[Montreal, CANADA] General Trust of Canada has selected Watch4me to
develop, implement, and host its transactional Web site for
specialized mutual funds. The agreement has an initial term of four
The new site will offer a range of electronic services to corporate
clients and members of organizations whose financial portfolios are
managed by General Trust.
The services will be rolled out in February 2001 to members of the
Ordre des ingenieurs du Quebec who participate in the FERIQUE fund.
Established 25 years ago, the FERIQUE funds have over 20,000
participants and assets totalling nearly $750 million.
The Watch4me technology will allow investors to set up personal rules
to notify them of fluctuations in their FERIQUE investment vehicles
and stock quotes on the main North American exchanges via e-mail,
voice mail, or to wireless devices.
“The particular approach and technology of Watch4me will allow us to
extend our reach and increase the efficiency of the services offered
to our professional customer base,” said Pierre Desjardins, chairman
of the board of Gestion FERIQUE and General Trust of Canada
“We plan to offer the service to other organizations and professional
associations. We are in a position to offer secure access to
customers financial information wherever they are. More importantly,
we are putting at their disposal a proactive vehicle for permanent
and timely communication that is tailored to their preferences.”
General Trust of Canada, a wholly-owned subsidiary of National Bank
of Canada, has 40 billion dollars worth in managed assets and can
access business centers located in all major Canadian cities.
Watch4me is a wholly-owned subsidiary of COGNICASE (TSE: “COG”,
Nasdaq: “COGI”). COGNICASE develops and integrates e-commerce
solutions using the Internet and wireless technologies. The company
is active in several countries, including Canada, the United States,
France, Spain, Belgium, the Netherlands and Australia.
More on the company is available at: