LEGAL TECH INNOVATOR WINS NATIONAL AWARD

Written on the 18 August 2015

LEGAL TECH INNOVATOR WINS NATIONAL AWARD

A BRISBANE-based legal solutions provider has received national acclaim for its hand in pioneering the digital age of conveyancing and property services within Australian practice.

GlobalX Legal Solutions has been awarded the Australian Business Awards ABA100 Innovation prize for contributions to electronic conveyancing, notably through development of its sponsored property exchange platform PEXA.

CEO Peter Maloney (pictured) says GlobalX has invested more than 7200 people-hours in product research and development to prepare the PEXA system for a successful transition into mainstream practitioner use.

"The Australian Business Awards is associated with well-managed, high-performing and industry-leading initiatives, so it is an absolute honour to have GlobalX Legal Solutions selected as a winner of the Innovation Award," says Maloney.

"Our work with Property Exchange Australia and the PEXA platform will revolutionise the way the property industry operates by bringing the process online, making it easier and more accurate for lawyers, settlement agents and home owners."

PEXA is a system that is focused on the electronic performance of a property settlement, both digitally and manually depending upon the preference of the user.

According to a GlobalX survey of 500 practitioners, 60 per cent say they intend to implement PEXA within the next two years, an indication of the system's popularity within the market.

"The knock-on effect of our work will not only future-proof our clients' business and maximise the availability of PEXA to market, but it will revolutionise the property industry and make the purchasing process a much less stressful event for the home buyer," says Maloney.

GlobalX employs 230 staff around the country and for the past 20 years has been viewed as an innovator within a traditionally mature market.


Latest News

2017 BRISBANE TOP COMPANIES REVEALED

WHILE Queensland is regarded as an economy in transition with the winding down of the mining boom, the 2017 top 50...

2017 BRISBANE TOP COMPANIES 1-10

FROM insurance and banking to travel, gambling, retail, property and pizza, these "heavyweights" have ha...

2017 BRISBANE TOP COMPANIES 11-20

RETAIL, property, an airline, cars, real estate, software services, energy, agriculture, veterinary services bathr...

2017 BRISBANE TOP COMPANIES 21-30

JEWELLERS Michael Hill International listed in 2016 with a half-billion dollar market capitalisation and a new CEO...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter