OAKVILLE, ON–FCT, which provides title insurance and real estate technology, and Opta Information Intelligence Inc., a supplier of Canadian property location intelligence, have partnered to deliver data-driven products to the financial services industry.
Through this exclusive partnership, FCT will leverage data assets, products, and resources to significantly increase the efficiency of end-to-end real estate transactions for FCT’s lender, appraiser, realtor, and mortgage broker customers. This will provide access to enhanced underwriting information that may not otherwise be readily available. As a result, FCT will now have nearly 100 percent coverage of addresses and property information in Canada.
“At FCT, we are committed to delivering a more intelligent and informed journey for all our stakeholders, and that journey starts with data,” said Michael LeBlanc, CEO, FCT. “Partnerships like this one are critical to our business as we continue to provide the most comprehensive property intelligence in the industry. Opta’s market share in the insurance vertical and rich property information complement our products and services. Through this partnership, we’re excited to expand our offering to deliver even higher value to our customers and partners.”
“We are excited to collaborate with FCT and to make a difference for mortgage professionals across the country,” said Greg McCutcheon, president, Opta. “Bringing together our data and intelligence with FCT will make a significant difference in the journey from search to keys for homeowners and provide time savings for real estate professionals as they will now have immediate access to critical data required to complete a transaction.”