Title:
Implementation of AI across Tao SW platform openings
Agreement Number:
1024419
Agreement Value:
$92,000.00
Agreement Date:
Nov 18, 2024 - Feb 28, 2026
Description:
Securitization is the process of issuing securities to investors based on underlying pools of eligible credit assets. The cash receipts from these assets are distributed back to the investors over time with the distributions and reporting defined in a legal contract. Our SecureHub platform allows for the modelling of these transactions via configuration; it does, however, take extensive time, and some degree of contract-law knowledge for users to interpret legal documents and model the relevant transaction. This project will seek to solve this challenge by using AI technologies to automate the analysis of these documents to convert complex legal jargon into a mathematical model in a rapid, efficient, and cost-effective manner.
Organization:
National Research Council Canada
Expected Results:
The NRC IRAP Artificial Intelligence (AI) Assist Program aims to equip and support SMEs to incorporate AI into their core products and services and/or undertake scientific research, product development, testing, and validation. AI Assist aims to increase the number, the quality, and the competitiveness of Generative AI (Gen AI), Deep Neural Nets (DNN), and Deep Learning (DL) products created and delivered by SMEs.
Location:
Toronto, Ontario, CA M5H 4C7
Reference Number:
172-2024-2025-Q3-1024419
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
814521027
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 120 days.
Amendment Date
Jul 22, 2025
Recipient's Operating Name:
Tao Solutions
Recipient's Legal Name:
TAO SOLUTIONS INC.
Federal Riding Name:
Toronto Centre
Federal Riding Number:
35108
Program:
Industrial Research Assistance Program – AI Assist
Program Purpose:
The NRC IRAP Artificial Intelligence (AI) Assist Program aims to equip and support SMEs to incorporate AI into their core products and services and/or undertake scientific research, product development, testing, and validation. AI Assist aims to increase the number, the quality, and the competitiveness of Generative AI (Gen AI), Deep Neural Nets (DNN), and Deep Learning (DL) products created and delivered by SMEs.
Coverage:
The AI Assist program is designed to help innovative SMEs navigate the challenges of developing and adapting generative AI (GenAI) and deep learning (DL) solutions and to assist SMEs with awareness, planning and execution in order to develop these technologies safely and ethically.