Nokkel, the house wealth and fintech platform, has announced its membership of the Open Property Data Association (OPDA), the UK’s trade association dedicated to creating and driving adoption of trusted, open property data.
The OPDA, founded in June, aims to speed up the digitalisation of the property sector through the industry-wide adoption of open property data and technology standards. It has set out to create an open data and digital property economy which will improve the ease, accuracy and transaction experience for consumers and property industry professionals. The association has already delivered a property data trust framework.
As the association’s newest member, Nokkel will be at the forefront of efforts to develop a more open and connected property data ecosystem for homeowners and financial institutions who want to support their clients to do more with their property wealth.
“We’re excited to join the OPDA and collaborate with industry leaders to shape the future of property data and technology,” said Roland Whyte, founder and CEO of Nokkel.
“The rate at which technology improves is accelerating, and the way we use data is changing. We want to empower consumers and financial institutions to make better financial decisions based on validated and consolidated property data and bring the worlds of property and financial solutions closer together. We’re delighted that the OPDA sees a partner in Nokkel and hope to collaborate on ways that our technology can help to further its aims.”
Nokkel brings a combination of technology and data to the OPDA community, reinforcing the association’s commitment to fostering innovation and driving positive change in the real estate industry.
“We are very excited to welcome Nokkel as a member. It shares our goals and is able to contribute its experience, financial services perspective and commitment to improving data transparency and efficiency in the UK property market,” added Maria Harris (pictured), chair of the OPDA.
“Transforming the property sector through innovative thinking and harnessing technology in new ways needs the contributions of firms like Nokkel who are already making great strides in the space.”