Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Leading NZ Registry company forms international partnership

Leading New Zealand Registry company forms international partnership

Significant milestone drives Foster Moore’s growth

Foster Moore International Ltd, a New Zealand based specialist Registry Company, has today announced a strategic partnership with Teranet – a Toronto based international leader in electronic land registration.
Joel Foster, founder and Chief Executive of Foster Moore International Ltd (FMIL) said the acquisition brings a strategic investor with mutual growth objectives, strong operating capabilities in the online government, corporate and other statutory registry sectors that will complement FMIL’s Catalyst Registry Product, which is among the best Commercial Off-the Shelf (COTS) registry solutions in the world.

“We are excited about the opportunities this strategic investment partnership with Teranet will bring and we all look forward to building our future together towards becoming the leading corporate registry supplier globally. With this relationship we can both leverage our experience and expertise to significantly extend the scalability of our businesses in terms of breadth of solutions and geographic regions,” said Joel Foster.

Teranet owns and operates and The Property Registry in Manitoba as well as Ontario’s Electronic Land Registration System, one of the world’s most advanced land registration systems, enabling users to conduct electronic registrations as well as title and writ searches relating to real property.

“We are excited to work with an organization like Foster Moore, who has clearly demonstrated their expertise in the registry space. This will certainly allow Teranet to extend its service delivery capabilities beyond Land, Writs, and the Personal Property Registries by creating access to technology that transforms Business, Secured Transaction, and Occupational Registries.” said Lawrence Franco, President of Value Added Commercial Solutions at Teranet.
FMIL has major government contracts in New Zealand, North America, and South East Asia. It will continue to operate as an independent company with no anticipated impacts to FMIL or Teranet customers.

As an international leader, developer and implementer of online registry solutions including Business, Secured Transaction, and Occupational Registries, the Foster Moore business gained credibility in the registry industry with its strong products, domain expertise. FMIL’s Catalyst Registry Product ensures fast and cost-effective deployment, significant operational efficiencies, and a superior user experience.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Science Media Centre: Viral Science And Another 'Big Dry'?

"Potentially, if there is no significant rainfall for the next month or so, we could be heading into one of the worst nation-wide droughts we’ve seen for some time," warns NIWA principal climate scientist Dr Andrew Tait. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news