Securities regulators will be switching over their various national databases to their new service provider on Jan. 13.
The Canadian Securities Administrators (CSA) today announced that it is now ready for CGI Information Systems and Management Consultants Inc. to take over responsibility for the hosting, operation and maintenance of its various systems, including the System for Electronic Document Analysis and Retrieval (SEDAR), the System for Electronic Disclosure by Insiders (SEDI) and the National Registration Database (NRD).
Originally, the changeover to CGI was scheduled to take place last year, but the CSA delayed the switch to ensure that it would be a smooth transition. (See Investment Executive, CSA electronic filing switchover delayed again, November 14, 2013.)
Today, the CSA said that the date for the cutover is now scheduled for January 13. As a result, the systems will not be available from 20:00 ET January 10 to 07:00 ET January 13.
New SEDAR desktop software will also be available on January 13, and the CSA says that it must be installed within two weeks to maintain access to the SEDAR system. Users of the SEDI and NRD systems do not need to do anything in preparation for, or as a result of, the transition.