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DataTrace Leverages AI to Add Over 1,000 New Title Plants to Industry-Leading Footprint to Support Growth in Automated Title Production
[January 18, 2022]

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

DataTrace Information Services LLC, the nation's largest provider of data and automation solutions to the title and settlement services industry, 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.

"We're committed to continually enhancing our industry leadership in the breadth and depth of title plant information as we aim to support the digital transformation of the title and settlement industry," said Robert Karraa, president of DataTrace. "Our new plants are instantly available and their value to our customers will only grow as the historical depth of their data increases year after year."

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 acros 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."

About DataTrace

DataTrace Information Services, LLC provides advanced real estate title search technology, automation and production services that enable settlement services companies to quickly access and search regional title databases through a secure application. The DataTrace system delivers title history information, property tax assessment and payment data, document images and property profiles in 47 states across the United States. With its significant geographical coverage, DataTrace's title plant and tax database is the broadest and most comprehensive title information system available and is used by the largest national title insurance underwriters.

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