Company Research Report
Company Overview
Name: Teranet
Mission
To efficiently connect government, business, and consumers through the delivery and transformation of registry services, data insights, and ecosystem platform solutions, while always maintaining the highest standards of reliability and integrity.
Founding
Founded in 1991.
Founders
No information is available.
Key People
No information is available.
Headquarters
123 Front Street West, Suite 700, Toronto, Ontario, M5J 2M2.
Number of Employees
Over 850 professionals.
Revenue
No information is available.
Known For
Teranet is known for being a leader in the delivery and transformation of statutory registry services, with extensive expertise in land and commercial registries. It is also recognized for providing insightful property intelligence and data solutions for the real estate, financial services, government, utilities, and legal markets.
Products
GeoWarehouse®
- Description: Ontario’s premium land and property research application.
- Key Features:
- Comparable market analysis
- Property valuations
- Sales history
- Ownership details
LendView™
- Description: A strategic analytics tool for mortgage lenders and financial professionals.
- Key Features:
- Insights into competitive performance against the overall market
OnLand®
- Description: Online source of information for the Ontario Land Registration System.
- Key Features:
- Search official land and property ownership records
- Access digitized historical property records
Teranet-National Bank House Price Index™
- Description: An independent representation of the rate of change of single-family home prices across Canada.
- Key Features:
- Housing market intelligence
- Evaluating risk exposure
- Capital evaluation through stress testing
PurView®
- Description: Automated valuation and fraud detection solution.
- Key Features:
- Authoritative property information
- Owner and property searches
- Risk mitigation
REALM™
- Description: A mobile-first, customer-centric platform for real estate sales professionals.
- Key Features:
- Combines land registry, public records, MLS data, mapping, and collaboration tools
SureFund™
- Description: Digital payment solution for organizing, tracking, and disbursing closing day funds in Ontario.
- Key Features:
- Secure platform for real estate transactions and mortgage refinances
- Reduced cost and processing time
Teranet eXpress®
- Description: Provides access to Ontario’s Land Registration and Writs databases.
- Key Features:
- Name Search for writs of execution
- Comprehensive writ search and reporting solution
DataConnect
- Description: Suite of solutions providing financial institutions access to data for risk mitigation.
- Key Features:
- Insight into business operations
- Collaboration with industry leaders
TeraIntelligence™
- Description: Custom data and analytics solutions tailored to meet unique business needs.
- Key Features:
- Portfolio risk and performance analysis
- Market trends and insights
Teranet Xchange®
- Description: Geospatial ecosystem for integrating data into business environments.
- Key Features:
- Real-time data streaming or direct delivery
- Enhanced productivity and optimized workflows
Recent Developments
Recent Developments in the Company
- Expansion of global footprint by acquiring Foster Moore, enhancing registry solutions with commercial off-the-shelf registry software.
- Recent divestment of Collateral Management Solutions to TRADER Corporation.
- Establishment of Multi-Listing Platform LP with PropTx and AMP systems to develop and operate a national back end multiple listing platform.
- Strategic investment in R-LABS and RIOS Inc.
New Products Launched
- No specific new products mentioned, but continued enhancement of the product portfolio.
New Features Added to Existing Products
- Enhanced GeoWarehouse.ca with new features.
New Partnerships
- Partnership with Stratus Data Systems Inc. for a national front-end multiple listing platform and data solution.
- Collaboration with Morningstar Sustainalytics for climate risk solutions.
Contact Information
Head Office
123 Front Street West, Suite 700, Toronto, Ontario M5J 2M2.
Telephone: (416) 360-5263
Email: info@teranet.ca
