COGNICASE Enhances Software Offering to Financial Institutions with Acquisition of Zero Base.Business Editors MONTREAL, Canada--(BUSINESS WIRE)--March 4, 2002 COGNICASE Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :COGI COGI Coalition on Government Information (also known as the Minnesota Coalition on Government Information, or MNCOGI; promotes open access to public records) )(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : COG), an innovative IT solutions provider specializing in the development and integration of transactional solutions, today announced the acquisition of Zero Base Inc., a software developer of treasury systems for foreign exchange applications used by banks, brokers and corporate clients. Zero Base has designed and marketed a software suite for electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. . This integrated solution handles front and back office requirements for the foreign exchange and fixed income markets. Financial institutions can manage the risks, operations, payments and accounting associated with such transactions. The software is currently used by more than a dozen major financial institutions all over the world. "The acquisition of Zero Base enhances our software offering for financial institutions," declared Ronald Brisebois, COGNICASE Chairman of the Board, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We will also have the opportunity to offer our existing solutions and software to Zero Base's clients in Canada and the U.S." "We are very pleased to be joining COGNICASE, whose expertise in the area of financial processing products and services is well-known," stated Steve Coronel, President of Zero Base. "By combining our software, financial institutions will have the means to better serve their clients and to provide them with accurate financial information in real time." About COGNICASE COGNICASE (TSE: "COG", Nasdaq: "COGI") is an IT products and services provider specializing in advanced transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and Internet-based applications. Relying on its results-driven approach, its software and technology and its Application Services See ASP and Web services. Technology Centre, COGNICASE offers secure and scalable solutions that contribute to its customers' economic success in the age of the new economy. The Company is active in Canada, the United States, and Europe. About Zero Base Inc. Zero Base Inc. is a company specialized in treasury systems for foreign exchange applications used by banks, brokers and corporate clients. Zero Base has offices in Montreal and Bangkok. |
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