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Strategic Information Technology
Canada
1988 (37 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Strategic Information Technology
Company Information
Get to know Strategic Information Technology
The Strategic Information Technology ("SIT") mission statement isn't the usual collection of run-on sentences that attempt to be everything to everyone. Using their banking software, their clients, such as RBC, CIBC, and Scotiabank have managed millions of accounts. And not just banks. Their software is used by credit unions, automotive lenders, mortgage companies, trust companies, and more. It's even used for government lending programs. If you're looking for software to help you lend, collect, or manage money, you're in the right place. They love innovation and innovators. They love that one of the world's largest eyecare companies, Specsavers, created a visionary way to manage the finances in their 1,649 stores located around the world using Portfolio Plus banking software. They continue to impress us.
Industry
- Financial BankingPRIMARY
- Technology Software Development
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