On June 16, 2026, Infinite Investment Systems Ltd. ("Infinite"), a Canadian wealth management and investment operations technology provider headquartered in Toronto, announced that it had completed the acquisition of Paramax Solutions Inc. ("Paramax"), a Canadian financial technology company specializing in post-trade infrastructure for the Canadian debt and equity markets. Financial terms of the transaction were not disclosed.

Founded in 2002, Paramax provides clearing, settlement and straight-through processing solutions for participants in the Canadian debt and equity markets, including trade matching and confirmation, depository connectivity, real-time trade reporting and operational consulting services. The company was co-founded by Gary Stephenson and David Pollock, who, together with the rest of the Paramax team, will continue in their current roles following completion of the transaction.

Infinite has more than 20 years of experience serving Canadian wealth management firms and financial institutions with foundational technology platforms including Harmony, Data.iQ, Melody and Client Portal, supporting portfolio management, investment operations, client engagement and data management. The acquisition expands Infinite's expertise into post-trade capital markets infrastructure and complements its existing wealth operations, investment accounting, data management and enterprise technology capabilities. Infinite has confirmed that both the Harmony and Paramax platforms will continue to be invested in and supported.