Friday, January 27, 2023
Rania Llewellyn, President and Chief Executive Officer, Laurentian Bank of Canada, and her team, joined Claire Johnson, President, Trust, and Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX) to open the market and celebrate Laurentian Bank’s recent partnership with TSX Trust, as well as the Bank’s successful execution of the first year of its new three-year strategic plan, announced in December 2021, to create sustainable, long-term profitable growth. Laurentian Bank is the latest addition to TSX Trust’s portfolio of structured finance clients. As Document Custodian, TSX Trust helps automate traditionally-manual workflows and deliver efficiency to Laurentian’s $11 billion NHA-MBS program, leveraging our best-in-class technology, expertise and approach. Laurentian Bank was successfully onboarded in early December after a smooth transition and able to successfully issue 11 new MBS pools in the first month. “Laurentian Bank is pleased to mark the successful execution of the first year of our three-year strategic plan, said Sarim Farooqi, Senior Vice President and Treasurer at Laurentian Bank. “A key pillar of our plan is to use size to our advantage and leverage strategic partnerships, and our deepening relationship with TSX Trust is a perfect example. The migration to TSX Trust was easy and smooth and we are grateful for the excellent onboarding experience. In addition to a best-in-industry technology platform, TSX Trust brought to the table thought leadership, personalized service and a strong commitment to helping us succeed by truly understanding our needs and becoming an extension of our internal team.”