Stouffville, ON, Canada – June 27, 2011: Portfolio+ Inc. has hired 37 employees in the last twelve months to meet demand for its banking software.
"Our growth is being driven by financial institutions who are discovering the power of Portfolio Plus and by a healthy Canadian banking industry overall," said G. Robert Leeming. "Banks, trust companies, and credit unions are often surprised to find out that Portfolio Plus can administrate a half billion dollars of deposits with as few as two administrators. That’s the kind of efficiency our products bring to banking."
G. Robert Leeming continued, "Our decision to move to Stouffville over fifteen years ago has paid off. We believed we could attract employees with banking expertise who would otherwise be commuting downtown. Our strategy worked. These employees have enabled us to be the success we are today."
Portfolio+ is used by five of the six largest Canadian financial institutions. The 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. Portfolio Plus, with its Plug-In BankingTM architecture, enables financial organizations to add functionality as they require it, allowing for maximum strategic flexibility.
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.