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Checklist
THE PRIORITIES AND OTHER PROJECTS RELATED TO THIS STRATEGY AS OF SEPTEMBER 2017.
WE’LL CONTINUE ASSESSING NEW OPPORTUNITIES AS THEY ARISE. LOOK FOR UPDATES ON THE
BULL & BEAR MARKET.
PRIORITY: PANDORA efficient and reduce operational risk. It
Our new office building on 750 Pandora increases our capability to process trades;
Avenue in downtown Victoria will streamlines, automates, and reduces
consolidate our expanding team into a complexities; provides deeper insight
single location, and facilitate our new into our portfolios; and provides
investment approach. The new office improved reports.
is also an investment for our clients. We
are co-investors with Jawl Properties PRIORITY: AUTOMATED TRADE
Ltd., a leading developer and property MATCHING
management firm. The rent we pay as With our new model, our trade matching
a tenant will flow directly to the returns volumes increase. A manual process
for our real estate portfolio. of matching trades for settlement no
longer works. Automating this allows
PRIORITY: INVESTMENT MANAGEMENT us to align with industry best practices;
PLATFORM (IMP) facilitate lower-risk trade confirmations;
The current Investment Portfolio System introduce straight-through processing (STP)
(IPS) is the backbone of our investment for public security trades; and improve
management activities, but it’s 30-years- efficiencies. Phase one, focused on
old and has an expiry date of December Public Equities, went live in March 2017.
2020. The new investment management Phase two looked at Fixed Income
platform (IMP) is much more than an & Foreign Exchange and went live in
IT system — it allows for changes in September 2017.
business processes that will make us more
32 THE STRATEGIES THAT DRIVE OUR TRANSFORMATION
