Banking Software News:
Strategic Information Technology (SIT) Ltd.
SIT Customers Adopt "Client Name" GIC Automation
Toronto, Canada – Feb 28, 2012: Strategic Information Technology Limited (SIT) is pleased to announce that both General Bank of Canada and MonCana Bank of Canada have begun using Portfolio Plus to process "client name" GIC applications using the CANNEX Financial Network.
SIT Commits to GICSERV
Toronto, ON, Canada – February 14, 2012: Strategic Information Technology Ltd. ("SIT") is pleased to announce that it is commencing its development of a GICSERV interface to its Portfolio Plus banking software platform.
Marathon Mortgage Chooses Portfolio Plus
Strategic Information Technology Ltd. ("SIT") is
pleased to announce that Marathon Mortgage Corporation has chosen Portfolio Plus for the administration of loans, loan syndication, and mortgage broker agent management.
SIT Completes 15 Upgrades in Twelve Months
Toronto, ON, Canada – February 7, 2012: Strategic Information Technology Ltd. (“SIT”) is pleased to announce that it has completed fifteen upgrades in the last twelve months.
Tax Updates Available for Portfolio Plus
Toronto, Canada – January 9, 2012: Strategic Information Technology Ltd. (SIT) is pleased to announce the upcoming
availability of tax updates to comply with the Canadian Revenue Agency changes. This tax update will be available in the
January 15 (2012) Service Pack for Portoflio Plus 2012 and Portfolio Plus 2011. Customers with older versions of Portfolio Plus, or with unique
delivery requirements, can
contact customer support to get help.
Existing SIT customers can log on to SIT Advantage for more information.
TORONTO, Jan. 9, 2012 HomEquity Corporation today announced that in the fourth quarter of 2011 its subsidiary, HomEquity Bank, originated a record volume of reverse mortgages of $67.2 million - an increase of 42% over the fourth quarter of 2010.
Strategic Information Technology Ltd. ("SIT") is pleased to announce that
it has launched a redesigned SIT Advantage website to enhance customer support.
Strategic Information Technology Ltd. ("SIT") is pleased to announce that
it has agreed to be part of the RDSP Advisory Committee in conjunction with other financial insitutions and service providers.
SIT is pleased to announce the availability of the Interchange 2011 Agenda (October 24 & 25). Interchange is
a yearly user conference that SIT hosts to help educate our customers while also giving them a great forumn to
network and learn from each other. Hope to see you there!
Strategic Information Technology is pleased to announce the release of Version 2012 of Portfolio Plus with over 110 enhancements that
improve the functionality of all areas of Portfolio Plus including loans, term deposits, investments, retail banking, system administration and more.
Strategic Information Technology Ltd. (SIT) is pleased to announce that Rob Leeming, President
of SIT, has been inducted into the Canadian Mortgage Hall of Fame.
SIT is pleased to announce the inaugural Deposit Industry Charity Event (DICE) to be held on
September 27, 2011 at Sleepy Hollow Golf Club with net proceeds going to the Children's Help Phone. Please mark
this date in your calendars!
Toronto, Canada – June 2, 2011: Strategic Information Technology Limited (SIT)
is pleased to announce that Scotiabank has chosen Portfolio Plus to
replace the existing third party channel term deposit and investment system.
Toronto, Canada – May 12, 2011: Strategic Information Technology Ltd. (SIT)
is pleased to announce the upcoming release of the Deposit
Insurance GuardianTM for Portfolio Plus to
facilitate the requirements for CDIC Fast Insurance Determination.
Toronto, Canada – May 11, 2011: Strategic Information Technology Limited (SIT) is pleased
to announce that MonCana Bank of Canada has chosen Portfolio Plus to help manage broker focused term deposits.
Toronto, ON, Canada – April 5, 2011: Strategic Information Technology Ltd. ("SIT") is
pleased to announce that RBC, Canada's largest bank, has completed the conversion
of billions of dollars' worth of financial products to the
Portfolio Plus banking software platform.
Toronto, ON, Canada – March 4, 2011: Strategic Information Technology Ltd. (“SIT”) is pleased to announce that Equity Financial Trust Company (“EFT”) has chosen Portfolio Plus banking software as a strategic platform to accommodate their future growth.
Toronto, ON, Canada – December 21, 2010. Strategic Information Technology Ltd. ("SIT") is pleased to announce that Effort Trust has chosen SIT's Portfolio Plus banking software platform to position itself for future growth and increased customer satisfaction.
Toronto, ON, Canada – November 18, 2010: Strategic Information Technology Ltd. ("SIT") is pleased to announce the availability of the Portfolio Plus Interface for Filogix FXLink.
Toronto, ON, Canada – September 20, 2010: Strategic Information Technology Ltd. (“SIT”) is pleased to announce the release of Portfolio Plus 2011 adding over 120 enhancements to SIT’s banking software platform.
Toronto, ON, Canada – August 18, 2010: Strategic Information Technology Ltd. ("SIT") is pleased to announce the
release of an electronic interface to Credit Risk Management Canada's sophisticated credit risk facility, with unique capabilities
that significantly reduce risks in the underwriting of agricultural loans.
Toronto, ON, Canada – August 17, 2010: Strategic Information Technology Ltd. ("SIT") is pleased to announce the release of automated client
name functionality through the CANNEX Financial Network with Versions 2011 of SIT's Portfolio Plus banking software.
Stouffville, ON, Canada – May 6, 2010: Strategic Information Technology Ltd. (“SIT”) is pleased to announce that Dianne
Cupples has been promoted to Vice President, Customer Support,
and that Barbara Baron has been promoted to Chief Financial Officer.
Stouffville, ON, Canada – May 6, 2010: Strategic Information Technology Ltd. ("SIT") is pleased to announce
the formation of a Business Partner Strategies group that will be led by Angie Benetis, VP of Business Partner Strategies.
Stouffville, Canada – April 29, 2010: Strategic Information Technology Limited ("SIT") is pleased
that Your Neighbourhood Credit Union has completed "Chip Readiness Testing" with Everlink and CUETS.
Stouffville, ON, Canada – April 27, 2010, 2010: Stouffville, Canada – April 27, 2010: Strategic Information Technology Limited (“SIT”) is pleased
to announce that PACE Savings and Credit Union ("PACE") has taken delivery of new debit card velocity monitoring enhancements for Portfolio Plus.
Toronto, Canada – February 1, 2010: Strategic Information Technology Limited (“SIT”) is pleased to announce
that it was presented the Business Focus award from Progress
Software for recognition of SIT’s market development efforts...
Toronto, Canada – January 24, 2010: Strategic
Information Technology Limited (“SIT”) is pleased
to announce that CIBC has completed its upgrade to Portfolio Plus 2010.....
Toronto, Canada – January 18, 2010: Strategic Information Technology
Limited (“SIT”), a banking software company, is pleased to announce the beta
availability of Canadian Securities Registration System (CSRS) interface for
Portfolio Plus..."
Toronto, ON, Canada – January 14, 2009: Strategic
Information Technology Limited (“SIT”) is pleased to announce that CommunityLend
has gone live with its Peer-to-Peer lending platform utilizing SIT's Open Banking Interface for Portfolio Plus...."
January 12, 2010:
The Financial Post ran an article (on December 30) on CommunityLend, one of SIT's banking software customers. In the article Colin Henderson is quoted
as saying "We are not deliberately trying to compete with the banks. We believe we've got a better, more transparent business model,
and in light of all the things that have happened in financial services, we believe transparency and simplicity are very important..."
January 11, 2010: Strategic Information Technology Limited (“SIT”) is pleased to announce the availability of Portfolio Plus InfoCloak for
beta testing. InfoCloak is a module of Portfolio Plus that facilitates data testing while enabling increased privacy using a unique banking data scrambling
algorithm.
January 5, 2010: The Investment Executive, a magazine that promotes itself as "Canada's Newspaper for Financial Advisors",
ran a story on November 2, 2009, that featured a number of SIT customers that target the broker deposit market for CDIC insured term deposits.
December 6, 2009: Strategic Information Technology Limited (“SIT”) is pleased to announce that Canadian Tire Financial Services has
completed its upgrade to Portfolio Plus 2010.
Toronto, Ontario – November 2, 2009: Strategic
Information Technology Limited (“SIT”) is pleased to announce
that HomEquity Bank has gone live with Portfolio Plus 2010.
Toronto, Ontario – October 13, 2009: Strategic Information Technology Limited (“SIT”) is pleased to announce
that CHIP Home Income Plan (CHIP) has received its Letters Patent and Order to Commence as a federally regulated Schedule I bank.
Toronto, ON, Canada – September 18, 2009:
Strategic Information Technology Ltd. (“SIT”) is pleased to announce that Xceed Mortgage Corporation has
chosen the Portfolio Plus banking software platform for use in raising deposits if and when Xceed becomes a
federally regulated financial institution.
Toronto, ON, Canada – September 15, 2009: Strategic
Information Technology Limited (“SIT”) is pleased to announce that CommunityLend has taken another step forward towards
opening the doors to operate a peer-to-peer lending business in Canada and has now been registered as a dealer in the category of
limited market dealer in Ontario.
Toronto, ON, Canada – June 1, 2009: Strategic Information Technology
Limited (“SIT”) is pleased to announce
the upcoming release of Portfolio Plus 2010 which includes dozens of new features that are aimed at improving
efficiency and flexibility. SIT's Portfolio Plus banking software continues to be
successful in banks, virtual banks, insurance
companies, trust companies, loan companies, and credit unions.
Cork, Ireland – April 23, 2009: Bishopstown Credit Union is to be honoured with a reception being held by the
Rt. Honourable the Lord Mayor of Cork, Councillor Brian Bermingham on May 6th next in the City Hall. This
reception is to mark the innovative and progressive achievements Bishopstown Credit Union has made, to the
benefit of its members.
Toronto, Ontario – March 13, 2009: Strategic Information Technology Limited (“SIT”) is pleased
to announce that CHIP Home Income Plan (CHIP) has chosen Portfolio Plus to
help it strengthen its market position.
Toronto, Canada – January 16, 2009: Strategic Information Technology Limited (“SIT”) is pleased to announce that the card program solution, currently offered by SIT, meets the standards of the Payment Card Industry Security Standards Council and is in compliance as a Payment Card Industry Compliant Service Provider.
Toronto, Canada – November 12, 2008: Strategic Information Technology Limited (“SIT”) is pleased to
announce the signing of RBC to proceed with the Term Deposit Module of Portfolio Plus with the CANNEX Interface as a total solution to expand their nominee business. If testing is successful RBC will be moving forward with the SIT solution …
Toronto, Ontario – November 6, 2008: Strategic Information Technology Limited
(“SIT”) is pleased that the Financial Post has commended Canadian Tire Financial Services’
strategy to attract roughly $500-million in customer-deposited GIC accounts.
Toronto, Canada – October 28, 2008: Strategic Information
Technology Limited (“SIT”) is pleased to announce that it has released an open core banking interface to
enable third party programs to leverage rich banking functionally that includes loans, investments,
retail banking, and term deposits.
Toronto, Canada – October 14, 2008: Strategic Information Technology Limited (“SIT”) is pleased to announce that E-Services
Credit Union, located in Dublin, Ireland has chosen to adopt Portfolio Plus
for its new strategic credit union banking system …
Toronto, Canada – August 29, 2008: Strategic Information Technology Limited (“SIT”)
is pleased to announce that PACE Savings and Credit Union ("PACE"), located in Vaughan, Ontario, Canada, has
completed its upgrade to Portfolio Plus 2008 …
Toronto, Canada – August 21, 2008: Strategic Information Technology Limited (“SIT”) is
pleased to announce that Bishopstown Credit Union (Bishopstown) has chosen Portfolio Plus as their new strategic credit union software platform…
Toronto, Canada – July 2, 2008: Strategic Information Technology Limited (“SIT”) is pleased to announce that
Quest Capital Corporation has chosen Portfolio Plus to help support their growth strategy in pursuing a deposit-taking
licence. Quest Capital Corporation will implement Strategic Information Technology’s mortgage and financial accounting
modules immediately with plans to add the term deposit module in the near future …
Toronto, Canada – June 23, 2008: Strategic Information Technology Limited (“SIT”) is pleased to
announce that Equitable Trust has completed their upgrade to Portfolio Plus 2008. …
SIT to Add Power to CommunityLend’s Social Lending Platform
Toronto, Ontario: Toronto-based CommunityLend announced today that it has chosen to work with
Strategic Information Technology Limited ("SIT") as a strategic service partner. CommunityLend will be using Portfolio Plus,
a core SIT product, to deepen the functionality of its social lending platform.
[read more] SIT to Add Power to CommunityLend’s Social Lending Platform
ACC Farmers' Financial to Harvest Benefits of Portfolio Plus
Toronto, Canada – May 20, 2008: Strategic Information Technology Limited (“SIT”) is pleased to
announce that ACC Farmers’ Financial has picked Portfolio Plus to help advance the support of their agricultural
loan programs …
[read more] ACC Farmers Financial to Harvest Benefits of Portfolio Plus
SIT Announces Support for Tax Free Savings Accounts
Toronto, Canada – May 5, 2008: Strategic Information Technology Limited (“SIT”) is pleased to
announce that it will be supporting Tax Free Savings Accounts within the Portfolio Plus Investment Module. This
Tax Free Savings Account (TFSA) software will be available to all Canadian financial institutions who currently have SIT’s Portfolio Plus banking software installed …
[read more] SIT Announces Support for Tax Free Savings Accounts
SIT Announces Additional Loan Partner Functionality
Toronto, Canada – April 30, 2008: Strategic Information Technology Limited (“SIT”) is pleased
to announce that it will be adding enhanced loan partner functionality within Portfolio Plus …
[read more] SIT Announces Additional Loan Partner Functionality
SIT Touts Stouffville Location
Toronto, Canada – April 25, 2008: Strategic Information Technology Limited (“SIT”), a banking
software company, is pleased to announce that it has grown to over 100 employees and credits its
Stouffville location for part of its success …
[read more] SIT Touts Stouffville Location
Yukon Housing Upgrades to Portfolio Plus 2008
Toronto, Canada – March 19, 2008: Strategic Information Technology Limited (“SIT”), a
banking software company, is pleased to announce that Yukon Housing Corporation has upgraded to Portfolio Plus 2008 …
[read more] Yukon Housing Upgrades to Portfolio Plus 2008
SIT Hosts Choice Bank’s Virtual Banking with Portfolio Plus
Toronto, Canada – February 21, 2008: Strategic Information Technology Limited
(“SIT”) is pleased to announce that Choice Bank, headquartered out of Belize City, Belize, has
chosen SIT’s flagship product, Portfolio Plus, to provide its virtual banking services …
[read more] SIT Hosts Choice Bank’s Virtual Banking with Portfolio Plus
Toronto, Canada – January 7, 2008: Strategic Information Technology Limited (“SIT”) is pleased to announce
that Canadian Tire Financial Services will be driving its term deposit growth with Portfolio Plus banking software.
Toronto, Canada – December 13, 2007: Strategic Information Technology Limited (“SIT”)
is pleased to announce that General Bank of Canada, located in Edmonton, Alberta, has
completed its upgrade to Portfolio Plus 2008 …
[read more] General Bank Upgrades to Portfolio Plus 2008
DirectCash Invests in Banking System
Toronto, Canada – December 10, 2007: Strategic Information Technology Limited
(“SIT”) is pleased to announce that DirectCash Management Inc. (“DirectCash”)
has chosen Portfolio Plus banking platform to facilitate and expand its
existing transaction processing capabilities …
[read more] DirectCash Invests in Banking System
CIBC Upgrades to Portfolio Plus 2007
Toronto, Canada – December 4, 2007: Strategic Information Technology Limited (“SIT”) is pleased
to announce that CIBC has completed its upgrade to Portfolio Plus 2007 …
[read more] CIBC Completes Upgrade to Portfolio Plus 2007
PACE Savings and Credit Union Credit Union Completes Threshold Certification
Toronto, Canada – November 23, 2007: Strategic Information Technology Limited ("SIT") is
pleased to announce that PACE Savings and Credit Union ("PACE"), located in Vaughan, Ontario, Canada, has completed
the Threshold certification process and is now operational using the Threshold ISO interface …
[read more] PACE Credit Union Completes Threshold Certification
Agricultural Development Bank Upgrades to Portfolio Plus 2008
Toronto, Canada – November 12, 2007: Strategic Information Technology Limited (“SIT”) is
pleased to announce that Agricultural Development Bank (“ADB”) has completed its upgrade
to Portfolio Plus 2008 …
[read more] Agricultural Development Bank Upgrades to Portfolio Plus 2008....
State Bank of India Goes Live with Portfolio Plus 2007
Toronto, Canada – October 4, 2007: Strategic Information Technology Limited (“SIT”) is pleased to announce that
State Bank of India (Canada) (SBI Canada) has gone live with Portfolio Plus 2007 …
State Bank of India Goes Live with Portfolio Plus 2007 ....
Portfolio Plus 2008 Released
Toronto, Canada – September 15, 2007: Strategic Information Technology Limited (“SIT”) is pleased to announce
the release of Portfolio Plus 2008 which includes dozens of new features that are aimed at improving
efficiency and flexibility …
[read more] Portfolio Plus 2008 Released
State Bank of India Acts to Expand Term Deposit Business
Toronto, Canada – July 23, 2007: Strategic Information Technology Limited (“SIT”) is
pleased to announce that State Bank of India (Canada) (SBI Canada) has chosen Portfolio
Plus to help increase their success in the Canadian financial market …
[read more] State Bank of India Acts to Expand Term Deposit Business ....
SIT Congratulates Grand River Credit Union and Mitchell & District Credit Union on their Merger Plans
Toronto, Canada – July 16, 2007: Strategic Information Technology Limited (“SIT”)
is pleased to announce that two of its customers, Grand River Credit Union and Mitchell & District Credit Union have decided to pursue a merger.
It is planned that the merged credit unions will be operated under the name Your Neighbourhood Credit Union, which is a credit union that Grand River
had merged with at an earlier date …
[read more] Grand River Credit Union to Merge with Mitchell & District Credit Union ....
ING Bank of Canada Selects Portfolio Plus Investment System
Toronto, Canada – May 15, 2007: Strategic Information Technology Limited (“SIT”) is pleased to announce that
ING Bank of Canada has purchased investment functionality for their existing Portfolio Plus
banking software system …
[read more] ING Bank of Canada Selects Portfolio Plus Investment System
Korea Exchange Bank of Canada Expands Term Deposit Business using Portfolio Plus
Toronto, Canada – March 28, 2007: Strategic Information Technology Limited (“SIT”)
is pleased to announce that Korea Exchange Bank of Canada has chosen Portfolio Plus to facilitate term
deposits that are sold using brokers and the CANNEX network …
[read more] Korea Exchange Bank of Canada
Credit Union Seminar: Growth Strategies 2007
SIT held a Credit Union Seminar on March 7, 2007. Based on the feedback sheets it was VERY successful.
Thanks to our partners, credit unions, and all that attended. We had a wonderful time and can't wait to do another one! Stay tuned …
[read more] Credit Union Seminar
ING Bank of Canada Selects Portfolio Plus to Address Deposit Nominee Business
Toronto, Canada – January, 2007: Toronto, Canada – January 15, 2007: Strategic Information Technology Limited (“SIT”) is pleased
to announce that ING Bank of Canada has chosen Portfolio Plus to manage broker-originated term deposits …
[read more] ING Bank of Canada Selects Portfolio Plus to Address Deposit Nominee Business
SIT Advertisement: Enterprise Magazine
We haven't advertised for the past two years - yet we have more customers
interested in us than ever. Go figure. Yet, for fun, we thought we should do at least one advertisement. Here it is. We advertised in
"Enterprise Magazine" largely because of its quality typography, writing and overall design …
Click Here to See our Ad ....
Community Trust Chooses Portfolio Plus to Accomodate Growth
Toronto, Canada – December 11, 2006: Strategic Information Technology Limited (“SIT”) is pleased to announce that
Community Trust, located in Toronto, Ontario, has selected
Portfolio Plus to replace their current environment and address
their future growth initiatives …
[read more] Community Trust Chooses Portfolio Plus to Accomodate Growth
Credit Union Central of Ontario Chooses Portfolio Plus
Toronto, Canada – November 30, 2006: Strategic Information Technology Limited (“SIT”) is pleased to
announce that Credit Union Central of Ontario (“Central”) has chosen Portfolio Plus to manage its loan portfolio …
[read more] Credit Union Central of Ontario Chooses Portfolio Plus
Mitchell and District Credit Union Chooses Portfolio Plus
Toronto, Canada – October 13, 2006: Strategic Information Technology Limited (“SIT”) is pleased to announce that
Mitchell District Credit Union has chosen Portfolio Plus as its credit union banking platform …
[read more] Mitchell and District Credit Union Chooses Portfolio Plus
Portfolio Plus 2007 to be Released
Toronto, Canada – September 13, 2006: Strategic Information Technology Limited (“SIT”) is pleased
to announce the upcoming release of Portfolio Plus 2007, a continued advancement of
SIT’s enterprise banking platform that has proven to be successful
with market leading banks, insurance companies, trust companies, loan companies, and credit unions …
[read more about] Portfolio Plus 2007
SIT Announces Support for Future CANNEX Functionality
Toronto, Canada – September 13, 2006: Strategic Information Technology Limited (“SIT”) is pleased to
announce support for upcoming CANNEX functionality.
“This new CANNEX functionality will enable the automation of early redemptions of cashable GICs , the re-registration
and transfer of GICs, as well as month position reconciliation”, says G. Robert Leeming, CEO of
SIT. “These enhancements will dramatically increase the throughput of
Term Deposit, GIA, and GIC business for high volume
brokers, dealers, and financial institutions.”
[read more] CANNEX Initiatives
SIT Partners with Interprise Solutions for E-Statement Delivery and Imaging
Toronto, Canada – August 28, 2006: Strategic Information Technology Limited ("SIT") is pleased to
announce the choice of Interprise Solutions, makers of DOXIM Enterprise Content Manager
(ECM), as a strategic partner to facilitate the production of e-statements, in
addition to document management and archiving …
[read more] SIT Partners with Interprise Solutions for E-Statement Delivery
AGF Trust Company Provides Additional Agent Web Query Capability for Loans, Term Deposits and Investments
Toronto, Ontario, June 13, 2006: AGF Trust Company today announced additional Advisor web query capability which provides for full
comprehensive sales summary and account level data for all agent based account activity administered by AGF’s suite of
financial services, complimenting the existing query capability provided by the AGF …
[read more] AGF Trust Provides Additional Web Query Capability
MCAP Inc. Goes Live with Portfolio Plus for Term Deposit Business
Toronto, Ontario, February 15, 2006: Strategic Information Technology
Limited (“SIT”) is pleased to announce that MCAP Inc. has gone into production with Version 11 of
Portfolio Plus …
[read more] MCAP Inc. Goes Live with Portfolio Plus for Term Deposit Business
SIT Customer News: Another Stellar Year for Manulife Financial Corporation
Toronto, Canada – February 9, 2006: Manulife Financial Corporation released record
financial results today …
[read more] Another Stellar Year for Manulife Financial Corporation
Grand River Completes Merger of Banking Systems
Toronto, Canada – January 16, 2006: Strategic Information Technology Limited ("SIT") is pleased
to announce that Grand River Credit Union, located in Waterloo, Ontario with branches in the Waterloo,
Kitchener, Cambridge, Brantford and Paris regions has completed the merger of their banking systems on
to the Portfolio Plus banking platform …
[read more] Grand River Completes Merger of Banking Systems
General Bank now Live with Portfolio Plus
Toronto, Canada – October 31, 2005: Strategic Information Technology Limited
(“SIT”) is pleased to announce that General Bank of Canada, located in
Edmonton, Alberta, has gone live with Portfolio Plus and is now
executing its business plan for providing indirect consumer
financing to Canadian franchised dealerships …
[read more] General Bank Now Live with Portfolio Plus
MCAP Inc. Decides on Portfolio Plus for Term Deposits
Toronto, Canada – October 31, 2005: Strategic Information Technology Limited ("SIT")
is pleased to announce that MCAP Inc., located in Toronto, Ontario,
has chosen Portfolio Plus to help increase the functionality of its term deposit business …
[read more] MCAP Inc. Decides on Portfolio Plus for Term Deposits
Version 11 of Portfolio Plus is Released
Toronto, Canada – September 21, 2005: Strategic Information Technology Limited (“SIT”) is
pleased to announce that Version 11 of Portfolio Plus was released at midnight, September 15, 2005.
Version 11 of Portfolio Plus adds functionality for all
banking software subsystems including: Term Deposits, Loans, Mortgages,
Retail Banking, Investment Management and the Universal Gateway …
[read more] About Version 11 of Portfolio Plus
Congratulations to Ric McGratten
Toronto, Canada – September 21, 2005: Strategic Information Technology Limited (“SIT”) would like to
congratulate Ric McGratten, President and CEO of MCAP Mortgage on his induction
into the Canadian Mortgage Hall of Fame by the Canadian Institute of
Mortgage Brokers and Lenders (CIMBL) Foundation. The CIMBL foundation will
be hosting a gala on September 22, 2005, at the Fairmont Royal
York Hotel, to formally induct Mr. McGratten …
[read more] About Ric McGratten
PACE Savings and Credit Union Automates Documents with Office Link
Toronto, Canada – September 21, 2005: Strategic Information Technology Limited ("SIT") is pleased to announce
that PACE Savings and Credit Union ("PACE"), located in Vaughan, Ontario, Canada, has chosen to
upgrade their current banking software to include OfficeLink, a Portfolio Plus product
which allows for seamless and customized automation of client correspondence … [read more] About Banking Document Automation at PACE
Grand River Chooses Portfolio Plus for Growth
Toronto, Canada – June 30, 2005: Strategic Information Technology Limited ("SIT") is pleased to announce
that Grand River Credit Union, located in Waterloo, Ontario, Canada, has
selected Portfolio Plus as the credit union software platform to merge
the operations of Brant Credit Union and Waterloo Regional Credit Union … [read more] About Grand River Credit Union and SIT
General Bank of Canada Chooses Portfolio Plus
Toronto, Canada – April 27, 2005: Strategic Information Technology
Limited ("SIT") is pleased to announce that General Bank of Canada, located in
Edmonton, Alberta, has chosen Portfolio Plus to initiate its banking activities in Canada … [read more] About General Bank of Canada and SIT
Portfolio Plus - Now Available in Spanish!
Toronto, Canada - January 10, 2005: Strategic Information
Technology, in co-operation with Computer Distributors Inc. of Puerto Rico,
are now bringing to market an exciting addition to the Portfolio Plus
family of financial software products. Strategic Information Technology is
proud to introduce Portfolio Translator … Read More About Spanish Banking Software from SIT
Portfolio Plus Adds Leasing Component
Toronto, Canada - January 10, 2005: Strategic Information Technology
Limited ("SIT") is pleased to announce the addition of a Leasing component to Portfolio Plus … [read more] About Combining Banking Software and Leasing
Filogix Inc. and Strategic Information Technology Limited to Integrate Products
Toronto, September 7, 2004 - Strategic Information Technology Limited ("SIT") and Filogix Inc. ("Filogix")
announced today that they have agreed to integrate Filogix expressTM with SIT's Portfolio Plus solution.
Filogix’s expressTM is a mortgage processing system using business rules and workflow, and SIT's
Portfolio Plus, is a banking system for all financial instruments including mortgage loans. This
integration will allow for seamless loading of applications. By integrating these systems, lenders
will dramatically improve turn-around time to clients, therefore enhancing and
providing exceptional customer service … Read More About FILOGIX and SIT
Agriculture Development Bank Moving to Portfolio Plus
Toronto, Canada – August 20, 2004: Strategic Information Technology Limited ("SIT")
announces that the Agricultural Development Bank ("ADB") has now signed a perpetual
licence agreement to move onto the Portfolio Plus Platform.
The process for the vendor selection began April 7, 2004 with
the initiation of an RFP. Since then, SIT has proven that
Portfolio Plus will meet ADB’s specific selection criteria.
ADB was seeking a platform that was user-friendly, flexible, scalable,
and, provided accurate and timely management reporting,
so as to allow their business to continually grow while using a
system which would adapt to the ever changing business requirements …
Read More About Agricultural Development Bank and SIT
Equitable Group Delivers 25% Increase in Net Earnings
Equitable Trust Company, a wholly-owned subsidiary of Equitable
Group Inc. reported strong growth in earnings for the three months ended
June 30, 2004 and announced plans to utilize its expanded equity base and
mortgage lending resources. Net earnings have grown 25%, while mortgage
production increased 35% to $305 million. Additionally, there were
no loan losses in the second quarter …
[read more] About Equitable Trust and SIT
Peoples Trust Goes Live with Portfolio Plus
Toronto, Canada – May 17th, 2004: Strategic Information Technology
Limited ("SIT") announces that Peoples Trust has now gone live with the
Portfolio Plus Platform …
[read more] Peoples Trust goes Live with Portfolio Plus
Waterloo Regional Credit Union Expands Again
Strategic Information Technology Limited ("SIT") would like to
extend their congratulations to Waterloo Regional Credit Union (WRCU) on the Grand
Opening of the new Fischer-Hallman Branch, set to take place Wednesday May 26, 2004 …
Read More About Waterloo Regional Credit Union & SIT
PACE Credit Union Adopts Portcullis Web Banking Software
Toronto, Canada – March 22, 2004: Strategic Information Technology
Limited ("SIT") announces that PACE Savings and Credit Union has now made the switch
to Portfolio Plus Portcullis web banking software. With the upgrade to Portfolio Plus'
Portcullis, PACE Savings and Credit Union is now able to offer their clients …
[read more] Web Banking at PACE using Portfolio Plus
|
