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Banking Software News:

PACE Credit Union Completes Conversion of North York Credit Union System to Portfolio Plus

Toronto, Canada – September 29, 2007: Strategic Information Technology Limited ("SIT") is pleased to announce that PACE Credit Union, located in Vaughan, Ontario, Canada, completed the computer system integration of North York Credit Union.

“This is the fifth major conversion that SIT has helped us with,” said Phillip Smith, Manager of Banking and Information Systems. “We had a very demanding schedule and SIT worked with us after hours and on weekends to complete the conversion from the Ovation system to Portfolio Plus. Our partnership with SIT has once again proven to be a great asset.”

SIT’s flagship product, Portfolio Plus, with its Plug-In BankingTM architecture, offers a complete credit union solution that allows for flexibility in growth and functionality.

"We want to congratulate PACE Credit Union on their recent merger and believe our partnership will continue to grow stronger over the years,” said G. Robert Leeming, President of SIT. “It takes more than technology and a business plan to be successful. You need strong partner relationships to sustain success in the long term. We have that kind of partnership with PACE Credit Union.”

Today, Portfolio Plus is being used by banks, virtual banks, credit unions, trust companies, loan companies, insurance companies, and government agencies.

About PACE Credit Union

Established in 1938, PACE Savings &: Credit Union Ltd. is a leading financial institution and one of Ontario's largest credit unions with over $290 million in assets and close to 22,000 members. Offering a full range of financial products, aggressive power rates and a dedication to personalized service, PACE provides a superior banking experience to individuals, businesses and non-profit organizations in the communities it serves.

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

 

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This page was created or refreshed on July 04, 2017 @ 08:31:37
by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
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