Toronto, ON, Canada – December 3, 2012. Portfolio+ Inc is pleased to announce that Central 1 has been certified by Human Resources and Skills Development Canada (HRSDC) to manage Registered Disability Savings Plans (RDSPs) and Registered Education Savings Plans (RESPs).
"Portfolio+ Inc. worked with us throughout the implementation and certification process to ensure that we were ready," said Bob Perfonic, Director, Financial Services for Central 1, "and we look forward to continuing to work with them to improve our offerings to credit unions."
"The Registered Disability Savings Plan and the Registered Education Savings Plan are two great vehicles for Canadians to help enhance the future of their children's lives," said G. Robert Leeming, President of Portfolio+ Inc. "We’re very pleased to see Central 1 take a leadership role for both of these savings plans."
Portfolio+ Inc. was the first software vendor in Canada to offer software to administrate RDSPs.
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.
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.