DataTrace Leverages AI to Add Over 1,000 New Title Plants to Industry-Leading Footprint to Support Growth in Automated Title Production

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– Massive geographic expansion nearly triples DataTrace’s total number of title plants to more than 1,600, spanning 80% of U.S. population –

DataTrace announced today the addition of over 1,000 new geographic title plants across the United States, increasing the company’s total number of title plants to more than 1,600, covering 80% of the U.S. population. The new title plants leverage the latest artificial intelligence and automation technology. As title companies more widely automate title production, the demand for state-of-the-art title plants across the country is expected to increase.

The investment in over 1,000 new title plants almost triples the company’s county coverage. DataTrace, already the current industry leader in fully geographically indexed title plants across the U.S., provides title chains, recorded document images, legal and vesting data, tax reporting, and property and ownership data to thousands of title companies nationwide.

“The new plants leverage state-of-the-art artificial intelligence and automation technology that changes the game for property data collection going forward,” said Annette Cotton, vice president of data and client solutions at DataTrace. “These new plants have the broadest set of data attributes collected in the industry, providing the raw materials for further automated title production. As historical depth is added, these new plants will deliver even greater value to our clients. They will help us continue to provide the information, insight and confidence the industry has come to expect from DataTrace and our industry-leading network of title plants and property ownership databases.”

To read the full press release, view: www.datatracetitle.com/press-releases.

 

Topics: Title Automation, Title Insurance, Title Plant Data, Title Production, Title Plants, Title Plant Coverage, Title Efficiencies, Title Reports, Artificial Intelligence