TAO Solutions, a leading provider of software designed to empower the financial services industry with operational agility and robust capabilities across the globe, announced today that it is Great Place to Work Certified. This certification is based on information provided through an extensive Culture Brief completed by the company and an anonymous survey completed by…
DetailsIn response to the communique issued by CMHC on August 12 regarding several accommodations to liquidation rules for pooled loans, TAO Solutions is pleased to announce updates to the MortgageHub application to assist NHA MBS issuers with supporting these new requirements. Enhancements to the MortgageHub application to satisfy CMHC’s requirement to maintain two separate amortization…
DetailsIn order to support upcoming functionality such as Data Analytics and other exciting features, TAO Solutions is upgrading MortgageHub and SecureHub’s framework from .NET 4.5.2 to .NET 4.8 with the 2020R3 and 2020R2 updates, available for general release on September 18 and October 31, 2020, respectively. Clients wishing to upgrade to these new MortgageHub and…
DetailsAs you are probably aware, CMHC issued a communique to all approved NHA MBS issuers on August 12, 2020 that detailed several accommodations to liquidation rules for pooled loans. More specifically, CMHC is providing issuers with liquidation flexibility for loans with modifications that allow for “deferral arrangements, capitalization, amortization extensions, and temporary interest-only payments.” In order for…
DetailsTAO Solutions is pleased to announce that it has partnered with AMAL Trustees to be its dedicated provider of trust management software. TAO Solutions is a Toronto, Canada headquartered company and a global leader in securitisation software, recently expanding its geographical presence to include Australia, New Zealand and the Asia Pacific region. Trusted by global…
DetailsAs history continues to unfold, the recent covered bond transactions undertaken by our Canadian counterparts represents an important step in enabling the world’s capital markets to return to normality. The evolution of covered bonds as an investment haven during periods of instability and uncertainty is not new, however the technology behind enabling an issuer to…
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