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…

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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…

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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…

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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…

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Extensive Covered Bond Functionality Now Available in mortgageHUB

As a part of the mortgageHUB 2015-R1 release, available to clients on March 12, 2015, TAO Solutions is pleased to announce the inclusion of extensive covered bond functionality. This represents a major milestone for the mortgageHUB product and will greatly assist issuing institutions with both their contractual and legislative programs. Covered bond capabilities are being…

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LLM and CPR Prepayment Models Added to mortgageHUB

TAO Solutions is pleased to announce the addition of two new prepayment models to both its loan and pool cash flow engines.   The two new methods supported are Linear Liquidation Model (LLM) and Constant Prepayment Rate (CPR). LLM was implemented by the Investment Industry Association of Canada (IIAC) in November 2014 and is meant to…

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