The Best Investment for Your Business: Why Adatree is the Premium Choice in CDR

When it comes to choosing an Open Banking or Open Energy CDR provider, not all offerings are equal and your decision could cost you time, resources, financially and put you at risk. Adatree is proud to be a premium provider in this space, offering unmatched quality, security, innovation, support and partnership. While others might charge less, with Adatree you truly get what you pay for – a comprehensive, future-proof solution that is built with your business’ success at its core.

We proudly excel in three categories:

1. Risk and Compliance
2. Technology
3. Support and Partnerships

1. Risk and compliance: a fortress of security

In the world of the Consumer Data Right (CDR), risk management and compliance are non-negotiable. Adatree was built with compliance at its core, ensuring that your business can move quickly while decreasing your risk.

• Comprehensive risk management: With the CDR Rules, we are incredibly focused on ensuring we do the right thing, always. That means that companies who are too risky aren’t the customers for us. Why so? Being a CDR intermediary is a network effect – the regulator regularly does reviews and investigations, and if you’re doing the wrong thing, you can be suspended or have your accreditation revoked. That posts a business continuity risk for all clients, if there’s one bad egg in the basket. Our third party compliance tracker and third party management framework detail our well thought out risk appetite and management, where we strictly follow and adhere to this. This means that we are confident in our compliance, always, and our customers know there’s no risk in accessing data through us.
• Compliance expertise: Adatree’s deep regulatory understanding positions us as a leader in the industry. Our team sits on Australia’s Data Standards Advisory Committee, actively shaping the regulatory landscape and ensuring our platform meets every new standard. With our 5+ years of experience as CDR pioneers, we know the Rules, Standards and CX Guidelines incredibly in depth.
• Automated compliance: Our platform automates compliance processes, so you don’t have to worry about manual updates or falling behind on regulations. This automation not only keeps your business safe but also speeds up your operations, getting you to market faster.
• Secure by design: With Adatree, security is embedded in every layer. From encryption to secure APIs, we ensure that your data and operations are protected against any potential threats. While we are regulated, our modern architecture and implementation of design controls are best of breed for managing data and risk.

2. Technology: unparalleled innovation and flexibility

Adatree’s technological superiority is unmatched in the market. Our platform is designed to be flexible, scalable and – most importantly! – future-proof.

• One integration, endless possibilities: Integrate with Adatree’s API once and you’ll gain access to every CDR data source in every industry without any heavy lifting. This reduces costs, saves time and significantly improves your customer experience and operational efficiency.
• Industry-leading features: Our platform supports a full consent lifecycle, with capabilities to create, amend, expire, manage and revoke consents. Additionally, our white-labelled dashboard, sandbox environments and real-time data access ensure that your business remains agile and responsive.
• Scalability and flexibility: Whether you’re a small business or a large enterprise, Adatree’s platform scales with you. We support every access mode, including ADRs, CDR representatives, trusted advisers and business consents, ensuring that we meet your unique needs no matter your size or industry.

Premium features, out-of-the-box

Our platform is designed to be comprehensive, providing you with a range of advanced features that work seamlessly from the moment you integrate.

• Full consent lifecycle management: Adatree offers complete support for the entire consent lifecycle. This includes creating, amending, expiring, managing and revoking consents. Our platform ensures that your business remains compliant and agile, handling every aspect of consent with precision and ease.
• White-labelled dashboard: We offer a fully customisable dashboard that can be branded to fit seamlessly into your existing systems. This includes both sandbox and production environments, allowing you to test and implement solutions with confidence.
• Real-time data access: Our platform provides access to every data source in banking and energy, including both individuals and companies. Data collection is event-driven, meaning you can gather insights in seconds, keeping your operations fast and efficient.
• Advanced API integration: Adatree’s APIs are intuitive, well-documented, and designed for rapid integration. We offer a range of API-driven use case definitions and a webhook API for lifecycle events, giving your tech team the tools they need to succeed.
  Audit and compliance tools: Our platform includes a comprehensive audit trail across all consent lifecycle events, ensuring you are always in compliance with the latest CDR standards. Additionally, our platform is automatically updated to stay compliant with CDR CX Standards, so you never have to worry about falling behind.

Flexible, scalable platform configurability

Adatree’s platform isn’t just powerful – it’s also incredibly flexible and scalable, designed to grow with your business and adapt to your evolving needs.

• Configurable consent and authentication: Our platform allows you to tailor the consent process to your needs, including options for static or dynamic redirect choices, consent types (use, collection, disclosure, de-identification), and customisable consent durations. You also have the choice of using your own identity provider (IDP) or Adatree’s IDP, with options for OTP or magic link authentication.
• Branded experience: You have the freedom to brand every aspect of the user experience, from the consent dashboard to email themes. Adatree’s branding is only shown where legally required, ensuring a seamless experience for your customers.
• Deep customisation options: Our platform supports deep links, pre-select use cases, and allows you to manage data holder connections through an allow list. You can also configure the platform for specific industries or data clusters, ensuring it meets your unique requirements.
• Developer-friendly tools: We provide a robust set of tools for your tech and business teams, including a management console that allows you to monitor consent trends, manage active or expired consents, and view all data holder statuses and product reference data. This console is also equipped with analytics for debugging and performance analysis, making it easier than ever to optimise your operations.

3. Support and partnerships

Choosing Adatree means choosing a team committed to your success. We offer unmatched support and expertise throughout your CDR journey.

Award-winning tech, award-winning team: Our team of industry experts brings together decades of experience in product strategy, innovation, regulatory partnership management, and engineering. We are dedicated to ensuring your CDR journey is smooth and successful.

Comprehensive onshore support: From commercial and implementation support to ongoing technical assistance, Adatree provides 24/7 onshore support to ensure your operations run smoothly. Our strong SLAs guarantee high uptime and quick resolution times, so you’re never left in the dark.

Future-proofing through customer influence: Many of our roadmap features are directly influenced by feedback from our customers. This means that as your needs evolve, so does our platform. We are committed to ensuring that Adatree remains at the forefront of the CDR industry offerings, driven by the real-world needs of the businesses we serve.

Partnerships in our platform DNA: We have strong relationships with our partners – from auditors and infrastructure providers to technology providers that enrich data and energy comparison engines. We also support OSP (Outsourced Service Providers) – from a legal perspective in our CDR Policy and also technical integrations through the Adatree Exchange, for ourselves and our Representatives.

Key questions to ask when choosing a CDR provider

1. When evaluating CDR providers for Open Banking and/or Open Energy , it’s essential to ask the right questions to ensure you’re making a sound investment. Here are some critical questions to consider:
2. How does the provider ensure compliance with the latest regulations?
3. What level of security does the platform offer?
4. Is the platform scalable and flexible enough to meet your future needs?
5. What kind of support does the provider offer?
6. Does the provider have a proven track record of innovation and reliability?
7. How quickly can the provider integrate new data sources and keep up with industry changes?
8. What is the total cost of ownership, including hidden fees and long-term costs?
9. How long has the company been accredited for and do they have clients that are live in market under their CDR platform?
10. Are they committed to the CDR roadmap and do they currently support all industries?

Choosing Adatree is not just about selecting a service – it’s about securing a partner dedicated to your business’s growth and success. Our premium offering reflects the immeasurable value and peace of mind you receive. Buy cheap, buy twice. Invest in the best technology, risk posture and support.

If you’re ready to speak to the leaders in Australia’s Open Data framework – the Consumer Data Right – reach out to our team for a free demo.