Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that its subsidiary, DataQuick, is delivering custom and bulk property information solutions to key lending institutions. MDA has signed over $3.7 million CDN in agreements with several top lending institutions in the United States for its property data records solution.
By building strategic partnerships with its clients, MDA can both manage and deliver property information from a rich multi-sourced data set in the United States. This information can be used in all aspects of the loan process, from loan origination and appraisal review, to risk assessment and valuation.
MDA can streamline a company's loan underwriting and assessment process with its information featuring unique assessor data. Clients can benefit from added intelligence, unique property identifiers, and a more robust data set, featuring a threefold increase in record size from the previous years.
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 2,500 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.