Stouffville, Canada, January 11, 2010: Portfolio+ Inc. is pleased to announce the availability of Portfolio Plus InfoCloak for beta testing. InfoCloak is a module of Portfolio Plus that facilitates data testing while enabling increased privacy using a unique banking data scrambling algorithm.
"Privacy is of increased concern to all customers and this product release confirms our move towards increased privacy options within Portfolio Plus," says G. Robert Leeming, President of Portfolio+ Inc.
In addition to data scrambling, Portfolio Plus InfoCloak has a customer segmentation feature that allows a range of customers, along with all their associated transactions, to be extracted from a production database to accommodate testing on a smaller set of data. This will be of particular interest to customers with very large databases and will increase productivity by reducing the amount of time required for testing.
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. customers should contact their account representative for more information.
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.