| Credit Risk Management (CRM Canada) Interface

Portfolio+ Inc. Announces Electronic Interface for Credit Risk Management Canada Credit Reporting System

Toronto, ON, Canada – August 18, 2010: Portfolio+ Inc. is pleased to announce the release of an electronic interface to Credit Risk Management Canada's sophisticated credit risk facility, with unique capabilities that significantly reduce risks in the underwriting of agricultural loans.

"Credit Risk Management Canada has the most comprehensive commercial credit reporting system that we’ve seen in the industry," says G. Robert Leeming, President of Portfolio+ Inc., "and we look forward to further developing our relationship with them on a technical and marketing basis."

The interface to Credit Risk Management Canada is available with Portfolio Plus 2009 and above.

"Credit Risk Management provides a wide range of innovative risk management solutions including in-depth commercial credit investigations and due diligence research on more than 800,000 companies across Canada and we're glad to be working with Portfolio+ to help them enhance the capabilities of their Portfolio Plus banking software," says Tracey Ivanyshyn, President of Credit Risk Management Canada.

Portfolio Plus banking software platform enables banks, trust companies, credit unions, and other financial organizations to implement their own flavour of banking to capture the best possible market advantage.

About Credit Risk Management Canada

Credit Risk Management Canada is a unique provider of end-to-end solutions for credit grantors across Canada. Throughout the credit relationship, Credit Risk Management Canada can uncover, analyze and minimize the risks associated with granting credit of any kind, from approvals through to arrears.

In business for over 40 years, Credit Risk Management Canada offers due diligence strategies for personal and commercial credit file information, searches on Personal Property Security Act (PPSA), Real Property, Corporate, Bankruptcy, banking and supplier references, and more.

Credit Risk Management Canada also provides comprehensive early phase accounts receivable and debt recovery solutions.

For more information Contact:

Ms. Corrie Bouw, VP Operations
1-800-267-0490 ext. 272
cbouw@crmcanada.com

About Portfolio+ Inc.

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.

 

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