ADP Brokerage Canada, a division of Automatic Data Processing’s Brokerage Services Group, announced today that the Qtrade Financial Group has signed a multi-year contract to use the ADP Dataphile platform for its retail brokerage services.

Qtrade continues to experience significant growth in the Canadian wealth management market. To ensure continued success, Qtrade required a platform that can respond quickly to an ever-changing market and scale efficiently across multiple business divisions like its online brokerage division, Qtrade Investor, and Qtrade Advisor, its full-service brokerage division.

ADP Dataphile offers a real-time integrated full-service platform that will enable Qtrade to grow both its full-service advisor and online brokerage divisions. Qtrade will now have the ability to service its customers via a full-service, real-time integrated platform that is a comprehensive front, middle, and back office solution.

“At Qtrade, we will continue to distinguish ourselves in the Canadian market by providing our financial institution partners, advisors and customers with a comprehensive product and service offering for all of their investment needs. The ADP Dataphile brokerage solution will give us the ability to easily integrate our front, middle, and back office operations, enhancing our ability to respond to our customer needs with continued industry leading service” said Andy Quinn, vp, operations, Qtrade.