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FreeBalance Shares International Financial Institution Expertise at OCRI Workshop in Ottawa, Canada


May 9, 2011

Matthew Olivier, Director, Global Marketing & Alliances at FreeBalance to participate on “Doing Business with International Financial Institutions” panel on May 10, 2011 

Ottawa, Canada (May 9, 2011) – FreeBalance, a For Profit Social Enterprise (FOPSE) software company that helps governments around the world to leverage robust Government Resource Planning (GRP) technology to accelerate country growth, announced that it is participating in the Doing Business with International Financial Institutions (IFI) workshop on May 10, 2011 from 8:30 – 11:30 am. Organized by Ottawa Centre for Research and Innovation (OCRI) and Foreign Affairs and International Trade Canada, the workshop will be held at the Export Development Canada building, 151 O’Connor Street, 2nd Floor Lounge, Ottawa, ON. Please contact Kirsten Sardelis to register for this free workshop.

During the workshop, attendees will learn about:

  • The types of opportunities financed by the IFIs and other development agencies that exist for Canadian companies
  • How the IFI landscape has changed in recent years
  • The new areas of opportunity and the procurement processes
  • The trends of interest to Canadian consultants and firms
  • The support mechanisms available for Canadian companies wishing to pursue IFI-financed projects
  • Strategies and key success factors involved in winning IFI-financed contracts, including recent procurement changes
  • Techniques to finance your export contracts and mitigate risk when dealing with an IFI

“FreeBalance would like to thank OCRI and the Canadian Department of Foreign Affairs and International Trade for organizing this workshop,” said Matthew Oliver, Director, Global Marketing & Alliances at FreeBalance. “FreeBalance is a Canadian company that is active in all World Bank regions. Our mission is to help countries leverage technology to support economic growth and aid development through transparent and accountable financial systems.”

Olivier will be participating on the 10:00 – 11 am panel to discuss working with IFI institutions. An IFI is a financial institution that has been established (or chartered) by more than one country, and hence are subjects of international law. Examples include the World Bank, International Monetary Fund, Inter-American Development Bank, Asian Development Bank; and the African Development Bank. Other participants on the panel include Stephan Sander, Co-President, Sander Geophysics Ltd.; Boris Jacouty, Business Development Manager, CPCS; and a representative from Export Development Canada. The panel will be moderated by Amber Germain, Trade Commissioner, Office of Liaison with International Financial Institutions, Embassy of Canada, Washington, D.C.

FreeBalance is active in 19 countries, including Antigua & Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide. More than 70,000 users around the world use FreeBalance software to manage a global civil service workforce of 1,500,000.

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit


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Matthew Olivier

Matthew Olivier

Vice President, Marketing at FreeBalance
Matthew is responsible for providing strategic marketing, communication, and business development direction for FreeBalance products, solutions and services. Matthew leads marketing and business development activities to support FreeBalance growth and brand awareness in the GRP market.
Matthew Olivier

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