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Portfolio Plus Interface for Filogix FXLink Interface

Equitable Trust Adopts Portfolio Plus Interface for Filogix FXLink Interface

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.

"We implemented the Portfolio Plus Interface for Filogix FXLink to streamline our underwriting processes," said Andrew Moor, President and CEO of Equitable Trust. "From our testing, the Interface has increased productivity by eliminating administrative inputs and allows us to provide more timely communications to our brokers when a deal is submitted."

SIT’s Portfolio Plus banking software platform enables loan companies, banks, trust companies, credit unions, and other financial organizations to exploit an Open Banking Interface to interconnect de facto financial industry technologies to seize a market advantage.

"The value proposition is very simple", said G. Robert Leeming, President of SIT. "The Portfolio Plus Interface for Filogix FXLink speeds up business for Equitable Trust, the mortgage broker and the consumer. Everybody wins. This is made possible with our Open Banking Interface for Portfolio Plus, which extends the reach of a financial institution to speed up processing and reduce errors."

About Equitable Trust

Equitable Group Inc. is a niche mortgage lender whose core business is first charge mortgage financing that are offered through its wholly owned subsidiary, The Equitable Trust Company (Equitable Trust). Founded in 1970, Equitable Trust is a federally incorporated trust company that is a CDIC insured deposit taking institution. Equitable Trust serves single family, small and large commercial borrowers, and their mortgage advisors. It also serves the investing public as a provider of Guaranteed Investment Certificates (GICs), being licensed to issue GICs in every province and territory across Canada.

About Strategic Information Technology Limited

SIT, formed in 1988, develops and markets Portfolio Plus, an extensible banking system that allows customers to plug-in new functionality as required. This is accomplished via SIT's unique Plug-In BankingTM architecture, an Open Banking InterfaceTM, and a Financial Services BusTM that extends Portfolio Plus functionality to other corporate applications. SIT's banking software empowers credit unions, banks, trust companies and building societies to offer web banking, loans, loan securitization, investments, term deposits, wealth management, retail, ATM/POS switch interfaces for debit cards, and credit bureau interfaces. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

SIT can be reached at (www.stratinfotech.com) or by phone at 905-640-0808.

Portfolio Plus, Plug-In Banking, Open Banking Interface, 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.

Forward-Looking Statements

Forward-looking statements in this document are based on current expectations that are subject to risks and uncertainties. Actual results might differ materially due to various factors such as the competitive nature of the software industry, the ability of SIT to continue to execute its growth and development strategy, and the reliance of SIT on key personnel. SIT assumes no obligation to update forward-looking statements, or to update the reasons why actual results could differ from those that are projected.

SIT can be reached at (www.stratinfotech.com) or by phone at 905-640-0808.

For more information:
Adam Long
Strategic Information Technology
Telephone: 905-640-0808 x452
Email: adaml@stratinfotech.com


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This page was created or refreshed on October 15, 2018 @ 12:07:20
by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
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