Galantis, Inc. is Engaged by Bank of Montreal

October 4, 2005 – Bank of Montreal (BMO) has contracted with Galantis for the development of a straight-through customer processing solution for its InvestorLine online brokerage subsidiary.

To sustain its competitive edge, InvestorLine sought a complete online underwriting process, including online application submittal and an automated approval process that would require no human interaction. The design objective is to allow their customers to access their online trading tools within minutes of submitting an application.

"Galantis is very pleased to have been selected by BMO to undertake this exciting project", said Roumen Antonov, CEO at Galantis referring to the fact that Galantis and BMO has formalized this relationship. “This exciting project represents recognition by BMO of Galantis’ extensive experience in the design and implementation of content management and workflow solutions. We look forward to working with the InvestorLine and BMO organizations in this and future leading-edge projects”.