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Contribution: Industrial Research Assistance Program – Contributions to Firms

TAO SOLUTIONS INC.

$50,000.00

Business Data Analytics Integration to Hub Suite

FY 2019-20 · 2020-01-02

Summary
This project will integrate Business Data Analytics technology to both MortgageHub, a fully integrated mortgage loan funding, securitization and whole loan portfolio management system built for the Canadian mortgage industry, and SecureHub, a sophisticated pooling, surveillance, settlement processing and trust accounting platform for asset backed securities administration performed by global entities. Application of powerful analytics tools to these produces will increase the ability of existing clients to improve their operational efficiencies, risk management and transparency reporting capabilities, as well as improving global product marketability by keeping the product ahead of competitors.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
814521027
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2020-04-30
Agreement Number
939115
Agreement Start Date
2020-01-02
Agreement Title
Business Data Analytics Integration to Hub Suite
Agreement Title (French)
Intégration de l'analyse de données d'entreprise à Hub Suite
Agreement Type
Contribution
Agreement Value
$50,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This project will integrate Business Data Analytics technology to both MortgageHub, a fully integrated mortgage loan funding, securitization and whole loan portfolio management system built for the Canadian mortgage industry, and SecureHub, a sophisticated pooling, surveillance, settlement processing and trust accounting platform for asset backed securities administration performed by global entities. Application of powerful analytics tools to these produces will increase the ability of existing clients to improve their operational efficiencies, risk management and transparency reporting capabilities, as well as improving global product marketability by keeping the product ahead of competitors.
Description (French)
Ce projet intégrera la technologie d'analyse de données commerciales à MortgageHub, un système entièrement intégré de financement de prêts hypothécaires, de titrisation et de gestion de portefeuille de prêts hypothécaires conçu pour le secteur hypothécaire canadien, et à SecureHub, une plateforme sophistiquée de mise en commun, de surveillance, de traitement des règlements et de comptabilité fiduciaire pour l'administration des titres garantis par des actifs réalisée par des entités mondiales. L'application d'outils d'analyse puissants à ces produits augmentera la capacité des clients existants à améliorer leur efficacité opérationnelle, leur gestion des risques et leurs capacités de prodcution de rapports en matière de transparence, ainsi qu'à améliorer la commercialisation du produit à l'échelle mondiale en le maintenant en avance sur ses concurrents.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Toronto Centre
Federal Riding (French)
Toronto-Centre
Federal Riding Number
35108
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
814521027
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
TAO SOLUTIONS INC.
Recipient Postal Code
M5H 4C7
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2019-2020-Q3-939115