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Area Development
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Morgan Stanley Feels At Home in Montréal

Location Canada (Mar 09)
On May 1, 2008, Morgan Stanley opened its new center of excellence dedicated to software development in Montréal. The investment involved could reach $200 million and the center could create up to 500 jobs over a period of five years.

Morgan Stanley, a global financial services firm that operates in the institutional securities, global wealth management, and asset management segments, selected Montréal for this development center because of its proximity to New York City; its culture and business practices, which are similar to those in the United States; its very large pool of IT talent; its affordable labor cost and the government’s contribution in the form of tax credits, and the quality of life found in Montréal.