Grants and Contributions:
Title:
Simplicity Mortgage Information Services Integration Project
Agreement Number:
933930
Agreement Value:
$190,000.00
Agreement Date:
Sep 1, 2019 - Apr 30, 2020
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.
Organization:
National Research Council Canada
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
Location:
Calgary, Alberta, CA T2G 3A5
Reference Number:
172-2019-2020-Q2-933930
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
739974681
Recipient Type:
For-profit organization
Recipient's Legal Name:
Simplicity Global Solutions Ltd.
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
Program:
Industrial Research Assistance Program – Contributions to Firms
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
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211