SEDAR+

What SEDAR+ does

SEDAR+ is a web-based electronic filing and disclosure platform that serves as Canada's official centralized system for securities regulatory disclosure. It is operated as a joint initiative by the Canadian Securities Administrators (CSA), specifically under the four principal member regulators: the British Columbia Securities Commission (BCSC), Alberta Securities Commission (ASC), Ontario Securities Commission (OSC), and Autorité des marchés financiers (AMF) of Quebec. The platform was launched in 2024 as the next-generation replacement for the legacy SEDAR system, which had been in operation since 1997. SEDAR+ provides a unified interface for filing, disclosing, and searching issuer information across all 13 Canadian provinces and territories.

The platform's core functionality includes public document search across 10,000+ reporting issuers, profile management for public companies, private companies, investment funds, and other filing parties, a reporting issuers list consolidated across all CSA jurisdictions, a disciplined list of individuals and organizations subject to securities regulatory sanctions, and a cease trade orders search. It supports full bilingual operation in English and French. Distribution occurs via a free web interface for public search, with authenticated filer login required for document submission through an Electronic Filer Agreement. Email alert subscriptions are available for both financial document updates and regulatory action notifications.

SEDAR+ does not operate as a commercial enterprise. It is a government regulatory infrastructure funded collectively by CSA member regulators, with filing fees governed by provincial and territorial securities regulatory authorities. Public access to search and view documents is free. The platform's competitive position is anchored entirely by its regulatory mandate rather than market-based product differentiation, and it serves four primary user groups: reporting issuers (mandatory filers), electronic filers (authorized submitters), the general public and investor community (information consumers), and securities regulators (oversight and enforcement).

Name

SEDAR+

Legal name

SEDAR+ (System for Electronic Disclosure by Insiders and Registrants Plus)

Website

https://sedarplus.ca

Company type

Private

Founded year

1997

Operating status

Operating

Short description

SEDAR+ is Canada's official web-based electronic filing and disclosure platform for securities regulators, operated jointly by four principal CSA member regulators. It enables 10,000+ reporting issuers to file and the public to search mandated disclosure documents across all Canadian jurisdictions.

Ownership category

akta.pro rank

Product category

Securities Regulatory Filing Platform

akta.pro primary industry

Regulatory Reporting Hubs & Aggregators (Multi-Regime/Multi-Asset) (FSAFAJAF)

akta.pro secondary industry

Securities Transaction Reporting Utilities (Equities/FI/Repos/SFT) (FSAFAJAB)

Keywords

• Securities filing platform
• Regulatory disclosure system
• Capital markets filing
• Issuer disclosure documents
• Securities regulatory technology

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure

Distribution channels3 records

Marketing channels5 records

Core offering

SEDAR+ is the official web-based electronic filing and disclosure platform for Canada's capital markets, operated by the Canadian Securities Administrators (CSA) member regulators. It enables reporting issuers and authorized electronic filers to submit regulatory filings such as prospectuses, annual financial statements, and material change reports, while providing the public with centralized search access to corporate profiles, public disclosure documents, cease trade orders, and disciplined party lists across all Canadian jurisdictions. The platform includes bilingual English/French support, email alert subscriptions for filings and regulatory actions, and access to the legacy SEDAR archive of pre-2024 documents.

Product overview

SEDAR+ is a single unified web-based platform for filing, disclosing, and searching issuer information across Canada's capital markets, operated by the Canadian Securities Administrators (CSA). The platform provides a consolidated set of tools including: document search and download capabilities for searching public disclosure documents filed by issuers; profile search functionality for finding private and public companies, investment funds, and other industry participants; a disciplined list for viewing individuals and organizations disciplined by ruling bodies; a cease trade orders search for viewing trading restrictions; a reporting issuers list showing filing organizations from all CSA jurisdictions; email alert subscriptions for financial documents and regulatory actions; filer login and access management for electronic filers; and access to legacy SEDAR archive data. The platform serves as the primary electronic disclosure system for securities regulatory compliance in Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• SEDAR+ Electronic Filing and Disclosure Platform The unified web-based platform operated by the Canadian Securities Administrators (CSA) for filing, disclosing, and searching issuer information across Canada's capital markets. It enables electronic submission of regulatory filings by authorized filers and provides public search of corporate profiles, disclosure documents, cease trade orders, and disciplined parties with full bilingual English/French support and email alert subscriptions.

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered core.

• British Columbia Securities Commission (BCSC)coreOthersCo-operator and governing body of SEDAR+ platform. BCSC is one of the four CSA member regulators that jointly operate and maintain the SEDAR+ system for Canadian capital markets disclosure.
• Alberta Securities Commission (ASC)coreOthersCo-operator and governing body of SEDAR+ platform. ASC collaborates with other CSA members to operate and maintain the electronic filing system for Alberta and national securities disclosure.
• Ontario Securities Commission (OSC)coreOthersCo-operator and governing body of SEDAR+ platform. OSC serves as the principal securities regulator for Canada's largest province and plays a leading role in operating the SEDAR+ disclosure system.
• Autorités des marchés financiers (AMF)coreOthersCo-operator and governing body of SEDAR+ platform. AMF is Quebec's securities regulator and provides French language interface and bilingual support for the SEDAR+ system.
• CSA Member Regulators (All Provinces and Territories)coreOthersCSA member securities regulators across all Canadian provinces and territories contribute data and jurisdiction-specific information to SEDAR+. The platform consolidates filings and regulatory actions from participating jurisdictions including BC, AB, SK, MB, ON, QC, NB, NS, PE, NL, YT, NT, and NU.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Wolters Kluwer: Wolters Kluwer provides regulatory compliance and reporting software (OneSumX for Regulatory Reporting, Compliance Solutions) used by banks, insurers, and corporates to satisfy multi-jurisdiction reporting obligations. It is a broad incumbent competing for the regtech layer adjacent to SEDAR+, but serves a different buyer (regulated firms preparing filings) rather than the regulator itself.
• Companies House (UK): Companies House is the UK's registrar of companies, providing public access to statutory company filings and corporate information. It is broader in scope than SEDAR+ (covering all UK companies, not just listed issuers) and offers a comparable public-search-and-retrieval function for corporate disclosure data, but also charges filing fees as a fee-funded government entity.
• Bloomberg L.P. Bloomberg provides financial data, analytics, and news including regulatory disclosure data ingestion across global markets. It is a broad incumbent that captures analyst and institutional demand for processed SEDAR+ filings via the Bloomberg Terminal, sitting in the value-added analytics layer above SEDAR+'s free public-access portal.
• Refinitiv (London Stock Exchange Group): Refinitiv, part of LSEG, provides global financial market data, analytics, and regulatory reporting solutions including Workspace, World-Check, and DataScope. It serves as a broad incumbent that repackages public regulatory filings (including Canadian disclosures) into premium analytics and workflow tools that compete for the value-added layer above SEDAR+'s free public data.

Regional players

• ASIC Market Integrity Reporting: ASIC operates the Australian regulatory disclosure and corporate filing infrastructure (including the ASIC Regulatory Portal and company registry). It is directly comparable to SEDAR+ as the official electronic filing and public-search platform for Australian listed entities and corporations, though it serves a single national jurisdiction with no provincial fragmentation.
• SEC EDGAR: SEC EDGAR is the U.S. Securities and Exchange Commission's electronic filing and disclosure platform for U.S. public companies, mutual funds, and insider transactions. It is the closest functional analog to SEDAR+ — a regulator-mandated electronic filing utility providing public document search, issuer profiles, and enforcement-related data — but operates in U.S. capital markets.
• ESMA FIRDS: The European Securities and Markets Authority operates FIRDS (Financial Instruments Reference Data System) and related transparency/transaction-reporting infrastructure for EU markets. It serves a comparable function to SEDAR+ as a centralized regulatory data utility, but is scoped to EU instruments and ESMA's multi-jurisdiction reporting regimes rather than Canadian disclosure.
• FCA National Storage Mechanism: The UK Financial Conduct Authority's National Storage Mechanism is the official regulatory filing and disclosure repository for UK capital markets. It performs a directly comparable function to SEDAR+ — storing regulated information, prospectuses, and issuer disclosures — but serves UK-listed entities and FCA-regulated funds rather than Canadian issuers.
• EDINET (Financial Services Agency of Japan): EDINET is Japan's electronic disclosure system for securities filings, operated by the Financial Services Agency. It serves a comparable function to SEDAR+ — mandatory electronic filing of securities reports, annual reports, and material disclosures — but serves Japanese capital markets under FSA jurisdiction rather than Canadian issuers.

Direct peers

• SEDI (System for Electronic Disclosure by Insiders): SEDI is the Canadian System for Electronic Disclosure by Insiders, operated by the same CSA member regulators as SEDAR+. It captures insider trading reports and related filings for Canadian issuers, providing complementary regulatory disclosure functionality and is referenced directly from the SEDAR+ landing page as part of the national CSA systems family.

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SEDAR+