Capco, a financial services consulting firm, is officially launching offices in Toronto and Montreal, and appointing executives to run them.

The firm provides consulting, business processing, data and technology services to the global financial services sector. And, it currently employs about 80 people in Canada.

Jos Schmitt has been appointed managing partner of Capco’s operation in Canada. He also heads the firm’s global Market Infrastructure practice.

“In launching its Canadian offices, Capco confirms its solid commitment to work with clients here to achieve measurable, transformational change in the delivery of financial services,” says Schmitt in a news release.

Schmitt is joined in Toronto by Ido Gileadi, who leads the technology practice; Nick Jackson, who runs the wholesale banking practice; and Miriam Tuerk, who leads the retail banking and payment practices and is also responsible for business development activities. Based in Montreal, David Pascal heads up the management and delivery of finance and risk projects.

“There is a tremendous opportunity for Canada to establish a leadership position in the global financial services sector when we leverage this country’s economic strength, the quality and diversity of the labor force, current technical and operational capabilities and Canada’s geo-political position,” says Schmitt. “And, it is Capco’s ambition to assist the Canadian financial services industry in this endeavor by providing an expert local team which will be fully leveraged and complemented by Capco’s international thought-leaders.”