Toronto, ON, Canada â€“ April 23, 2013: Portfolio+ Inc. is pleased to announce that Community Trust has chosen Portfolio Plus Forecaster to help quickly identify and manage mismatches in loan and deposit funding.
â€śPortfolio Plus Forecaster will save us at least two days a month in analysis while also allowing us to perform more frequent mismatch analysis,â€ť says Jeff McDonald, Chief Operating Officer of Community Trust. â€śThis helps minimize risk and increase financial performance, which benefits all of our customers.â€ť
â€śIt was a pleasure working with Community Trust while they evaluated and proved the benefits of Portfolio Plus Forecaster,â€ť said G. Robert Leeming. â€śOur next step is to enhance Portfolio Plus Forecaster to simulate potential financial scenarios.â€ť
Since it opened its doors in 1975, Community Trust has been proud to operate as a flexible alternative to larger, traditional, financial institutions, providing customers with an opportunity for growth and success. Community Trust offers a wide range of financial products and trust services, and the Community Trust team prides itself in providing the right products to suit customers' unique needs.
Community Trust Company is a privately held Canadian financial institution, and is regulated through the Office of the Superintendent of Financial Institutions (OSFI).
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.