Laurentian Bank Chooses Cogeco Data Services to Manage its Corporate Telecommunications Across Canada
For immediate release
Laurentian Bank Chooses Cogeco Data Services to Manage its Corporate
Telecommunications Across Canada
Laurentian Bank selects Cogeco Data Services’ all-optical solution to increase its offices’ capacity across
Canada and improve customer experience
TORONTO, July 15, 2014 – Cogeco Data Services announced today a five-year partnership with
Laurentian Bank, a financial institution with activities across Canada, to manage the company’s
corporate telecommunications program.
“We needed to upgrade our entire telecommunications network and the technology infrastructure that
supports our 225 offices and 425 ATMs. The solution proposed by Cogeco Data Services was customized
to support our projected business growth and evolving customer needs, by incorporating a high-speed
bandwidth component that allows for smooth management of our extensive and frequent
transactions,” said Michel Racine, Vice-President, Real Estate Management, Laurentian Bank. “We have
particularly appreciated Cogeco Data Services’ tailored and personal approach and are confident that
this partnership will enhance our performance,” concluded Mr. Racine.
“As a company that processes millions of transactions for clients across the country every year, industry-
leading technology infrastructure is essential to Laurentian Bank’s operations. We are delighted to come
on board as their technology partner to support them in delivering competitive banking solutions and
seamless customer experiences,” said Tony Ciciretto, President and CEO, Cogeco Data Services and Peer
1 Hosting. “Our solution will increase the company’s data capacity through a secure and privately hosted
network, customized to the company’s unique needs.”
Cogeco Data Services’ wholly-owned all-optical transport platform supports services and speeds of up to
10 Gigabits and beyond, and includes around the clock proactive monitoring and support features that
provide an effective, secure and reliable service that integrates voice, data and multimedia applications
in an unified architecture.
About Laurentian Bank
Laurentian Bank of Canada is a banking institution whose activities extend across Canada. Recognized
for its excellent service, proximity and simplicity, the Bank serves one and a half million clients
throughout the country. Founded in 1846, the Bank is among the 2014 edition of the Montréal's Top
Employers competition, which showcases the city's top 25 companies offering enviable places to work. It
currently employs some 3,800 people whose talent and dedication has made it a major player in
numerous market segments.
Laurentian Bank distinguishes itself through the excellence of its execution and its agility. Catering to the
needs of retail clients via its extensive branch network and constantly evolving virtual offerings, the
Bank has also earned a solid reputation among SMEs, larger businesses and real estate developers
thanks to its growing presence across Canada and its specialized teams in Ontario, Québec, Alberta and
British Columbia. For its part, the organization's B2B Bank subsidiary is a Canadian leader in providing
banking and investment products and services to financial advisors and brokers, while Laurentian Bank
Securities is an integrated broker that is also widely known for its expert and effective services
nationwide. The institution has more than $33 billion in balance sheet assets and more than $39 billion
in assets under administration.
About Cogeco Data Services
With its suite of ICT solutions (Data Centre, Managed IT, Private and Public Cloud IaaS, Connectivity,
Voice and Professional Services), Cogeco Data Services supplies its customers with the fast, reliable and
secure ability to access, manage, move and store large amounts of data worldwide. The Company’s
‘always on’, tier 3 quality data centres and reliable, redundant network provide some of Canada’s largest
companies and public sector organizations with near limitless bandwidth and secure facilities for
hosting, storing and managing mission critical data.
For more information about Cogeco Data Services, a wholly-owned subsidiary of Cogeco Cable Inc.
(TSX:CCA), visit cogecodata.com, or connect with us on LinkedIn, Twitter, and YouTube.
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Contacts:
Shawna Abbott
Marketing Communications Manager
Cogeco Data Services
416.840.7096
shawna.abbott@cogecodata.com
Heather MacDonald
Kaiser Lachance Communications
647.725.2520 x 207
heather.macdonald@kaiserlachance.com
Gladys Caron
Vice President Communication
Laurentian Bank
514.284.4500 x 7511
gladys.caron@banquelaurentienne.ca