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Infinite Investment Systems Completes Acquisition of Paramax Solutions
Infinite Investment Systems, a leading Canadian provider of wealth management and investment operations technology, has completed the acquisition of Paramax Solutions Inc.
Founded in 2002, Paramax is a Canadian financial technology company specializing in clearing, settlement, and straight-through processing solutions for participants in the Canadian debt and equity markets. Through its specialized technology and deep capital markets expertise, Paramax helps financial institutions streamline post-trade operations through trade matching and confirmation, depository connectivity, real-time trade reporting, and operational consulting services.
Infinite Investment Systems is a Canadian technology company dedicated to helping wealth management firms unlock the power of their data. Paramax’s solutions and domain knowledge complement Infinite’s strengths in wealth operations, investment accounting, data management, and enterprise technology.
Wildeboer Dellelce LLP acted for Paramax with a team comprised of Michael Rennie, James Brown, Kyra Flomen and Jordan Stewart-Kuppek (corporate/mergers and acquisitions), with support from Mariam Al-Shikarchy (tax) and Rachel Manno and Daniel Lupinacci (banking & financial services).
More details can be found here.
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