in operations used macros to generate Voluntary Reorg Notices and Class Action Notices and to trigger individualized emails to Investor Advisors, while IA code updates were applied as part of the accounting feed preparation.
Operational workflows combined system activity in CGI Wealth360 Fund Accounting with manual verification against the Prime Brokerage website and Ops Central website for previous day notices. Daily inputs were populated via shared M Drive and W Drive files and an internal database, these sources were used to input the daily Reorg Notices and to feed managed account processing in CGI Wealth360 Fund Accounting.
Governance and process controls included a daily control cycle for confirming notice publication, a macro driven distribution process to Investor Advisors, and IA code maintenance to ensure accurate mapping into fund accounting records. The implementation was in active use from 2010 to 2014 in Toronto operations supporting operations and investor advisory communications within the Portfolio and Investment Management function.
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Amazon Web Services (AWS) | Legacy | Amazon EC2 | Application Hosting and Computing Services | IaaS | n/a | 2022 | 2022 |
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IT Decision Makers and Key Stakeholders at BMO Nesbitt Burns
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by BMO Nesbitt Burns Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||