Toronto, Canada – April 25, 2008: Portfolio+ Inc., a banking software company, is pleased to announce that it has grown to over 100 employees and credits its Stouffville location for part of its success.
“There are a number of reasons for our continued success,” says G. Robert Leeming, President of Portfolio+ Inc. “For starters - our banking software continues to prove itself more flexible and scalable than our competition. Secondly, most of our employees have at least five years experience in a banking or financial institution. And lastly, we enjoy lower operational costs by being located in Stouffville. Many of our employees also benefit from our Stouffville location. They often have reduced commutes and travel costs which translate into a better quality of life.”
Portfolio+ Inc. moved from Markham to Whitchurch Stouffville in 1994 to escape the congestion of Markham and to take advantage of the beautiful surroundings, the required amenities and room for expansion.
“Whitchurch-Stouffville is an ideal location for a technology company,” says Wayne Emmerson, Mayor of the Town of Whitchurch-Stouffville. “Businesses that choose to locate in Whitchurch-Stouffville get to enjoy the benefits of a small town atmosphere and the advantages of being close to the strong business areas of Markham and Toronto. We are confident that technology companies will find Whitchurch-Stouffville attractive.”
Whitchurch Stouffville is a rapidly growing town that promotes a “Country Close to the City” environment, making it an ideal location for companies and residents alike. In 2007 and 2006 close to 2,000 dwellings were constructed with a total construction value of over $400,000. By 2021 it is expect that Whitchurch-Stouffville will have over 50,000 residents.
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.