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Effort Trust Chooses Portfolio Plus

Effort Trust Chooses Portfolio Plus

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.

"We chose SIT’s Portfolio Plus banking software platform after considerable research into the vendors in the Canadian banking software market," said Eric Weisz, Managing Director of Effort Trust in Toronto. "We discovered that SIT’s strengths, like its ability to support all areas of banking, will support the type of business growth and customer satisfaction we want to achieve." SIT’s Portfolio Plus banking software platform enables trust companies and other financial institutions to implement their own flavour of banking to capture a market advantage and then grow that advantage over time, with new products and services as needed.

"Effort Trust has built a strong business over the last 32 years and we’re excited to be a part of their future growth plans," said G. Robert Leeming, President of SIT. "With the right teamwork and planning, I know we can help Effort Trust realize their strategic goals for both growth and customer satisfaction."

About Effort Trust

Founded in 1978, Effort Trust is a financial intermediary that focuses on matching retail deposits with residential and commercial mortgages. Effort Trust also provides a full range of real estate property services including property management, leasing and real estate sales.

Effort Trust serves a wide range of clientele from the small investor seeking the best rate of return on a term deposit to a large corporation refinancing a multi-million dollar commercial property.

Investment products and services include: Guaranteed Investment Certificates, Short Term Deposits, Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Self-Directed RRSPs and RRIFs, Daily Interest Chequing/Savings Accounts, Agency Services and Financial Planning.

Mortgage services include a full range of residential, multi-family and commercial mortgage financing packages, for both new and existing properties, including permanent, as well as interim and take out project financing for builders and developers. First conventional mortgage loans, for amounts up to 75% of the property value are available along with high ratio mortgage loans, including CMHC mortgage loans, for amounts up to 95% of the property value. Effort Trust also provides custom financing packages to meet individual mortgage needs.

Contact information for Effort Trust:

Hamilton Office: 905-528-8956

Toronto Office: 416-924-4680

Website: http://www.efforttrust.com

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:
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 November 10, 2017 @ 13:55:47
by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
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