The partnership between BMO and Riskfuel Analytics builds on a previous pilot project where the pair also developed a solution to speed up autocallable notes.
Tag: BMO Financial Group
Under the deal, Amazon Web Services will drive the cloud transformation of BMO’s banking platforms and develop cloud-based digital financial services applications.
Clearpool will remain separate brand and broker-dealer under the BMO Financial Group.
The acquisition is expected to deliver benefits to BMO’s electronic trading platform, and will close in the second quarter this year.