Strategic Information Technology Ltd

SIT is a major player in the Financial Software solutions arena. They have provided solutions for banks such as RBC, TD, CIBC, to name a few.  

They provide an entire suite of programs for financial institutions such as banks, trust & mortgage companies, credit unions and a host of other financial institutions.

Their suite includes:

Retail Banking | Available stand alone or fully integrated to all Portfolio Plus components, the Retail Delivery Module enables you to provide chequing and saving accounts, lines of credit, and fee schedules, just to name a few features.

Loans/Mortgages | The Loans & Mortgages module is a comprehensive, online, real time system addressing a wide variety of lending requirements for small and large institutions alike. Virtually all types of loans can be administered. In addition, this module includes loan processes such as origination, applications, credit bureau queries and third party servicing.

Term Deposits & GICs | This module enables you to provide term deposit products such as short term, long term, index-linked, and stepped-rate term deposits. All valuations are available in real-time.

Integrated Accounting | This module is specifically designed to interface seamlessly with the other components of the Portfolio Plus system. This is achieved through automatic journal entries produced by each subsystem (in real time) via a unique user-controlled interface.

Investments | Provides the ability to administer all types of investments, including (but not limited to) mutual funds, stocks, bonds, savings accounts, and government regulated plans.

Portcullis Web Banking & Agent/web | SIT's Portcullis Web Banking product is tightly integrated with Portfolio Plus and leverages the business logic within Portfolio Plus. Portcullis supports advanced web banking features including account access, bill payments, stop payments, history, online loan applications, and more. Agent/web enables you to provide your agents/brokers with the tools they need to help them capture more clients.

Universal Gateway | Our Universal Gateway provides secure access for devices and computer interfaces such as ATM interfaces, Java Messaging, IVR, Office Link, web banking, Service Oriented Architecture (SOA), and more. A proven card management system allowing for real time authorization on card transactions is your competitive advantage in today's marketplace.

Office Link | Office Link functionality allows you to customize your banking correspondence. Using advanced MS-Word skills you can create customized correspondence and include logos, graphics, fonts and colours in support of your branding efforts.

Prospector | Prospector provides you with easy access to your data and the creation of user defined reports. Prospector has been used for both data mining and business intelligence analysis.