Winnipeg-based Exempt Logic Corp. Thursday launched beta access to its software product for the exempt market industry.
Exempt Logic says the new software is the first application developed for the industry.
“Exempt Logic is the result of years of experience in the industry, wishing there was a better and more efficient way to run a boutique investment firm. This product is our solution and it’s going to change the way the exempt market does business — for both dealers and issuers,” explains Sheldon Stier, founder & CEO of Exempt Logic.
Exempt Logic is a cloud-based software application that streamlines compliance, sales, and administrative functions. Designed as a hub for both dealers and issuers, the software lets these companies satisfy every regulatory requirement — in every jurisdiction — with the click of a button.
The software provides real time information on a secure and private platform that can be accessed 24/7 from anywhere in the world and is iPhone / iPad compatible. Users can easily create reports like client statements, transaction confirmations, and other regulatory reporting documents required by both issuers and dealers.
“What we love most about Exempt Logic is that it doesn’t add work for anyone,” Stier says. “Everyone will follow the same steps they’ve always followed — but that information will now be centralized, and timely information will be shared between dealers and issuers so you aren’t repeating a step that’s already been done.”
“Our ultimate goal is transparency,” Stier adds. “We can all do our jobs better if we can see important data, share relevant information, and keep up to date on every offering. Now, dealers know more about what they’re selling — and can be 100% confident that it’s still available. Issuers can see exactly how their offerings are selling.”
For a limited time, beta access to Exempt Logic is free for dealers. Visit exemptlogic.ca to learn more.
The product was is scheduled for full release on January 1.