The Conveyancing Association (CA) has announced that Open Banking platform, Armalytix, has joined as the body’s latest affiliate member.

Armalytix allows clients of legal firms to safely share Open Banking and other data to deliver financial insights, helping conveyancers conduct faster source of funds and wealth checks.

In 2022, Armalytix was selected to be an attribute provider for the government-backed MyIdentity scheme, to help create a digital record of identification and source of funds.

The CA, the trade body for the conveyancing industry, works with its member firms via events and meetings, the provision of special offers, branding on promotional material as well as advertising through newsletters and merchandising material.

Head of legal and property at Armalytix, Tom Lyes, said: “We have been working with the biggest and best in the conveyancing space so partnering with the innovative and respected CA was the logical next step.

“We are at the forefront of driving change when it comes to using cutting-edge technology to help redefine the source of funds experience for both law firms and clients and working with the forward-looking CA can only help to further benefit everyone in the conveyancing world.”

Non-executive chair of the CA, Nicky Heathcote, added: “We are very pleased to welcome Armalytix as the CA’s newest Affiliate member and are looking forward to working with them, introducing the firm to our members, and seeing them take a full part in the Association’s events and next month’s conference.

“Becoming an Affiliate member shows the importance stakeholders place upon the conveyancing sector and the central role the CA plays within it, while all our affiliates provide insight and resource which helps us drive our work streams and objectives. We’re sure Armalytix will be a key affiliate member within the Association for many years to come.”

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