TORONTO, Aug. 20,
2024 /CNW/ - Dye & Durham Limited (TSX: DND)
("Dye & Durham" or the "Company"), a leading
provider of cloud-based, efficient workflow software for legal and
business professionals, today announced that it will begin
offering mortgage discharges for National Bank nationwide through
its industry-leading solutions beginning this month. National Bank
is the sixth largest commercial bank in Canada, with 660 branches and more than 2.4
million personal banking clients across the country.
Dye & Durham is improving the way that property changes
hands in Canada, using technology
and real-time property exchange tracking to enhance the property
settlement process across the country. The addition of National
Bank mortgage discharges supports Dye & Durham's broader
strategy to create a first-of-its-kind national settlement business
that aims to facilitate a smoother process for real estate
transactions across Canada using
its solutions. This initiative is in line with the company's
current Quebec offering and other
available in markets like Australia today. Dye & Durham plans to
continue increasing its national settlement network across the
country to improve and accelerate the real estate transaction
process from coast-to-coast.
"There is a great opportunity for Dye & Durham to improve
the ease and speed of mortgage settlements in Canada. Our approach to an all-in-one
destination for mortgage settlements helps lawyers and their
customers in conducting real estate transactions efficiently with a
focus on speed, accuracy and confidence," said Matt Proud, Chief Executive Officer, Dye &
Durham. "National Bank's prominence in markets across the country
enables us to support an extended network of lawyers across
Canada, and the combination of
national settlement capabilities directly within Dye & Durham
solutions allows us to extend the value to the legal professionals
we serve."
Mortgage discharges for National Bank is available nationwide
via Unity® Practice Management in English Canada and
Unity® Centre Hypothécaire in Quebec today.
About Dye & Durham Limited
Dye & Durham
Limited provides premier practice management solutions empowering
legal professionals every day, delivers vital data insights to
support critical corporate transactions and enables the essential
payments infrastructure trusted by government and financial
institutions. The company has operations in Canada,
the United
Kingdom, Ireland, Australia and South Africa.
Additional information can be found at www.dyedurham.com.
SOURCE Dye & Durham Limited