Australia’s Consumer Data Right has taken another major step forward, with Open Energy going live and consenting data sharing starting to flow. By extending the CDR beyond the banking sector, Australia is for the first time taking the notion of an economy-wide, regulated, consent driven data sharing ecosystem from theory to practice.
It’s official – Action Initiation is here! The Treasury just released the first draft of the changes to the legislative framework needed for the much anticipated Action Initiation component of the Consumer Data Right.
It’s been almost a full year since the new CDR access models were introduced into CDR legislation, and it is already clear that the CDR Representative model has been the biggest hit.
Any savvy business executive (or the technical teams who support them) will tell you that choosing the wrong service provider can cause a lot of long-term pain. You could get locked into an expensive contract or have to commit extra resources to prop up an under-performing partnership.
As of February 25, 2021, Adatree is officially accredited as an Accredited Data Recipient (ADR) by the ACCC. Adatree is the first startup to be accredited, the first company accredited with a female CEO, and the first purely CDR-focused technology provider.
Adatree is a Consumer Data Right technology provider of turnkey solutions to access and leverage CDR data, working with other companies to accelerate their own journey as an Accredited Data Recipient.
You want to build data-driven customer propositions, so how do you source that data? Historically it has been through screen scraping, but the introduction of the Consumer Data Right in Australia introduces a more reliable, customer-centric and comprehensive way to share data.
Adatree acknowledges Aboriginal and Torres Strait Islander peoples as the traditional owners of our lands throughout Australia. Our headquarters are located on the lands of the the Gadigal people of the Eora Nation. We pay our respect to their culture and to Elders past, present and emerging.
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NSW 2010
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