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CFF BANK Adopts Portfolio Plus as its Core Platform

February 3, 2014 – Toronto, ON: SIT is pleased to announce that CFF Bank, launched by Canadian First Financial Group Inc. ("Canadian First") on January 13, 2014, has adopted Portfolio Plus as its core banking software platform to enable the delivery of a one-stop shopping experience for Canadian financial services consumers.

"We’re pleased that CFF Bank chose Portfolio Plus to embark on a mission to change the way Canadians think about banking," said G. Robert Leeming, president of SIT. "We’ve worked with them over the past few years as they prepared for their market approach, and we’re proud to be a partner for their launch."

"We believe SIT offers a strategic solution for our needs today and into the future," said Peter Vukanovich, president and CEO of Canadian First. "And we’re confident they can help us provide the innovative financial products and services Canadians are demanding."

Portfolio Plus enables banks, trust companies, virtual banks, credit unions, and other financial organizations to implement their own unique financial products to capture the best possible market advantage.

About CFF Bank

CFF Bank is a 100% Canadian-owned Schedule I bank and a member of the Canada Deposit Insurance Corporation (CDIC). Building on its strengths in mortgages, CFF Bank is developing a full suite of personal banking products, delivering superb service and solutions through top financial professionals in local communities.

For more information about CFF Bank’s products and services, please visit its website at http://www.cffbank.ca.

About Strategic Information Technology Limited

SIT, formed in 1988, develops and markets Portfolio Plus, which is used by financial companies in Canada, the UK, Ireland, and the Caribbean. SIT's banking software enables credit unions, banks, trust companies, and credit companies to offer web banking, mortgages, loans, credit, investments, term deposits, wealth management, retail, ATM/POS switch interfaces, floor plan management, and more. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

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

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


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by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
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