Foster Moore and Bundesanzeiger Verlag have formed a joint venture, GRX, to connect business registers across jurisdictions.
GRX, short for Global Registry Exchange, has been set up by the Auckland-based registry technology company and the German publisher of the country's official federal gazette. The initiative is designed to make it easier for registry authorities to exchange authoritative information across borders while retaining control of their own systems and data.
The venture brings together a New Zealand company with a long history in registry systems and one of Germany's central registry and publication operators. Foster Moore supports registers in 21 jurisdictions, while Bundesanzeiger Verlag operates infrastructure including Germany's Company Registry and its beneficial ownership registry platform.
GRX is being built as a shared exchange layer for participating registry authorities rather than a central database. Authorities using the platform would decide which services to make available, who can access them, and what conditions or charges apply.
The structure is intended to address a longstanding problem in cross-border registry access. Business registers hold information used for commercial activity, regulation and public trust, but international access can be difficult because systems vary between jurisdictions and integrations are often built one by one.
One example is company verification across borders. A register in one country may need to confirm company information held in another, and GRX is intended to simplify finding available services, submitting requests and receiving responses from the relevant register.
The platform is currently in pilot and testing with participating registers. Those trials are being used to validate the model and guide further development.
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