Cidel – The implementation of the OLYMPIC Banking System for the Cidel group

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Client Background

Cidel Group is a Toronto, Canada-based international financial services group with several subsidiaries, which design and implement customized solutions to help domestic and international clients preserve, build and transfer wealth. It is registered and regulated as both an asset manager and a bank in its home market and in the US, and has a significant trust business. Cidel’s business is divided almost equally between domestic and international clients, and between institutional investors and High Net Worth accounts. Its strategic network of operations with investment, trust and structuring capabilities is constantly innovating. Cidel is privately owned, with some 175 employees and $14 billion of
assets under supervision.