TD Securities Enhances Global Presence by Joining Capital Markets Gateway as Investor and Client
In a notable advancement in the equity capital markets (ECM), Capital Markets Gateway (CMG) recently announced that TD Securities has become a participant in its global underwriter network, acting both as an investor and a client. This collaboration marks a significant step in CMG's mission to modernize ECM workflows, enhancing the overall efficiency and effectiveness of capital markets operations.
Joining a prestigious lineup of existing investors that includes Bank of America, Barclays, Citigroup, and others, TD Securities brings considerable experience and expertise to the table. As one of North America's leading capital markets institutions, TD Securities has a strong presence and is well-versed in ECM activities. This partnership is expected to provide TD Securities with advanced data intelligence and collaborative workflows, thereby facilitating smoother interactions with partners and clients across North America.
The strategic investment by TD Securities is seen as pivotal in supporting CMG's ongoing global expansion efforts. It signifies growing interest and demand from top-tier North American institutions for cutting-edge ECM technology. Notably, Greg Ingram, the CEO of CMG, remarked on the momentum of CMG's global endeavors, highlighting that TD Securities’ involvement represents another meaningful achievement towards their goal of modernizing the primary markets.
CMG has been instrumental in bridging the gap between sell-side firms and asset managers, aiming to provide a platform that fosters workflow efficiencies throughout the ECM process. Launched in 2017, CMG has since garnered the trust of 25 investment banks and 135 asset managers, ultimately managing more than $40 trillion in assets under management (AUM). By offering comprehensive data intelligence solutions that deliver real-time information on offerings and past performance, CMG assists clients in making more informed decisions while ensuring compliance.
The addition of TD Securities follows a similar move by RBC into the CMG network, reinforcing CMG's commitment to fostering technological advancements and connected workflows in global markets. As the ECM landscape evolves, the collaboration between CMG and prominent financial institutions like TD Securities promises to create a more efficient and effective environment for capital fundraising.
For anyone interested in exploring CMG’s innovative features, including their sell-side book building capabilities, prospective clients and partners are encouraged to reach out for more information.
In summary, this partnership between TD Securities and Capital Markets Gateway not only strengthens both entities within the capital markets ecosystem but also reflects a broader trend of technological transformation within the finance industry. As markets continue to adapt to the digital age, collaborations like this will play a crucial role in shaping the future of ECM practices.