The definitive guide to CDR access models
On 30 September 2021, Treasury published its highly anticipated v3 rules amendments. It includes what has come to be known as tiered accreditation – new models to access CDR data in addition to the existing unrestricted Accredited Data Recipient model.
These rules are meant to drive adoption by creating a thriving ecosystem of CDR participants, delivering valuable use cases to consumers and businesses. They offer lower barriers to entry, limited access models and ways to share liability and responsibilities between participants.
The different models include:
- Unrestricted ADR (existing)
- Sponsorship model
- Representative model
- Collecting Outsourced Service Providers (COSP)
- Trusted adviser
- CDR insights
With 5 new models to get access to CDR data (plus the existing one) it can be difficult to figure out what’s right for you.
Which CDR access model is right for your business?
Frollo and RSM Australia have collaborated to create a practical guide to tiered accreditation.
- Timeline for implementation
- CDR access model cheat sheet
- Helping you choose, the effort per model and your next steps
- A detailed look at each of the models
Download the free guide to get started right away.
Other CDR Resources
As a leader in Open Banking in Australia, Frollo has published a number of reports, explainers, checklists and infographics to help grow the Consumer Data Right ecosystem.
You’ll find a selection of these resources below.
The state of Open Banking in Australia
An overview of challenges and opportunities in Open Banking, based on surveys and interviews.
Whitepaper: CDR the Gamechanger
What is the Consumer Data Right and what does it mean for businesses and consumers?
The Frollo ADR checklist
An easy overview of what to do and think about when applying to become an ADR.
Open Banking and financial wellbeing
Our Founder & CEO Gareth Gumbley speaks about how Open Banking can help improve financial wellbeing.
5 questions about Data Holder Testing
Our CIO Tony Thrassis answers the five most frequently asked questions about Data Holder Testing.
Infographic: The state of Open Banking in Australia
Infographic highlighting the key insights from our 2020 report on the State of Open Banking.
Who we're working with
Frollo is an Open Banking intermediary. We help banks, lenders, fintechs and other organisations use Open Banking and AI to deliver better customer experience.
Clients like ANZ and P&N Group use Frollo’s market leading Open Banking platform to power their CDR experiences.