Jurismedia`s first interest calculation product dates back to 1992 and was first used in the legal community. Because of the legal profession`s very peculiar needs, the software 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.
Jurismedia has its head office in Montreal, Canada and an office in Newark, Delaware.
The company also offers consultation services for customized solutions.
Its founder and CEO, Mark Gelinas, attorney and MBA, wrote the much acclaimed White Paper on Interest Calculation, a 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.