Annual World Bank Conference on Land and Poverty 2015 Gasant Jacobs; South Africa Director: Business Development March 2015 The Use of Technology in Land.

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Presentation transcript:

Annual World Bank Conference on Land and Poverty 2015 Gasant Jacobs; South Africa Director: Business Development March 2015 The Use of Technology in Land Administration A Framework for Success A Secure, Scalable and Sustainable LIS for Sub Sahara African Countries

AGENDA Introduction and Overview The framework for success: Sustainability, Scalability and Security Outcome and achievements What’s next… Conclusion and Questions

OUR COMPANY-Thomson Reuters Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals We combine industry expertise and innovative technology to deliver critical information to leading decision makers We are the world’s most trusted news organization We serve professionals in the financial and risk, legal, tax and accounting, intellectual property and science and media markets Europe, Middle East & Africa 29% Asia 12% Americas 59% Revenue by Region Listed on the NYSE and TSX – symbol TRI 2012 Revenue – $12.9 billion We employ approximately 60,000 people and operate in over 100 countries

of the Top 100 CPA firms, 94 of the top 100 law firms and 95 of the Fortune 100 use Thomson Reuters Checkpoint. Thomson Reuters Fast Facts individuals use IP & Science products in academic, government, corporate, and legal institutions. land parcels around the world are managed by local governments using Thomson Reuters Government Revenue Management (Aumentum) software. are captured and published by Reuters every year. FINANCIAL & RISK GLOBAL GROWTH & OPERATIONS LEGALTAX & ACCOUNTING INTELLECTUAL PROPERTY & SCIENCE

OUR APPROACH… TR provides the technology, which is the Aumentum platform… We generally partner with local firms in country with local knowledge and project management support. Our aim is that our local partners become certified Thomson Reuters Aumentum Implementation Partners (AIP). Together we work with the clients to improve the process, enhance the institutional framework, and provide a streamlined solution in a short period of time.

3S : The Framework for Success

INTEROPERABILITY STANDARDS BUSINESS MODELLING TRAINING TECHNOLOGY PATH MANAGING INCREMENTAL DATA EXTENDING FUNCTIONALITY ADAPT INGTO NEW TECHNOLOGY

SECURITY SCREENING PERSONNEL SECURE TRANSACTION SYSTEM STANDARDS SECURED BUSINESS PROCESS PROTECTION FROM CYBER ATTACKS REFLECTS LEGAL FRAMEWORK PROTOCOLS FOR PRIVATE ACCESS

PEER GROUPS REVENUE GENERATION STANDARDS BUSINESS MODELLING USER FRIENDLY RESEARCH & DEVELOPMENT SYSTEMS SUPPORT CAPACITY DEVELOPMENT

3S DELIVERED  Reduced registry cost and time for the people  Improved morale from… o Skills adaption from training o Work place upgrades o Clear processes and procedures o Happier customers  Fast technology implementation Office managing 10x the registration volume  An exponential revenue increase…

11 Uganda Operation Results

Cross River, Nigeria Financial Results Revenue Generation 2012 NGN 650M Revenue Generation 2014 NGN 2.6B (projected) NGN 0 NGN 3.6M (projected) In US Dollars, $14M was collected in 2014; revenues have increased by $11M YOY. In one week of operation, revenues covered the perpetual license fee. New Search Fee Revenues

“Home ownership gives you a stake in society. It puts a roof over your head. It gives you an asset. It makes you feel you have accomplished something. This is a common wish that everyone has.” Hon Ngozi Okonjo-Iweala Minister of Finance, Nigeria Atlantic Council, October 8, 2014, Washington, D.C.

Thomson Reuters’s Aumentum Solution “ allowed us to make a major breakthrough… giving us access to information we are searching for…” We have made tremendous progress… putting us in a position to serve our people much more effectively, much more efficiently.” Hon Daudi Migereko Minister of Lands. Housing and Urban Development, Uganda Voice of America TV program, aired March 2014

“It took us almost 5 months to start processing the Objections that property owners lodged. Now, we can resolve Objections within 30 days.” Christopher Gavor. Ghanaian National working as the Director for Valuations in Cape Town.

Thank You Gasant Jacobs Business Development – Africa Tax & Accounting (Government) Phone: Mobile: Thomson Reuters (Markets) SA