Kainos secures deal to build new digital land register
Belfast IT giant Kainos plc has won a major contract to digitise Land Registry records in England and Wales. The company, which employs around 967 people, will build a new register consolidating 326 local authority registers from around the UK into a single, digital register.
Land Registry registers ownership of land and property across England and Wales, safeguarding the ownership of land worth more than £4trn.
Kainos is digitising the Local Land Charges (LLC) Register, which informs home owners and potential buyers about issues such as tree preservation orders, listed building status and smoke control orders, which could affect their future home.
The new register will have around 26 million records, and producing it is expected to take a number of years. But it is expected that the register will be easily searchable and will make buying and selling houses easier.
Kainos divisional director Russell Sloan said: "Digitisation of the LLC Register will go a long way towards improving the ease of conducting property transactions in England.
"It is a true testament to the power of digital technology and will be an example to other public sector bodies.
"We very much look forward to kicking off the project and collaborating with Land Registry to develop a new way of working."
Kainos this week reported a 3% increase in adjusted pre-tax profits to £7m for the first half of the latest financial year. Overall revenue for the same period was up 9% from £37.2m on the same period a year earlier to £40.6m.
The company confirmed that it had grown its presence in central and regional government with both existing and new customers.
Kainos chief executive Brendan Mooney was recently named EY Entrepreneur of the Year in Ireland, following in the footsteps of First Derivatives' Brian Conlon, who won the title in 2010. First Derivatives is Northern Ireland's only other listed company.
Kainos has seven offices, in the UK, Ireland and Poland, and is based at Upper Crescent in south Belfast.