WANT ACCESS TO CONSUMER DATA?
Wych helps eligible businesses access consented Open Banking data in Australia and New Zealand. In Australia, businesses can access CDR data through a CDR Representative arrangement with Activate Wych Pty Ltd, an Accredited Data Recipient. In New Zealand, Wych supports businesses through the applicable Open Banking access, integration and onboarding process.
How to become a CDR Representative
Wych supports eligible businesses through each stage of becoming a CDR Representative, including assessment, due diligence, contracting, technical integration and registration.
Once the required onboarding and compliance steps have been completed, your business can be added to the official CDR Register under its arrangement with Activate Wych Pty Ltd.
Activation is subject to Wych’s eligibility, due diligence, contractual and compliance requirements. Businesses cannot access or use CDR data as a CDR Representative until their registration is complete.
Please check out the CRD representative factsheet for more information.
CDR Representative Requirements
What You’ll Need to Provide
Becoming a CDR Representative under Activate Wych Pty Ltd as your CDR Representative Principal requires your organisation to meet Wych’s onboarding and due-diligence requirements and demonstrate its ability to comply with the obligations applicable to CDR Representatives.
Examples of the information and evidence you may be asked to provide include:
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Information security frameworks and controls
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Privacy and consent-management processes
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Data-handling, use and storage protocols
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Governance and risk-management procedures
Wych will provide you with the relevant information and questionnaires and guide you through each stage of the process, so you understand what is required and what comes next.
Timeframe: Up to 8 weeks
Responsible: The Data Recipient
API Developer Agreement & Build
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Register your entity
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Sign the API Developer Agreement to access our API and interact with our software
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Wych will provide you with an account and API credentials to access the API
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Select an API package -Tier-based, invoiced monthly from contract date
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Build and validate the data you want to share including penetration testing

