Toronto, ON, Canada – February 12, 2014: Portfolio+ Inc. is pleased to announce that Export Import Bank of Trinidad and Tobago Limited ("EXIMBANK") has signed an agreement to license Portfolio Plus to address the demand for loans and accounting management.
"We're very excited to be a part of EXIMBANK's strategy of encouraging international trade out of the Trinidad and Tobago region," said G. Robert Leeming, President of Portfolio+ Inc. "We look forward to helping them succeed and are investing the necessary resources to see that they’re off to a great start."
Portfolio+ Inc., based out of Canada, has been selling systems in the Caribbean since 2004 and has an international track record that supports its ongoing success.
Portfolio Plus enables credit organizations, banks, trust companies, credit unions, and other companies to implement their own flavour of financial applications to gain market advantage.
EXIMBANK is a profitable state-owned financial institution working with local and regional financial institutions to pursue a strategy of promoting the export sector in Trinidad and Tobago.
EXIMBANK's operations are funded principally by its own financial resources accumulated from profitable trading operations over the years and by various lines of credit provided by major financial institutions. Institutional support is also provided by a guarantee from the Government of Trinidad and Tobago under the Guarantee of Loans (Companies) Act.
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.