Hot on the trail of U.S. and European markets, Canada is working on its e-platform for asset-backed and mortgaged-backed securities.

Focusing on the mortgage, consumer credit, securitization, and fixed income electronic marketplaces, Basis 100 Inc. will provide Internet-based business-to-business e-commerce solutions for institutional investors. The company was created to build an electronic commerce marketplace for the mortgage industry to really transact mortgages.

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