16 Sep 2019

Catallaxy, Raymond Chabot Grant Thornton’s subsidiary takes its blockchain and cryptocurrency expertise worldwide with the signing of a partnership agreement with Grant Thornton Switzerland/Liechtenstein.

Under the agreement, Catallaxy will handle all of their projects involving cryptocurrency auditing over the next two years. Additionally, the Swiss/Liechtenstein firm wants to use Abacus, the cryptocurrency audit software solution developed by Catallaxy. This unique association provides Grant Thornton international visibility and widespread potential.

Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton said: “When we created Catallaxy in 2017, we wanted to make Montréal a global blockchain technology expertise centre in the Grant Thornton organization. The agreement signed with GT Switzerland/Liechtenstein marks the achievement of this objective.”

GT Switzerland/Liechtenstein’s clientele includes numerous cryptocurrency entities, representing some 30 projects for Catallaxy in the coming years. This first agreement should pave the way for more partnerships with other member firms of Grant Thornton around the world.

Michel Besner, Managing Director of Catallaxy stated: “Switzerland/Liechtenstein’s regulatory framework has prompted many cryptocurrency foundations to set up in that country, creating a strategic centre in the world of cryptocurrencies. We are pleased to provide our expertise, support and technological tools to help GT Switzerland/Liechtenstein become a leader in their country.”

Marco Valenti, from GT Switzerland/Liechtenstein added: “As the cryptocurrency sector is expanding in Switzerland/Liechtenstein, it’s a plus to be able to count on the benefits of the Grant Thornton organization and call on our best specialists, such as Catallaxy. Thanks to our collaboration, we will be in a position to better serve our clients’ interests and position ourselves as market leaders. The agreement was prompted by our desire to become more competitive in this growing area.”

Cryptocurrency audits
The surge in cryptocurrencies has led an increasing number of organizations to own these types of currencies. Because of recent government positions on cryptocurrency legislation, it is imperative for auditors to obtain an understanding of this new asset class in order to implement sufficient and appropriate audit procedures. This translates into a range of issues in practice. The lack of regulations, immature technologies, security considerations and the quantity of data are major challenges for auditors and businesses alike.

The combination of an exclusive technology and a real-time audit software solution developed by Catallaxy gives Grant Thornton a competitive edge with a unique service offering specifically designed for digital asset audits that meet the auditor’s needs.

About Catallaxy
A Raymond Chabot Grant Thornton subsidiary, Catallaxy develops products in the fields of finance, accounting, digital economy and digitization of physical assets (consumer goods, food assets, real estate, manufacturing and legal documents).

Catallaxy has a group of experts in innovative technologies, such as cryptographic data analysis, blockchain, tokenization and artificial intelligence.

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19 Aug 2019

With more than twenty-five years of professional experience in North America and Europe, Vincent Cartier joins Raymond Chabot Grant Thornton’s management consulting team.

Vincent Cartier’s arrival in our Management Consulting team will solidify the firm’s risk management and internal audit expertise thanks to the 25 years of professional experience in North America and Europe.

Vincent is motivated by the practical assistance he provides his clients. He supports organizations in various sectors in setting business risk priorities and developing efficient and effective risk management methods. He believes “that there is nothing more rewarding than hearing ‘Thank you!’ from a satisfied client.”

A stronger service offering

In his new role, Vincent will be working with Nicolas Plante, Partner and Leader of the Management Consulting Group and his team.

“We are very pleased to welcome Vincent to our team. His wide-ranging experience with large corporations and extensive business network will help further expand our group’s significant service offering,” says Nicolas Plante.

Vincent Cartier

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13 Aug 2019

Raymond Chabot Grant Thornton is proud to join forces with CCH Tagetik to offer a new automated performance management solution across Canada.

This tool supports the finance department’s consolidation, analysis and reporting processes as well as the finance and operations departments’ planning and budgeting process.

Thanks to the new partnership, one of the only ones between CCH Tagetik and a Canadian firm, the firm can offer its clients the opportunity to lower the Total Cost of Ownership (TCO). This solution streamlines and modernizes budgeting and planning processes, shortens close and consolidation cycles, accelerates the financial reporting process and easily generates in-depth analyses. It has an easy to integrate open, unified and multiplatform architecture.

David Mayrand, Partner, Management Consulting, stated: “In practical terms, this tool serves to simplify up to 70% of the planning cycle, accelerates the closing processes by 50% and reduces reporting time by 40%. These are substantial benefits that we are pleased to offer our clients.”

The new association between Raymond Chabot Grant Thornton and CCH Tagetik expands the EPM solutions offering, which also includes IBM Planning Analytics and SAP BPC.

Our certified experts can help you find the best technology solution for your business. Contact us today to find out how to optimize your financial performance.

To learn more about the CCH Tagetik performance management solution, go to www.tagetik.com.

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07 Aug 2019

The inclusion of every person in his or her workplace, regardless of gender expression or sexual orientation is key for employees’ wellness and any organization’s long-term prosperity.

Four members of the Raymond Chabot Grant Thornton family showed great generosity, conviction and open-mindedness in agreeing to tell us a bit about their personal history in order to help remove the taboos that may affect LGBT individuals in their personal and professional lives.

Joëlle Bélanger – Marketing Advisor

Being a lesbian is not something I brag about, it’s just who I am. Is it easy to respect who you are? It takes time! In my old job, when someone first asked me that infamous question, “Do you have a boyfriend?” I didn’t respect who I was and said no. That much was true, I didn’t have one. On the other hand, nobody asked if I had a girlfriend!

For three years, because of that “No”, my colleagues thought I was a single heterosexual. For three years, I continued to live a lie, without talking about my girlfriend and our daily lives.

When I started at Raymond Chabot Grant Thornton, I swore to myself that I would respect who I am. I didn’t waste any time. On my first day, I think it might have been one of the first things I said to my colleagues. I didn’t want to live a lie anymore. I quickly realized from my team’s reaction that they didn’t really care about my sexual orientation. It was an open-mindedness that makes me feel good and lets me be who I am.

Many people still suffer in silence and freeze when asked a trivial question that causes them discomfort. For a heterosexual, it’s simple, for someone who’s gay, it’s a whole different story.

Joëlle Bélanger

Sylvain Prince – Partner – Regional Director of Professional Standards

How can you be true to your homosexuality at Raymond Chabot Grant Thornton? I’d never asked myself that before, because I never felt different from my heterosexual colleagues, or felt that I was treated differently or labelled.

My career at the firm started when I did my university training here almost 20 years ago, the same year I “came out” to my university friends and met my partner. Never did I feel judged or that my career was hampered because of my sexual orientation. On the contrary, I was recognized for my skills and given the opportunity to take on several professional challenges, such as being named partner recently.

Because I accept who I am, my colleagues and clients know all about it and I think it’s easier for everyone. I don’t feel uneasy talking about my personal life with clients or colleagues or when my spouse joins me for activities.

When I announced to my colleagues that my spouse and I were going to have a child this fall with a surrogate mother, you should have seen how happy they were, there may even have been a few tears of joy!

In short, I truly believe that you can be quite comfortable in your homosexuality at Raymond Chabot Grant Thornton and pursue your career freely.

Sylvain Prince

Christine Régimbal – Partner

I’ve been a proud member of the Raymond Chabot Grant Thornton family for more than 28 years, as well as partner of the firm for almost 18 now. This firm has provided me with many opportunities as well as the tools to strive to achieve my full potential.

It has always offered me a positive work environment and over the years, just like society, our business has evolved into a very accepting work place. As a partner involved in student recruitment, I proudly speak of my wife to the potential candidates. It’s important they understand that Raymond Chabot Grant Thornton offers an environment of inclusiveness and acceptance, and that everyone is encouraged to be themselves.

I’ve recently had the honor of being reelected to the firm’s partnership Board by my peers for a second term. I’m very grateful to my partners for the trust they have shown me and I’m honored to be representing them on the Board.

Christine Regimbal

Patrick Danis – Senior Marketing Advisor

Have you ever had to make a “big announcement” to people around you, whether it was positive or negative? As members of the LGBT community, we often have to make an “announcement” about who we are, which, to me, has often seemed somewhat unfair. So, imagine now that you’re arriving in a new work environment and you have to reveal something about your personal history to people you barely know.

When I started at Raymond Chabot Grant Thornton, I came from a company where, for almost 10 years, I was very open about myself. Now I had to start all over… At the same time, someone I knew once told me, “If you act like it’s not normal, then that’s the message you’ll be sending”.

So, I decided to be totally up front with my new colleagues and my “news” barely had any impact. We just kept talking about our lives, like anyone else would, regardless of their sexual orientation. It’s important to feel good about yourself at work. And thanks to you, dear colleagues, that’s how I feel every day. Thank you!

Patrick Danis

Message from Emilio B. Imbriglio – President and Chief Executive Officer

As I read these words, I felt extremely proud of my colleagues. Their words were moving and they have shown great generosity and courage in telling us their stories.

What I realized when I read the stories was their comfort in being themselves at work but also, a desire that all of our employees, regardless of their background, be able to thrive and be true to themselves at work, like these four inspiring people. Thank you Joëlle, Sylvain, Christine and Patrick.

Since August 1, 2019, Raymond Chabot Grant Thornton is proud to be a member of Pride at Work, an organization that is working towards bringing down barriers to employment for LGBT individuals.

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