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7 February 2025 M T E C H February 2025 » deep institutional knowledge," said Robert Karraa, President of DataTrace. "Automated title search at scale is now becoming a transformative reality. The expanded access to our unmatched data assets moves our industry closer to a standardized national automated title search solution." Customers now have direct access to more title plant and property data assets thanks to DataTrace's expansion of its industry-leading data through the DataTrace Digital Gateway. Further- more, DataTrace has improved the functionality of property and name searches and the user experience by adding two additional search solutions to its TitleIQ solution: while TitleIQ Streamline180 provides search results going back 180 days, TitleIQ Streamline offers a fully automated search up to the title plant start date. Both new tools provide consumers with a unified expe- rience by searching title data by owner name or property address. "In addition to increased efficiency, the broader use of automation will help our industry address the challenge of an aging and evolving work force," said Kim Armstrong, VP of Product and Strategy at DataTrace. "Access to stan- dardized data and rules-based systems can mitigate the loss of individual ex- pertise due to workforce turnover and retirements and accelerate the learning curve for new associates. To support these efforts, we are also adding new online training programs to help drive productivity gains." MORTGAGE CADENCE LAUNCHES TAAS OFFERING M ortgage Cadence announced the release of a new Testing as a Service (TaaS) product. Businesses all over the world are being offered new technologies, but they lack the means to adequately and thoroughly test them. TaaS has been a creative new invention across a variety of industries. The emergence of TaaS offers a useful and timely remedy as lenders continue to struggle with growing operational demands and regulatory scrutiny. "One of the challenges lenders have with implementing new technologies is the need to fully test any new system before putting it into production," said Monika Bhatla, Head of Quality for Mortgage Cadence. "No lender would risk a compliance violation by using a tool without testing, but few institutions have the resources in-house to run a rigorous testing process." Fundamentally, the new TaaS team will provide lenders with an outsourced testing solution that blends knowl- edge, effectiveness, and state-of-the-art technology. For years, the Mortgage Cadence testing team has been improv- ing these procedures in-house, using their knowledge to help the company's technological developments. Taking this tried-and-true method to the next level, the team is excited to share their knowledge to assist lenders with all of their testing requirements. To free up lenders to concentrate on their primary business, Bhatla's staff oversees verifying everything from software implementations to the correctness of loan paperwork. The benefits of TaaS extend beyond operational support. By partnering with Mortgage Cadence and its experienced testing team, lenders gain access to: • Comprehensive Testing Expertise: TaaS providers bring specialized knowledge and methodologies, often exceeding what an in-house team could achieve. • Reduced Workload: By outsourcing testing, lenders free their teams to fo- cus on other priorities, knowing their testing needs are in expert hands. • Enhanced Accuracy and Compli- ance: Thorough testing ensures loan documents and processes meet regulatory standards, reducing risks for lenders. "By working closely with lenders to understand their unique needs and challenges, Mortgage Cadence can now ensure every solution the lender employs are tailored and impactful," said Pedro Garcia, CEO of Mortgage Cadence. Monika's team will provide complete testing of any system the lender wants to employ." "In addition to increased efficiency, the broader use of automation will help our industry address the challenge of an aging and evolving work force." —Kim Armstrong, VP of Product and Strategy, DataTrace