Description

In this episode of the Digital Disruption Podcast, hosts Pete Gatenby and Chris Williams delve into the role of standardised, shareable data in transforming the home buying and selling process.

The discussion focuses on how the adoption of "Horizontal Digital Integration" (HDI) and data standards can significantly streamline transactions, reduce redundancy, and improve customer experiences in the UK property market.

Key points include:

• The Digital Disruption Newsletter: This monthly publication provides insights on digital transformation in home buying and selling.
• Importance of Data Standards: Implementing reusable data standards can eliminate repetitive tasks, like multiple ID checks, accelerating transaction times and enhancing efficiency.
• Benefits to Stakeholders: Lenders, brokers, and other actors stand to gain from increased predictability and interoperability. For example, lenders can better predict closing dates, enhancing customer experience and opening new revenue opportunities.
• Practical Steps for Industry Actors: The episode encourages stakeholders to map their data processes, collaborate within the ecosystem, and invest in technology upgrades to remain competitive.

Listeners are also invited to join the live recording event on December 5th 2024, celebrating the 50th episode of the podcast.

For more insights, visit our website or connect with us on LinkedIn.

To connect with Pete on LinkedIn visit - Pete's LinkedIn profile

To connect with Chris on LinkedIn visit - Chris's LinkedIn profile

For more insights and assistance in your digital transformation, visit https://www.novus-strategy.com/ and connect with us on LinkedIn at https://www.linkedin.com/company/novus-strategy/ or email us at hello@novus-strategy.com.