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

 

BusinessDesk: Weak Dairy Prices Prompt Pull Back In Fonterra Forecasts

Weak global dairy prices have prompted analysts to pull back their expectations for Fonterra Cooperative Group's payout to farmers for next season. More>>

Broadband Network: Spark Launches New, Competitive Ultra Fibre Plan Line-Up

Spark is giving customers an even more compelling reason to switch to its Ultra Fibre plans from today with the introduction of new competitive pricing for the majority of its plans (details below) and Fibre Landline (voice-over-fibre technology) for ... More>>

Employment: ANZ Proposes Casualisation In Whangarei Stores

ANZ workers in Whangarei could see their incomes drop by 20 to 40 percent if the bank’s proposal to reduce the number of full-time positions goes ahead says FIRST Union national organiser Tali Williams. More>>

Finance: BNZ Develops Specialist Tāmaki Māori Banking Team

BNZ develops specialist Tāmaki Māori Banking Team to support Māori as Auckland grows More>>

Pharmaceuticals: Commerce Commission To Consider Pharmaceuticals Merger

The Commerce Commission has received an application from Pfizer Inc. seeking clearance to acquire all of the shares in Hospira Inc. More>>

Real Estate: Housing Unaffordability Issues Spread

Surging house prices in Auckland and Queenstown last month pushed home ownership even further beyond the reach of first home buyers in the two districts, according to the AMP360 Home Loan Affordability Report for March. More>>

Statistics NZ: Annual Exports To China Dip Below Australia

The value of goods exports to Australia ($8.7 billion) surpassed those to China for the year ended March 2015, Statistics New Zealand said today. More>>

Science: Hookworm Discovery At Malaghan Institute

Professor Graham Le Gros has led a team which has stimulated both innate and memory responses to the parasite, discovering along the way the unexpected behaviour of one particular immune cell, in Hookworm, one of the world’s most devastating tropical ... More>>

Business: Provinces Urged To Make Full Use Of New Air Services

Provincial New Zealand has been urged to use new air services to Auckland or risk losing them either partially or completely. The stark warning was issued today by Far North mayor John Carter at a ceremony at Kaitaia airport to mark the final Air ... More>>

Mobile: 2degrees To Credit All Calls And SMS To Nepal

In the wake of the devastating earthquake in Nepal in the weekend, 2degrees will be crediting all calls and SMS messages made to mobiles and landlines in Nepal from Friday 24th April until midnight Wednesday 29th April. More>>

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news