Margill
A FinTech company
A FinTech company
About the Founder
Marc Gelinas is founder and CEO, Attorney and MBA(McGill), wrote the much acclaimed White Paper on Interest Calculation (published in “Real Estate law & Industry Report”) hands-on paper whose purpose is to have market participants understand that interest calculation is not simply keying in variables, but implies many other fundamental elements, many of which have been forgotten over time.
About the Company
Jurismedia‘s first interest-calculation product, created in 1992, was first used in the legal community, hence the company’s name. Because of the legal profession’s specialized needs, the software has evolved over the years into an extremely flexible tool called Margill, whose computations include regular and irregular loans, mortgages, leases, lines of credit, investments, present value, pre- and post-judgment interest, etc.
Margill has evolved to serve a wide variety of industries and clients in 41 countries. These industries include:
With its team of seasoned programmers and experts in interest calculation, Jurismedia works very closely with clients to constantly improve its products. Service is also one of the key benefits of working with us. If you need help, you can count on our team!
History
1992
As an attorney in the early 1990s, Marc Gelinas notes that the hand calculator and basic spreadsheets are the tools of choice for the legal profession when it comes to interest calculation. Errors are rampant and interest is often simply ignored! So, Mr. Gelinas commissions programmers to develop interest-calculation software that will be powerful enough to meet the particular needs of the law profession. He knows it must be efficient and user-friendly for lawyers who may not be computer savvy. Jurismedia’s first software, LogiCalc, is created for DOS.
1998
LogiCalc becomes Margill and is now Windows based. It now offers even more powerful calculation tools.
2003
Justice Canada starts using Margill.
2007
Margill now offers and monitors more than 150 interest tables (legal rates, central bank rates, bank rates, etc.) and indexation tables (consumer price indices, stock market indices) for use in its software.
Margill Loan Manager, a powerful finance software for loan servicing. is launched.
The US Health & Human Services starts using Margill Law Edition to collect debts due to the US government.
2008
Margill Standard Edition 3.0 and the new Margill Law Edition are launched to provide further calculation options for law-related finance.
Margill products are now sold in more than 20 countries.
2010
Margill Loan Manager 2.0 to 2.2 is released.
Over 700 law firms around the world is now using Margill Law Edition.
2011
The US Securities Exchange Commission starts using Margill Law Edition.
2013
Margill Loan Manager 3.0 and 3.1 are released.
Margill products are now sold in over 30 countries.
2015
Margill Loan Manager 4.0 and 4.1 are released.
Toyota Industries North America (TINA) is now a user of Margill Loan Manager.
2016
Margill Standard and Law Editions are revamped with a new user interface and even more features with version 4.0.
Margill Loan Manager 4.2 is released and includes a host of features to vastly expand user options.
The Federation of Canadian Municipalities starts using Margill Loan Manager.
2017
Margill Loan Manager 4.3 Margill Law Edition and Standard Edition 4.1 are released.
2018
Margill Loan Manager 4.4 and Margill Law Edition and Standard Edition 4.2 are released.
2019
Margill Loan Manager 5.0 and Margill Law Edition and Standard Edition 4.3 are released.
Margill Loan Manager Software as a Service (SAAS) on the cloud available as well as the Web portal for Borrowers and Creditors.
2021
Margill Loan Manager version 5.3 released with automated reports…
2022
Margill Loan Manager version 5.4 released along with SMS communication, data exchange APIs…
2023
Release of Margill Loan Manager version 5.5.
Margill is now used in 45 countries. Compliance with privacy laws.2024
Release of Margill Loan Manager version 5.6.
Release of a Web application for loan origination (approval/refusal of web applictions).
Over 1800 satisfied customers
More than 5250 installations
Established in 45 Countries