TAO Solutions is Moving

TAO Solutions is pleased to announce that it will be moving to a larger premises on October 7th, 2016.  Our move will be commencing at 1 pm EST on that date.  In order to accommodate our burgeoning growth, TAO Solutions will be relocating to the 16th floor within our current 11 King Street West, Toronto, address.…

mortgageHUB Insurance Purpose Test Enhancements Update

TAO Solutions is pleased to announce an update to the original May 26, 2016 enhancement notification. After further analysis of the finalized advice to issuers surrounding the insurance criteria monitoring, TAO Solutions will provide several new features in the autumn 2016 R2 release. mortgageHUB will encompass the following enhancements: Insurance loan data element additions (application,…

mortgageHUB Insurance Purpose Test Regulatory Enhancements

TAO Solutions is pleased to announce that mortgageHUB enhancements directly related to Insurance Purpose Test issuer monitoring and reporting will be available in autumn 2016. Based on the implementation clarifications provided on May 24, 2016 from CMHC and the other insurers surrounding the amendments to the Insurance Housing Loan Regulations and the Eligible Mortgage Loan…

TAO Solutions Welcomes Structured Finance Canada Conference

TAO Solutions is pleased to welcome the new Structured Finance Canada conference to Toronto from May 31, 2016 until June 1, 2016.  The event, the largest of its kind in Canada, takes the place of the former Structured Finance Forum held in prior years.  This new conference is hosted by the Structured Finance Industry Group and is sure to…

TAO Solutions Achieves SOC I Type II Certification

TAO Solutions proudly announces its achievement of SOC I Type II audit certification.  With this key certification, TAO has enhanced its commitment to delivering high-quality services to all of its stakeholders with the rigour now demanded of organizations in the contemporary policy and controls environment. A SOC 1 report (Service Organization Controls) is a report…

Intermediated Swaps Functionality Coming to mortgageHUB

TAO Solutions is pleased to announce the introduction of sophisticated CMB Swap Intermediation capabilities within its industry leading mortgageHUB product. The functionality is specifically designed to handle processing and accounting automation for entities using mortgageHUB when acting as either the swap provider or pool seller. Some highlights of the new functionality include: Discrete handling of…

mortgageHUB 2015 Release 3 Available in August

TAO Solutions is pleased to announce mortgageHUB 2015 Release 3. This release, which will be available to clients in August 2015, includes the following major features and enhancements: Opti-Pool enhancements: Opti-Pool has undergone several improvements, with the addition of the following features: Pool Builder Matrix: Gives a visual representation of possible pool sets, based on rates…

TAO Solutions Announces Support for Multi-Insurer Pools

In “Advice 11”  posted in the “Advice to Approved Issuers” section of CMHC’s website on March 31, 2015, CMHC details changes to NHA MBS pooling policies that allow for the inclusion of mortgages from multiple insurers.  This policy change will consist of two phases of computing system changes.  The first phase, which can be implemented…