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AGF Trust

AGF Trust: Outstanding Performance

The performance of AGF Trust speaks for itself. Year over year, (FY 2005 to FY2006) there has been a 94.2% rise in loan assets and a 47% rise in consumer loans. In total year over year performance, the assets of AGF Trust have risen 100.1% to 1.9 billion dollars. SIT’s Portfolio Plus banking software products have been a critical part of the operational resources required to attain these financial results. From a product and services perspective, AGF Trust and SIT have worked hand in hand to ensure that peak performance (especially over RRSP season) can continue to be optimized.

AGF and Portfolio Plus

AGF Trust, a wholly owned subsidiary of AGF Management Limited, first purchased Portfolio Plus in 2001 beginning with Plug-In BankingTM modules that included Loans, Investments, Accounting, Universal Gateway and Office Link. Since that time AGF Trust has invested adding new Plug-In BankingTM modules that include Agent Web Query (for collections) and Sonic middleware to connect with third party technology.

About AGF Trust

AGF Trust Company, a subsidiary of AGF Management Limited, offers financial advisors and investors a range of products and services, including RSP loans, investment loans and GICs.

AGF is one of Canada's premier mutual fund and wealth management companies with offices across Canada and subsidiaries around the world. With more than $33 billion in total assets under management, AGF serves 1.2 million investors through a broad range of award-winning funds and investment products.

About Strategic Information Technology Limited

SIT, formed in 1988, develops and markets Portfolio Plus, an extensible banking system that enables customers to plug-in new functionality as required. This is accomplished via SIT's unique Plug-In BankingTM architecture and a Financial Services BusTM that extends Portfolio Plus functionality to other corporate applications. SIT's banking software enables banks and non-banks to offer web banking, loans, loan securitization, investments, term deposits, wealth management, retail, ATM/POS switch interfaces for debit/credit or loyalty products, leasing, Equifax and Trans Union credit bureau interfaces, registered investment products, and much more. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

Portfolio Plus, Plug-In Banking and Financial Services Bus are trademarks or registered trademarks of SIT in the U.S., Canada and other countries. Any other trademarks or service marks contained herein are the property of their respective owners. For more information, please contact:

Patrick Lannigan
Strategic Information Technology
Telephone: 905-640-0808 x356
Email: patrickl@stratinfotech.com

 
 
 

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SIT News

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This page was created and/or refreshed on July 04, 2008 @ 13:30:10
by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
The page subject is: AGF Trust > AGF Trust

AGF Trust