Toronto, M5H 3T4, ON,
Canada
MCAP Technographics
MCAP Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by MCAP and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 835 MCAP employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that MCAP has purchased the following applications: UKG Pro HCM (ex UltiPro HCM) for Core HR in 2019, Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) for Analytics and BI in 2013, Cisco Webex Meetings for Audio Video and Web Conferencing in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems MCAP is running and its propensity to invest more and deepen its relationship with UKG , HMS Software , Microsoft 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 MCAP revenues, which have grown to $263.0 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 MCAP 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.
MCAP Tech Stack and Enterprise Applications
MCAP HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| UKG | Legacy | UKG Pro HCM (ex UltiPro HCM) | Core HR | HCM | n/a | 2019 | 2019 |
In 2019 MCAP deployed UKG Pro HCM (ex UltiPro HCM) as its Core HR platform. The implementation is exposed to users via the customer portal at https://mcap.ultipro.ca/, establishing the vendor hosted HR interface for the company in the Canadian banking and financial services context.
UKG Pro HCM (ex UltiPro HCM) was configured to deliver standard Core HR capabilities, including centralized employee records, payroll administration, benefits administration, employee and manager self service, and core talent management workflows. Configuration focused on HRIS consolidation and role based access controls to support HR administrators and line managers.
Operational coverage is company wide for MCAP and targets HR and payroll business functions, with the application acting as the authoritative HR system of record accessible through the vendor portal. The deployment follows a cloud delivered application model, providing a browser accessible employee experience for the firm based in Canada.
Governance centered on centralized HR administration, defined manager approval workflows, and segmented permissions for payroll and benefits processing teams. The implementation emphasizes operational control of personnel data and workflow orchestration within the UKG Pro HCM platform without referencing prior system details.
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Payroll | HCM |
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2011 | 2011 |
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MCAP Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) | Analytics and BI | Analytics and BI | n/a | 2013 | 2018 |
In 2013, MCAP implemented Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) to establish an enterprise Analytics and BI platform supporting mortgage and loan financial reporting. The implementation centered on a Microsoft SQL Server based data warehouse and reporting stack with explicit coverage of mortgage, loan, payment, trial balance, general ledger, investor remittance, disbursements, funding, principal and interest, deferred fees, and borrower statement data flows.
The Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) stack was configured to deliver multi-layer capabilities, including SSIS ETL packages that extract and transform loan management system data into a MS SQL data warehouse, SSAS semantic models for analytical cubes, and SSRS report development for operational and financial reports. Development work included T SQL query scripting, stored procedures, functions, views, and application level extensions built in the .Net Framework using C# and VB.net, supplemented by Windows batch and PowerShell for auxiliary tasks.
Integrations were explicit and operational, driven by ETL pipelines into the data warehouse from the Precision Loan Management System provided by SS&C. Reporting and visualization extended beyond SSRS to include SAP BO and Crystal Reports artifacts, QlikView dashboards, and a SharePoint BI portal that provided consolidated access. Automation and scheduled orchestration were implemented using Cisco Workload Automation Tidal scripts to coordinate SQL Server jobs, Windows jobs, IBM iSeries tasks, and the nightly refresh of SharePoint BI reports.
Operational scope emphasized finance and loan servicing functions across MCAP, with business requirement analysis focused on mortgage, loan and bank financial markets activities. Governance and delivery adhered to Agile methodology, with the BI environment developed and managed as a combined database, ETL, reporting, and portal solution. The program included installation and management activities for the loan management system and continuous operational automation to support nightly processing.
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MCAP Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2021 | 2021 |
In 2021 MCAP implemented Cisco Webex Meetings as its Audio Video and Web Conferencing solution. Cisco Webex Meetings was embedded on the MCAP website to enable client-facing virtual meeting rooms and web conference access for external partners and borrowers, delivering web-delivered meeting joins and session scheduling via the public site.
Configuration emphasized core Audio Video and Web Conferencing capabilities including multi-party video, screen sharing, in-meeting recording, and host controls, with security and access controls aligned to financial services operational requirements. The deployment was provisioned as a cloud-hosted Cisco Webex Meetings environment with centralized account provisioning and IT-managed usage policies to govern session access and meeting creation, supporting corporate communications and client engagement workflows across MCAP's Canadian operations.
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Collaboration | Collaboration |
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2021 | 2021 |
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MCAP Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Procurement | Procurement |
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2015 | 2015 |
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MCAP IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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MCAP CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Secure Web Gateways (SWG) | CyberSecurity |
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2021 | 2021 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at MCAP
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| Manager, HR Technologies & Analytics | Manager | HR | ||||
| Senior Director - IT Applications | Director | IT | ||||
| Senior Manager, IT Applications | Manager | IT |
Apps Being Evaluated by MCAP Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2025-01-28 | MCAP | Evaluated | ADP | ADP Payroll | Payroll | HCM |