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Calgary is an attractive market for firms in the financial services sector due to the concentration of capital-intensive companies, high-deal velocity, large deal size, foreign investments and individual wealth. The strength of the sector has been a catalyst for the growth of fintech firms in the city with expertise in blockchain, cryptocurrency, insurtech, paytech, capital markets and investments, personal finance, and tech and software.

 

 

 

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Mike Attersall

Business Development Manager, Enterprise Accounts

A Centre of Finance

Calgary is an attractive market for firms in the financial services sector. From retail and corporate banking, to investment banking and fintech, Calgary is home to companies across the spectrum.

Calgary’s $1B tech company

When a home-grown fintech firm is acquired by a global financial services giant for more than $1 billion, it speaks to the game-changing companies emerging in the financial service sector in Calgary.

Morgan Stanley said one reason it made its largest acquisition since the 2008 financial crisis in acquiring Solium Capital is the company’s connection to younger workers through the startup economy.

Solium, now Shareworks by Morgan Stanley, which has grown steadily since it launched in 2002, provides technology and services to support stock-based incentive plans. Its 3,000 corporate clients employ one million workers.

News of the deal made headlines around the world.

Calgarys 1B tech company

Not Your Average Bank

Alberta-grown ATB Financial is on a mission to create positive change for Albertans. Through a combination of Applied Labs and Research & Development, they push the boundaries and bring research to production quickly for customers and team members. This includes the application of artificial intelligence, powered by machine learning, to advance their own story and society at large.

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Not Your Average Bank

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Mike Attersall

Mike Attersall

Business Development Manager, Enterprise Accounts

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