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

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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