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SIT Announces Portfolio Plus InfoCloak Availability for Beta Testing

Stouffville, Canada, 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.

"Privacy is of increased concern to all customers and this product release confirms our move towards increased privacy options within Portfolio Plus," says G. Robert Leeming, President of SIT.

In addition to data scrambling, Portfolio Plus InfoCloak has a customer segmentation feature that allows a range of customers, along with all their associated transactions, to be extracted from a production database to accommodate testing on a smaller set of data. This will be of particular interest to customers with very large databases and will increase productivity by reducing the amount of time required for testing.

Portfolio Plus enables banks, trust companies, virtual banks, credit unions, and other financial organizations to implement their own flavour of banking to capture the best possible market advantage. Portfolio Plus, with its Plug-In BankingTM architecture, enables financial organizations to add functionality as they require it, making it one of the most versatile solutions in the market.

SIT customers should contact their account representative for more information.

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 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, leasing, and credit bureau interfaces. 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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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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