Continuous, structured capture
Every event in the deal is written to the report as it happens — not reconstructed at the end from memory and email. Structured fields mean the data is searchable, exportable, and verifiable — not just "there."
Use case · The Openfund Report
The compliance file, written automatically
Every funded mortgage on Openfund generates a complete suitability file as the deal happens — every lender that was considered, every offer received, the recommendation rationale, the principal-broker sign-off, and the borrower's consent. Cryptographically signed, time-stamped, and stored in Canada. Not a marketing word for a checklist — an actual file you can hand to a regulator.
FSRA-aligned formatSHA-256 chain7-year retention
What is the Openfund Report?
From data to documentation in zero clicks.
Suitability documentation is the most important — and most consistently neglected — part of a Canadian mortgage file. It proves that the right options were considered, the right offer was recommended, the right disclosures were made, and the right people signed off. Done right, it's the broker's shield. Done badly, it's the file the regulator asks for.
The Openfund Report is generated as the deal happens. Every search, every offer, every comparison, every consent, every sign-off is captured in real time and assembled into a single, tamper-evident file. By the time the deal funds, the compliance file is already done — and signed.
- Continuous captureEvery event during the deal is recorded — no end-of-deal scramble.
- Tamper-evident audit chainSHA-256 chain of custody · time-stamps on every action · ca-central-1 storage.
- FSRA-aligned formatStructured to support principal-broker review and FSRA verification.
How it gets written
The report writes itself as the deal moves.
No template to fill in. No checklist to forget. Each step in the deal contributes a section to the report — automatically and in order.
- 01Submission
Borrower & property captured
When the application is submitted, the platform captures borrower identity, property data, and the FINTRAC checklist — fully validated as it lands. Section 01 of the report is written. - 02Smart match
Lenders considered (and why)
The match log records every eligible lender, every match score, and the reason each lender was included or excluded. Suitability rationale is captured before any offer is even requested. Section 02 written. - 03Offers
Every offer, archived
Each offer that comes back — accepted, declined, or expired — is archived with full terms and a side-by-side comparison snapshot. The competitive picture is preserved permanently. Section 03 written. - 04Recommendation
Recommendation + rationale
When the broker presents a recommendation, the rationale is captured — best-fit lender, why this offer over the others, suitability score, and the disclosures the borrower needs to see. Section 04 written. - 05Consent
Borrower consent + sign-off
The borrower reviews the file, acknowledges disclosures, and consents — all time-stamped and stored. Then the principal broker counter-signs, and the file is locked, signed, and ready for FSRA verification. Sections 05–06 written.
The architecture
Three properties that make this actually work.
A compliance file is only useful if it's complete, trustworthy, and easy to use. The Openfund Report is built around three architectural commitments that deliver all three.
Tamper-evident audit chain
Every entry is hashed and chained. If anything changes after the fact, the chain breaks — and that break is visible to the principal broker, to the regulator, and to the audit team. You can prove what happened, when.
FSRA-aligned, audit-ready
The format follows what regulators actually look for in a principal-broker review or FSRA examination. Sections in the expected order, evidence attached at each step, and a single file you can hand over without rummaging through inboxes and drives.
By role
What this means for brokers and principals.
The Openfund Report changes the day-to-day for both the agent in the file and the principal broker who has to review it.
For brokers & agents
Compliance becomes a side-effect of doing your job.
You don't write the report. You do the deal — exactly the way you already do it — and the report writes itself. Suitability rationale, lender comparisons, disclosures, and consents are all captured automatically. By funding day, the file is already done.
- Zero end-of-deal documentation scramble
- Built-in suitability rationale
- All offers preserved with comparison
- Borrower consent time-stamped automatically
For principal brokers
Review the work — not the formatting.
Every file in your brokerage shows up in the same format, with the same evidence in the same places. Principal-broker review becomes a fast, focused decision instead of a forensic search through email threads — and FSRA verification becomes a one-click export.
- Uniform file format across the brokerage
- Evidence attached at every step
- One-click FSRA export
- Tamper-evident audit chain
The compliance file, written automatically
Stop writing the file. Run the deal.
Every funded mortgage on Openfund leaves the platform with a complete, signed, audit-ready compliance file. No templates. No checklists. No end-of-deal scramble.
SHA-256 chain · ca-central-1 · 7-year retention