Catalizr is an online solution from the French company Utocat, based in Lille, for handling investments in unlisted securities. It targets financial institutions: wealth advisers, securities back offices, private banks and savings departments. Clients supply the required documents digitally, the solution generates the commitment letter automatically, uses electronic signatures and shows the progress of each file on a dashboard. Investments made through a PEA, PEA-PME, retirement savings plan or ordinary securities account can thus be processed entirely online.
Utocat is a French SAS with its registered seat in Lille. The vendor does not state where the application data is hosted; ask about this, together with the sub-processors involved and the data processing agreement. According to its legal notice, the company website itself runs with a US provider, which is separate from the application. For a European financial institution the key point is that client and securities records stay with a European processor; the public information does not allow this to be confirmed here.