This news update was just emailed to NECS stakeholders:
"Industry and jurisdiction stakeholders alike will be interested in a recent development in the UK.
The UK Land Registry, custodian of the world’s largest land register with almost 18 million titles registered, has announced that it has signed up as a member of the e-business standards body PISCES (Property Information Systems Common Exchange Standard) as part of its commitment to electronic conveyancing PISCES Ltd is a not-for-profit body similar to LIXI Ltd and has been involved in developing and publishing a wide range of electronic data transfer standards for the property industry in the UK and Europe over the past ten years.
The UK Land Registry has been working towards an electronic conveyancing solution since 2002 and its Director of Information Systems, John Wright, noted in the announcement that “PISCES is one of the key drivers behind the adoption of open e-business standards for the property industry, enabling it (ie the industry) to function more effectively and efficiently.”
Like the partnership between LIXI and NECS, the UK Land Registry sees its involvement with PISCES, of which many of its customers are members, as benefiting the development of electronic conveyancing and in particular integration of its systems with industry systems to achieve straight-through processing of conveyancing transactions.
The announcement can be viewed at http://www.landreg.gov.uk/about_us/pressoffice/notices/default.asp?article_id=17192 and details of PISCES are available at http://web.pisces.co.uk/public/about.aspx?ID=1."
If you'd like to know more about Australia's electronic conveyancing initiative you can check out the NECS website. LIXI members who'd like to know more about how the LIXI/NECS collaboration is going can take a look here.
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