Croesus Agile Project Success at National Bank Financial Group

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Croesus Agile Project Success at National Bank Financial Group

MONTREAL, Canada, January 25, 2013 – In August 2012 Croesus undertook the migration project of a newly acquired brokerage division by National Bank Financial Group. Within 3 months, Croesus completed the migration of all the new investment advisors to the Croesus V8 platform and developed new custom trading functionalities.

This major project was executed under the Agile Software Development method, recognized for its continuous development process, rapid delivery and quick responsiveness to change. The great success of the project was praised by National Bank Financial group.

“The Agile Software Development method allowed us to promote and leverage development, teamwork, collaboration and process adaptability with our customer in a way that is not possible with traditional software development methods”, says Sylvain Simpson, Vice President of Technology and R&D at Croesus.

“We are very pleased by the exceptional work produced by the Croesus Agile team. The team developed a number of new functionalities for our organization in a short period of time while simultaneously migrating the investment advisors joining our team to the Croesus V8 platform”, adds Peter Conway, Vice President IT Delivery Management, Wealth Management and Brokerage Operations at National Bank Financial Group.

Due to this outstanding success, the Croesus Agile team has been contracted for an additional three year development program.

About Croesus
Since 1987, Croesus has provided brokerage firms and independent advisors an advanced portfolio management and integrated CRM software. Croesus enables investment advisors to improve the management of portfolios and relationships, optimize the assessment of performance returns, while reducing exposure to risk by meeting GIPS compliance requirements. As a comprehensive solution, the Croesus SaaS platform integrates with major back-end systems such as IBM, custodians like TD Ameritrade and financial information providers that include Morningstar, Thomson One and Fundata. The software of choice for leading brokerage firms like CIBC Wood Gundy and National Bank Financial, Croesus clients manage over $350 B in total Assets Under Management.

About National Bank of Canada
With $178 billion in assets as at October 31, 2012, National Bank of Canada ( together with its subsidiaries, forms one of Canada’s leading integrated financial groups, and was named among the five strongest banks in the world by Bloomberg Markets. The Bank has close to 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities via social media and learn more about its extensive community involvement at and

Frédéric Le Bouar
Director of Product Marketing and Business Promotion

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