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Thomson Reuters to Implement Electronic Property Registration System in Mongolia

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Posted: Thursday, January 12, 2012

Digital land records archive aims to increase land security for rapidly changing country

ULAANBAATAR -- January 12, 2012 - Thomson Reuters together with MCS-Electronics LLC has been awarded the Electronic Property Rights Project, a project funded by the Millennium Challenge Account for Mongolia (MCA-Mongolia) in support of the Mongolian General Authority for State Registration (GASR).

Resulting from an agreement signed in 2007 between the Millennium Challenge Corporation and the Government of Mongolia, the Electronic Property Rights Project is a part of a larger Urban Property Rights Project, which aims to issue private land titles to peri-urban residents (those living between a city's outskirts and the suburban areas). Since the 1980s, millions of Mongolians have chosen an urban lifestyle and urban centers have since expanded rapidly. The capital city, Ulaanbaatar, and largest urban center, has tripled in population during the past thirty years. Two-thirds of Mongolia's total population of three million now resides in four primary metropolitan areas.

In this constantly changing landscape, Mongolian government officials are addressing issues of property rights by enhancing the overall land registration processes, a vital step in providing traditionally nomadic Mongolians with legal documentation for newly secured land titles.

During the three-phase project, Thomson Reuters and business partner MCS Electronics will work with MCA-Mongolia and GASR to create a principle source of land information through a new, electronic nationwide title registration system. The integration of the electronic property registration system will make it easier for Mongolians to formally register their properties. Additionally, the system will promote internal operational efficiencies, and strengthen revenue collection functions for GASR.

Thomson Reuters, with system implementation support from MCS Electronics, will also deploy Thomson Reuters GRM Registry™ software for the project. The first phase will supply information technology equipment for MCA-Mongolia and GASR. During the second and third phases, the project team will digitize and migrate existing land records, and create a configured electronic registration system for Mongolia.

Thomson Reuters acquired Manatron Inc., and the wholly owned subsidiary International Land Systems (ILS) Inc., in July 2011. ILS initially had bid the electronic property registry system project, and had signed the awarded contract as a joint venture with MCS Electronics LLC.

About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for governments, businesses, and professionals, combining industry expertise with innovative technology to deliver critical information to leading decision makers. Our integrated Government Revenue Management (GRM) suite offers end-to-end software with services to ensure revenue through land and property tax administration. Meeting the needs of emerging economies, OPENTITLE™ is a low-cost registry and cadastre tool with an all-inclusive approach to collecting, documenting, and recording the documentary and geographic information relating to property rights.