Portfolio+

Empowering Financial Institutions to Meet the Growing Demand for Reverse Mortgages Portfolio+ Inc. (Portfolio+), a Canadian provider of financial services systems and technologies, announced today the release of its Portfolio+ reverse mortgage product—an innovative addition to its comprehensive suite of lending solutions. Portfolio+ recognizes the notable growth of reverse mortgages over the past decade supported by an increasing number of

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What Is Banking Software? Banking software encompasses a broad spectrum of digital solutions designed to facilitate and streamline the operations of institutions such as banks, credit unions, and other financial entities. Banking software systems enable the seamless execution of transactions, management of accounts, processing of loans, and a plethora of other financial services. The software encompasses a range of applicationsRead more

US Term Deposits offer strategic advantages for financial institutions and brokerages, as well as their clients. By focusing on product diversification, currency risk management, customized investment solutions, and the pivotal role of CDIC insurance, this article sets the stage for a comprehensive exploration of nominee-based and client-named US dollar guaranteed investment certificates (GICs). It emphasizes the importance of these depositsRead more

Organizations must continually evolve and adapt to thrive in today’s ever-changing business and technical landscape. The team at Portfolio+ understands this well and is embracing new ways of working. Portfolio+ is pleased to share that it has embarked on a transformative journey to enhance its capabilities in product design and exceptional customer support. This voyage involves a strategic move to

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Portfolio+ Inc (Portfolio+), a Canadian provider of financial services systems and technologies, announced today the release of Data Management Delete, a new data compliance feature that empowers banks and financial institutions to delete closed accounts and client information files securely and efficiently from the Portfolio+ platform. Designed to provide unparalleled convenience, the Data Management Delete feature ensures that financial institutions

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What Is a Core Banking System?  When it comes to managing, prioritizing, and adopting new banking technologies, there’s an awful lot to consider lately. From endlessly evolving digital transformation strategies that may include complex cloud migration initiatives and API-based integrations, banks, credit unions, and other financial institutions are tirelessly confronting a rapidly changing financial services landscape. While exploring new opportunities

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If you’ve ever wandered the warm, misty streets of Vancouver in the spring, driven the flat endless plains of the Canadian Prairies, or even grew up in small town Ontario, there’s a very good chance that you’ve seen a credit union here and there. Throughout Canada, both small and large independent credit unions are a staple of the communities they

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What Is a Reverse Mortgage? Exclusively designed for seniors or individuals aged 55 years and older who either already own their home or are close to paying off their mortgage, a reverse mortgage is a loan that allows homeowners to borrow money against the equity in their homes. In contrast to a conventional mortgage, a reverse mortgage does not require

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  In early 2022, Portfolio+’s CEO, Dianne Cupples, signed the CEO Pledge which is a call to action from Microsoft and Computers for Success Canada (CFSC). The program encourages Canadian CEOs to help bridge the digital divides for underserved communities by committing their organization’s used devices to the Government of Canada’s Computers for Schools Plus (CFS+) program. Since 1993, the

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What Are the 5 Best GIC Software Features for Banks and Financial Institutions? Banks and financial institutions know that the right GIC software is one of the most critical components of a core banking system. It not only provides a trusted foundation for creating and offering a diverse range of deposit products that appeal to a wide range of investors,

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