The new organization is planned to be a not-for-profit, international, standards organization leading the development of standards for real estate commerce and real property operations and is looking to be in place as of January 1st 2010. OSCRE Americas and PISCES members will automatically transfer to OSCRE International and receive its benefits.
OSCRE and PISCES have formed a Transitional Board made up of three directors from the Executive Membership of each organization and overseen by an independent chair.
The Transitional Board bring high levels of expertise to the task of creating the new organisation and its members represent a range of relevant interests. The board will call upon further voluntary effort from the Membership to assist with business planning.
Stephen Spooner, Chairman of PISCES and Transitional Board representative comments, “Our intention has always been to serve the whole real estate industry, which is as global as it is local. Now more than ever we must enable the improvements in efficiency and transparency that are required with an absolute clarity of purpose. Our membership needs to know that standards will be consistent wherever they are doing business and a single organisation is the only way to meet that need.
Bruce Kellogg, Chair of OSCRE Americas, states “ The merger of PISCES and OSCRE Americas would be a step forward for these two organizations that have already been affiliated for several years, but it is an even greater step forward for data standards overall. Our main mission to create an efficient workplace is met in every way through this initiative. With the impending completion of this process, we will truly see the globalization of real estate and the benefits that will be derived.”
About the Open Standards Consortium for Real Estate (OSCRE) Americas
Headquartered in Washington, D.C., as a 501(c)(6) non-profit organization, OSCRE’s mission is to effectively facilitate the standards development process among key real estate stakeholders, including owners, tenants/occupants, investors, operators, tenants, developers, service providers, regulatory agencies, consulting firms, vendors and suppliers — to benefit all stakeholders and enable the real estate industry to function more efficiently in the digital economy. Supporting member organizations of OSCRE Americas represent in excess of $2.1 Trillion in Real Estate Assets, 12.3 Billion Square Feet of Floor Space and 1,370,500 association members. For more information please visit our website at http://www.oscre.org.
About PISCES/OSCRE EMEA
PISCES is a not-for-profit market led initiative that facilitates increased business productivity through the development of standards across the property sector.
The rapid adoption of e-business is vital to the prosperity of the property industry. PISCES not only provides the forum for driving forward e-business, but also delivers the means. The organisation is funded by its Members, whose valued financial and professional contribution enables the continuation of the work of PISCES.
Standards are created using the PISCES Standards Development Framework, which translates Business Processes within the property industry into workable, standard information models that can be exchanged in XML format. PISCES has set up democratic Workgroups to facilitate this process, providing the resources (tools, templates, processes and staff) to assist Members in achieving this goal and ensuring the process operates efficiently, quickly and with consistency.
PISCES is the co‐founder and EMEA Region Member of OSCRE International (Open Standards Consortium for Real Estate) – the only global e‐commerce standards body for the property industry.
The PISCES website is at: www.pisces.co.uk
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