Veda enters into strategic alliance with NECDL
Consumer and commercial data and intelligence company Veda has entered into a strategic alliance with NECDL (National e-Conveyancing Development Limited), the company responsible for delivering a national electronic conveyancing solution to the Australian property industry.
The alliance, announced this week, is being promoted by Veda as enabling its customers to access Australia's new property exchange, PEXA, through Veda's on-line portal, VedaCheck.
VedaCheck provides lenders, lawyers and other professionals involved in mortgage and conveyancing processes integrated access to data to support search and assessment requirements for property settlements.
Veda chief executive Neria Caesar said the strategic alliance would simplify property transactions for the company's customers.
"Lenders, conveyers and lawyers now not only have access to property, commercial and consumer data through VedaCheck; in the future they will also be able to complete the exchange of property," she said.
Recommended for you
Financial advisers are reminded to ensure their CPD is up to date with the Financial Services and Credit Panel making its second determination in a week after an adviser failed to meet the requirements.
An adviser has received a written reprimand from the Financial Services and Credit Panel after failing to meet his CPD requirements, the panel’s first action since June.
While efficiency remains a top priority for Australian advisers, State Street has revealed the profession is now juggling this desire with the need to maintain personalisation of its service offering.
A possible acquisition of data provider Iress is becoming a greater likelihood after the firm announced it is engaging with multiple interested parties.
