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DataTrace Expands Automated Title Search and Adds New Search Functionality

—New TitleIQ™ solutions reduce complexity and enhance search efficiency—

DataTrace®, the nation’s largest provider of data and automation solutions to the title and settlement services industry, today announced it has expanded automated title search to nearly 1,000 counties and launched significant enhancements to its data and product lines. The expanded automated title search capabilities are available via TitleIQ™ Search Automation, with additional title search access through the DataTrace System (DTS) and through the DataTrace Digital Gateway™.

“DataTrace has continued to significantly invest in our data assets and in building out powerful automation solutions to further streamline title search and production, which has traditionally relied heavily on 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.”

Additional Data Delivery and TitleIQ Enhancements Unveiled

DataTrace has also expanded access to its industry-leading data available through the DataTrace Digital Gateway, providing customers direct access to additional title plant and property data assets. In addition, DataTrace has introduced two new search products to its TitleIQ solution that enhance the functionality of property and name searches and improve the customer experience: TitleIQ Streamline delivers a fully automated search as far back as the title plant start date, while TitleIQ Streamline180 delivers search results back 180 days. Both new products search title records either by property address or owner name and deliver results to users in a united experience.

“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, vice president of product and strategy at DataTrace. “Access to standardized data and rules-based systems can mitigate the loss of individual expertise 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.”

About DataTrace

Data Trace Information Services, LLC, the nation’s largest provider of property and ownership data and title automation solutions, enables title and settlement companies to streamline their processes, increase efficiency and drive growth. The company’s solutions are powered by the industry’s most complete network of geographic title plants and most comprehensive property information data set, including more than 8 billion recorded document images. Leading title underwriters and title agents rely on DataTrace’s solutions to accelerate digital transformation, gain a competitive edge, benchmark intelligence, and seamlessly integrate with closing technology providers. With its significant geographical coverage, DataTrace’s digital title plant and tax database is the most expansive, comprehensive digital title information system in the industry. For additional information, visit www.datatracetitle.com.

Contacts

Media Contact:

Marcus Ginnaty

Data Trace Information Services LLC (714) 250-3298

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