Toronto, Canada – October 14, 2008: Portfolio+ Inc. is pleased to announce that E-Services Credit Union, located in Dublin, Ireland has chosen to adopt Portfolio Plus for its new strategic credit union banking system.
“We have a strong mandate for growth during the upcoming year,” said Fergus Casey, Manager at E-Services Credit Union. “We will use the flexibility and power of Portfolio Plus to attract more members, drive efficiencies, deliver more member focused services, and enhance our membership dividends.”
“We continue to be impressed by the desire of Irish credit unions to use innovative service offerings to drive growth,” said G. Robert Leeming, President of Portfolio+ Inc. “The E-Services mandate to increase growth, combined with our unique partnership approach, will help meet those objectives.”
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.
E-Services & Communications Credit Union Ltd. has been delivering financial services to the communications industry for over forty years and has over 15,000 members and over one hundred and eighty million Euros in assets. The most important feature of the credit union is that it is owned and run for the benefit of the members. As a not for profit organization, all surplus earned from activities of the credit union are returned to the members by way of dividend payment once a year. The primary function of the credit union is to provide financial services to members at reasonable rates of interest for savers and borrowers.
Portfolio+ Inc. connects financial institutions with customers and partners using innovative technologies. Its software solutions and open banking technology are used by financial institutions in Canada, Ireland, and the UK. With its powerful +Open Banking Platform and fully documented APIs, Portfolio+ has the power to connect banks, credit unions, and financial institutions with an evolving ecosystem of financial services technology that is putting everyday customers in control of their financial data.
Located in the Greater Toronto Area (GTA), Portfolio+ is used by 6 of the 7 largest financial institutions in Canada and is a part of Volaris Group Inc.