GlobalX becomes third NLIS licensed channel provider
Land Data, the NLIS regulator, today announced a third NLIS channel license has been awarded. GlobalX Information Services (GlobalX), the largest provider of electronic land and property searches to the Australian legal community, has been granted the license and joins existing channels SearchFlow and Thames Water in providing authoritative electronic land and property search information through NLIS, to the conveyancing profession.
GlobalX has been providing online access to title searching and other land and property search services for conveyancers via its GXS.com.au portal since 1995. The company also offers a broad range of commercial information products as well as owning one of the largest legal practice management software solutions in Australia.
Last month the NLIS Hub reduced its transactional fees to channels by 50%. This cost saving will be passed on to conveyancers making the benefits of ordering an electronic search through NLIS even more attractive.
GlobalX Managing Director, Cameron Beavis is pleased with the company being granted an NLIS channel license. “The granting of an NLIS channel license offers GlobalX a dual opportunity. Firstly it provides GlobalX’s UK operations with immediate access to the broad range of the information products it requires to compete effectively in the UK market without the need for a large fulfillment team on the ground. Secondly, it provides a single source of UK information to deliver to our existing Australian customers in support of our anti-money laundering and international information strategies.
• GlobalX Information Services commenced operations in Australia in 1995 and was the first information services company to deliver electronic land titles to the Australian market. Since then, GlobalX has developed a broad range of information products servicing a wide variety of corporate customers in the legal, commercial and property sectors. GlobalX Information Services has offices in Brisbane and Sydney.