Doug Steiner, Financial Services Leader and Featured Columnist
Risk on Purpose
Thursday October 27th, 1:00-3:00 pm
Doug Steiner will provide an overview on the global financial crisis; what were the triggers, how did consumer perception of what is “acceptable” risk become so distorted? He will discuss the impact of this crisis on Canada and the global community and outline his predictions as to what he believes is in store for the future… according to Doug “It is not as bad as some may have us believe”.
Doug Steiner is a recognized leader in the field of financial services infrastructure and the design and use of economic and business models pertaining to capital markets efficiencies.
He founded the Equity Derivatives group at RBC Capital in 1986, then designed and deployed the first fully electronic securities trading and market-making platform in North America in 1989.
In 1992, he founded VERSUS Technologies Inc., one of the first fully electronic direct market access brokerage firms globally. In 1996 VERSUS licensed the rights to the E*TRADE service mark and technology for Canada, and commenced retail online trading for the firm in 1997. VERSUS went public in 1999 and was sold to E*TRADE Group in 2000.
In 2002 Doug started the first private equity fund in Canada dedicated to financial services infrastructure, and reorganized the fund into an operating company, Perimeter Financial, in 2005. Perimeter designed, developed and operated transparent securities trading and reporting venues for institutional and retail clients. The firm was sold to CI Financial in April 2009. Since 2004, Doug has also been a writer and featured columnist in Globe and Mail’s Report on Business Magazine, Canada’s leading business publication, commenting on industry trends, economic analysis, and investor psychologies.
He is a past member of the Chairman’s Advisory Board for the Ontario Securities Commission, and currently sits on the Deans Advisory Board for University of Toronto’s Rotman School of Management. Most recently, Doug has been engaged as a consultant on strategy and operations to a number of firms in Canada and the U.S.