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Contribution: Industrial Research Assistance Program – Contributions to Firms

Simplicity Global Solutions Ltd.

$190,000.00

Simplicity Mortgage Information Services Integration Project

EF 2019-20 · 2019-09-01

Résumé
Simplicity Global Solutions Ltd. and Canada’s leading provider of mortgage information services to Canadian lenders have created a project to integrate their platforms such that Simplicity will be able to query and pull information from the provider for Property Title Searches, Property Tax Account / Property Tax Certificate Searches, Property Appraisals including their Automated Valuation Model (AVM) and Title Insurance for 3,000 Canadian municipalities. This project supports Simplicity's strategy of FinTech innovation in the residential mortgage sector to dramatically reduce the time to prepare and process a mortgage application – from as much as 6 weeks to as little as 2 hours.
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Emplacement
Calgary|Calgary, Alberta, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
739974681
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

Agreement End Date
2020-04-30
Agreement Number
933930
Agreement Start Date
2019-09-01
Agreement Title
Simplicity Mortgage Information Services Integration Project
Agreement Title (French)
Projet d'intégration des services d'information hypothécaire de Simplicity
Agreement Type
Contribution
Agreement Value
$190,000.00
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
Simplicity Global Solutions Ltd. and Canada’s leading provider of mortgage information services to Canadian lenders have created a project to integrate their platforms such that Simplicity will be able to query and pull information from the provider for Property Title Searches, Property Tax Account / Property Tax Certificate Searches, Property Appraisals including their Automated Valuation Model (AVM) and Title Insurance for 3,000 Canadian municipalities. This project supports Simplicity's strategy of FinTech innovation in the residential mortgage sector to dramatically reduce the time to prepare and process a mortgage application – from as much as 6 weeks to as little as 2 hours.
Description (French)
Simplicity Global Solutions Ltd. et le principal fournisseur canadien de services d'information hypothécaire aux prêteurs canadiens ont créé un projet d'intégration de leurs plate-formes de sorte que Simplicity sera en mesure d'interroger et d'extraire les renseignements du fournisseur pour les recherches de titres de propriété, les recherches de comptes d'impôt foncier / certificats d'impôt foncier, les évaluations de propriétés incluant leur modèle de valeur automatique et les assurances titres pour 3 000 municipalités canadiennes. Ce projet s'inscrit dans la stratégie de Simplicity, qui consiste à innover dans le secteur des prêts hypothécaires résidentiels afin de réduire considérablement le temps de préparation et de traitement d'une demande de prêt hypothécaire - de 6 semaines à seulement 2 heures.
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
Calgary Centre
Federal Riding (French)
Calgary-Centre
Federal Riding Number
48004
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
739974681
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Simplicity Global Solutions Ltd.
Recipient Postal Code
T2G 3A5
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2019-2020-Q2-933930