CALGARY,
AB, Sept. 28, 2022 /CNW/ - Katipult Technology
Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading
Fintech provider of software for powering the exchange of capital
in equity and debt markets, announced today that Red Cloud
Securities has selected Katipult DealFlow to drive scalability,
business process efficiencies, and enhanced customer experiences
across its capital markets operations.
Red Cloud Securities (RCS) is a mining-focused Investment
Banking and Advisory firm with extensive experience in mergers
& acquisitions and financial advisory, equity capital markets,
debt advisory and restructuring. RCS has comprehensive global
coverage of all mining focused institutional, private equity,
strategic, retail broker & high net worth investor
channels.
"We are an entrepreneurial, innovative, and independent firm and
these characteristics have been critical to our successes to date
in becoming one of the top investment dealers in the mining sector.
We continue to grow our business aggressively and we view Katipult
DealFlow as a fundamental platform to streamline our processes and
improve overall customer experiences with Red Cloud," says Bruce
Tatters, CEO of Red Cloud Securities.
Katipult DealFlow is an industry-leading solution that functions
as the operating system for investment capital. DealFlow enables
modern and efficient workflows for retail and institutional
investor participation and eliminates human error and deficiencies,
creating a superior experience for compliance, equity capital
management teams, investment advisors, and investors.
"I am excited to welcome Red Cloud Securities to our growing
roster of investment dealers who rely on Katipult DealFlow to
deliver across their critical investment workflows. Red Cloud has demonstrated impressive business
expansion in recent years and we expect Katipult DealFlow will act
as a growth multiplier for their organization. says Gord Breese,
Katipult CEO.
Katipult DealFlow is used across the industry at firm's
including: Canaccord Genuity, Raymond
James, Echelon Wealth Partners, Cormark Securities, TSX
Trust, and Sprott Capital Partners.
About Katipult
Katipult (www.katipult.com) is a provider of industry leading
and award-winning software infrastructure for powering the exchange
of capital in equity and debt markets. Our cloud-based solution and
solutions digitize investment workflow by eliminating transaction
redundancy, strengthening compliance, delighting investors, and
accelerating deal flow. Katipult provides unparalleled adaptability
for regulatory compliance, asset structure, business model, and
localization requirements.
Regarding Forward Looking Statements: Certain disclosure in
this release, including statements regarding the streamlining and
automation of internal processes at Red Cloud Securities and the
growth of Katipult's portfolio of investment dealer customers
constitute forward-looking statements. In making the
forward-looking statements in this release, the Corporation has
applied certain factors and assumptions that are based on the
Corporation's current beliefs as well as assumptions made by and
information currently available to the Corporation, including, but
not limited to, the Corporation's product will continue to operate
as expected, and the industry will continue to see value in the
Corporation's product. Although the Corporation considers these
assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Such risk factors may include,
among others, failure to manage growth and product implementation
successfully, lengthier than anticipated sales and implementation
cycle, cyber risks, risks related to cloud based solutions, failure
to continue to adapt to technological change and new product
development, dependence on key personnel, competition, intellectual
property risks, economic conditions, privacy concerns and
legislation, regulatory environment, risk associated with a change
in the Corporation's pricing model, risk of defects in the
Corporation's solution, dependence on market growth, operational
service risk, dependence on partners and delay or failure to
realize anticipated benefits of key account installations. Readers
are cautioned, especially in these uncertain times, not to place
undue reliance on forward-looking statements. The Corporation does
not intend to, and expressly disclaims any intention or obligation
to, update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except as
required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Katipult Technology Corp.