ACTIV selects CFSI as its exclusive Canadian agent

New York - 2 April 2014

ACTIV Financial, a global provider of real-time, multi-asset financial market data and technology solutions, today announced it has appointed Collaborative Financial Services Inc. (CFSI) as its exclusive agent in Canada to support the firm‟s continued growth in the region. The agreement encompasses all market data feed products and associated enterprise distribution technology.

“We are pleased to secure CFSI as our strategic Canadian partner,” said Frank Piasecki, President of ACTIV Financial. “As we continue to expand our market data solutions addressing the requirements of the underserved enterprise space, we wanted to ensure we selected a team that could support our institutional clients at the highest level. CFSI‟s extensive understanding of the Canadian Capital Markets along with their years of expertise in managing financial technology for institutions across the globe, made them the obvious choice."

“We are extremely excited to represent ACTIV in Canada,” remarked Jim Davies, Co - Founder and Managing Partner at CFSI. "ACTIV‟s long standing reputation as a leading high quality data provider fits perfectly with our strategy to offer „Best of Breed‟ solutions. In addition, as the cornerstone of our service offerings, ACTIV products provide us with a state of the art market data platform that we can leverage with other complimentary services we will be offering."

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