Term Deposits & GICs
Win Deposits Faster. Scale GIC Growth Without Operational Friction.
Accelerate Your Deposit Growth
Turn Deposits Into a Competitive Growth Engine
Offer term deposits and GICs with a composable core banking solution trusted by Canada’s financial institutions.
Launch and Scale GIC Programs—Without Complexity
Built for Broker Networks, Investor Distribution, and Nationwide Growth. Scale deposits fast by delivering flexible, investor-ready Guaranteed Investment Certificates (GICs) across Canada.
Stop relying on fragmented systems and manual processes that slow execution. With Portfolio+, you can:
- Go to market faster with configurable GIC products
- Distribute across channels (broker, advisor, digital) from one platform
- Eliminate manual workflows that create risk and bottlenecks
- Ensure compliance by design with built-in controls and monitoring
RESULT: Faster execution, lower operational risk, and measurable deposit growth.
Scale Deposit Growth Without Scaling Complexity
Build a Smarter, More Responsive Deposit Operation
Built for Canadian banks, credit unions, and trust companies, our Term Deposits & GICs solution integrates seamlessly with existing systems and other Portfolio+ core banking components.
Automate Deposit Operations
Automate sales, postings, and administration to eliminate manual effort and speed time to market. With configurable renewals, maturity reminders, and rollovers, your institution can reduce errors, retain business, and manage deposits efficiently at scale.
Offer GICs for Every Canadian
Provide market-linked, index-linked, cashable, and traditional short-term and long-term GICs to meet the diverse goals of growth-focused and risk-averse Canadian investors—rollovers, splits, and transfers included.
Expand Market Reach
Seamlessly connect with Canada’s broker networks to distribute nominee-name deposits and GICs across the country, reduce administrative overhead, streamline KYC processing, and efficiently manage broker incentives, rates, and commissions.
Launch API-Driven Deposit Experiences
Launch client-name GICs or create digital self-serve term deposits, with automated notifications, confirmations, and real-time updates. With an API-first architecture, you’re ready for open banking and new experiences.
4 of the 6 largest financial institutions in Canada trust Portfolio+ to power their deposit and GIC growth.*
Craft GICs that Are Right for You
Create pre-configured or fully flexible term deposits and GICs directly in the system. Set interest rates, terms, confirmations, redemptions, and automate rollovers, re-registrations, and interest payments to retain client business.
- Market-linked, index-linked, cashable, and traditional GICs
- Variable, fixed, stepped, and adjustable-rate options
- Configurable rollovers, splits, and transfers
- Supports both short- and long-term client investment horizon
Streamline Deposit Sales & GIC Processing
Automate deposit workflows from sales and posting to maturity tracking. Built-in notifications, reminders, and digital certificates handle confirmations, re-registrations, and interest payments, reducing manual effort and operational risk.
- Automated sales, posting, and administration via CANNEX GIC Exchange
- Configurable renewal and early renewal options
- Automated maturity reminders reduce errors
- Digital certificates and confirmation letters enhance client communication
Leverage a Direct Interface to the CANNEX GIC Exchange
Distribute nominee-name deposits seamlessly through Canada’s broker networks using the CANNEX GIC Exchange, while managing rates, tiered incentives, and commission settlements efficiently.
- Seamless nominee-name deposit distribution through Canada’s broker networks
- Multi-channel distribution via brokers and APIs
- Broker rate management, tiered incentives, and commission settlement options
- Reduces administrative overhead and accelerates deposit growth
Manage Compliance & Risk with Key Tools & Reports
Ensure regulatory alignment and reduce operational risk with built-in tools that track deposit insurance eligibility, enforce AML/KYC requirements for client-name deposits, and support FATCA/CRS reporting.
- CDIC and provincial deposit insurance tracking for client-name and nominee-name accounts
- PCMLTFA compliance tools enforce AML, PEP, and KYC requirements
- FATCA and CRS support for international compliance
- Audit-ready reporting ensures transparency and regulatory alignment
*Based on TSX market capitalization figures retrieved October 2025.
Scale Deposits Faster—Without Scaling Operations
Fairstone Bank of Canada increased its term deposits from $120M to over $2B in less than three years by transforming its deposit infrastructure with Portfolio+
- 6× broker network expansion
- Automated processing at scale
- Seamless nationwide operations
Don’t Let Manual Processes Limit Your Deposit Growth
Every delay in product launch or rate response costs you deposits.
See how Portfolio+ helps you move faster—with control, compliance, and confidence.
Term Deposits Resources
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