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DirectCash Management, Inc. Invests in Portfolio Plus Banking System - Strategic Information Technology Ltd (SIT) is pleased to announce that DirectCash Management, Inc. (DirectCash) has chosen the Portfolio Plus banking platform to facilitate and expand its existing transaction processing capabilities
DirectCash Management, Inc. Invests in Portfolio Plus Banking System

 

NewswireToday - /newswire/ - Toronto, Ontario, Canada, 2007/12/12 - Strategic Information Technology Ltd (SIT) is pleased to announce that DirectCash Management, Inc. (DirectCash) has chosen the Portfolio Plus banking platform to facilitate and expand its existing transaction processing capabilities.

   
 
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“We’re going to leverage our market position as Canada’s largest ATM provider to deliver additional financial services to our customers,” says Susan Gallacher, VP of DirectCash Management Inc. “We needed a banking system that can accommodate our future strategy and chose Portfolio Plus to help us execute that strategy.”

Portfolio Plus offers a Plug-In BankingTM platform that is affordably priced and scalable for large or small deployments. Installations of Portfolio Plus can include modules for web banking, loans, mortgages, term deposits, investments, accounting, retail banking, CANNEX, FundSERV, ATM/POS switch interfaces, and more.

“DirectCash has been very successful and a strong market position. We are looking forward to helping them continue to deliver innovative products and services,” said G. Robert Leeming, President of SIT.

About DirectCash
DirectCash is the largest branded ATM provider in Canada operating over 5,300 ATMs coast to coast and is one of Canada’s leading providers of point of sale terminals and prepaid debit and credit card programs.

About Strategic Information Technology Ltd
SIT (stratinfotech.com), formed in 1988, develops and markets Portfolio Plus, an extensible banking system that enables customers to plug-in new functionality as required. This is accomplished via SIT's unique Plug-In Banking™ architecture and a Financial Services Bus™ that extends Portfolio Plus functionality to other corporate applications. SIT's banking software enables banks and non-banks to offer web banking, loans, loan securitization, investments, term deposits, wealth management, retail, ATM/POS switch interfaces for debit/credit or loyalty products, leasing, Equifax and Trans Union credit bureau interfaces, registered investment products, and much more. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

Portfolio Plus, Plug-In Banking and Financial Services Bus are trademarks or registered trademarks of SIT in the U.S., Canada and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.

 
 
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DirectCash Management, Inc. Invests in Portfolio Plus Banking System

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Publisher Contact: Patrick Lannigan - StratInfoTech.com 
905-640-0808 patrickl[.]stratinfotech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Strategic Information Technology securities in any jurisdiction including any other companies listed or named in this release.

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