RouteOne Canada Partners with BMO Bank of Montreal


TORONTO, Nov. 9, 2010 -- RouteOne Canada announced today that leading financial services provider BMO Bank of Montreal will integrate with RouteOne Canada's online credit application management system. BMO Bank of Montreal is an operating group of BMO Financial Group which provides a broad range of retail banking, wealth management and investment banking products and solutions to more than 10 million personal, commercial, corporate and institutional customers in North America and internationally.

"RouteOne Canada is extremely pleased to have BMO Bank of Montreal, one of the premiere lenders in Canada, join the RouteOne platform," said Barry McMillan, President, RouteOne Canada. "The addition of BMO allows us to greatly expand our service offering to our mutual dealer customers."

RouteOne Canada's market leading credit application management system enables automotive dealers to access their finance sources, exchange credit application and decision information, and print their documents online, all within a single portal.

"The availability of BMO on the RouteOne Canada platform allows us to further serve our dealers with our full suite of automotive lending products and flexible financing options," said Bob Sinclair, Vice President, Retail Dealer Finance, BMO Bank of Montreal.

ABOUT ROUTEONE

RouteOne was formed in 2002 by Ally Financial, Chrysler Financial, Ford Motor Credit Company, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.

ABOUT BMO

Established in 1817 as Bank of Montreal, BMO Financial Group (TSX, NYSE: BMO) is a highly diversified financial services organization. With total assets of $388 billion as of October 31, 2009, and more than 36,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions. We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®, one of Canada's leading wealth management firms, and BMO Capital Markets(TM), our North American investment and corporate banking division. In the United States, clients are served through Harris, a major U.S. Midwest financial services organization with a network of community banks in the Chicago area and wealth management offices across the United States, as well as BMO Capital Markets(TM), our North American investment and corporate banking division.

We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise. BMO Financial Group is made up of three operating groups: Personal and Commercial Banking (P&C), Private Client Group (PCG), and BMO Capital Markets. For more information please visit www.bmo.com.

SOURCE RouteOne Canada

CONTACT:
Michael Gaertner,
RouteOne Canada,
+1-905-530-2349

Web Site: www.routeone.com

All Topics