Tag: Term Deposits

Term Deposit Re-Registration Automation: What Great Deposit Ops Looks Like in 2026 Today, term deposits (GICs) aren’t just a product, they’re a deposit strategy. And re-registration is where that strategy either holds… or quietly collapses under operational drag. This article skips the basics and focuses on what deposit leaders actually care about now: What does “good” look like after implementation?Read more

Capturing Deposits Beyond Your Member Base with CANNEX How Canadian financial institutions expand funding without adding complexity. In today’s Canadian banking environment, deposit growth is no longer confined to your member base. Market transparency, competitive pressure, and funding strategy demands mean that financial institutions of all sizes are exploring non-member deposits as a reliable source of funding. For many, CANNEXRead more

Empowering Canadian Financial Institutions with Automated Term Deposit Processing Technology TORONTO, March 11, 2025 /CNW/ – Portfolio+, a leader in Canadian banking technology, today announced that Habib Canadian Bank has selected the company’s automated term deposit solution to launch nominee-name guaranteed investment certificates (GICs) through a network of deposit brokers, reaching Canadians nationwide. The technology will streamline deposit sales and processing, help meet

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In this podcast episode, we discuss what is possible in the term deposit space. This episode features Kim Muise, the Vice President of Business Development at CANNEX. CANNEX Financial Exchanges facilitates the efficient and accurate exchange of pricing and analytics for annuity and bank products between financial institutions in Canada. The main focus of this insightful podcast is to discussRead more