TELUS has deep technical knowledge and business process expertise in the
Financial Services sector. We have applied this knowledge to develop Assyst
Real Estate, our residential mortgage transaction processing platform. Assyst
Real Estate is the only national solution that seamlessly links lenders to the
legal community to execute mortgage files electronically. All lawyers and notaries
processing real estate transactions can enrol and experience the many benefits
that a streamlined and standardized mortgage process can bring to their practice.
Assyst Real Estate offers:
- A common platform across Canada
- An improved process that allows real time file updates
- A streamlined workflow between lenders and the legal community
- Electronic delivery and assembly of forms
- Electronic signature of documents / Lawyer and notary legal status verification
- Storage and retrieval of documents
- Facilitation of electronic funding
- Electronic receipt of lawyer's final report on title
- Rapid deployment
- Scalability
- Security
Using Assyst Real Estate, participating lenders will benefit from:
Cost reduction
- No more faxes / couriers
- Employee time savings
- TELUS-managed lawyer enrolment
- Streamlined process facilitating electronic funds transfer
- Reduced document management including handling, storage and archiving
- Fewer errors
- Easy follow-up on files
- TELUS-managed system development, maintenance and administration
Risk mitigation
- Lawyer / notary legal status verification
- Verification of registration
- Document version control
- Highly secure system, communication and facilities
- Data integrity
- System availability 24x7x365 (with scheduled maintenance windows)
- Business continuity plan
- Daily system backup