I had not read that "Interoperability was not considered during PEXA’s foundation".
Thanks for that info.
Surprising project omission or maybe it was conveniently descoped as no interoperability is a huge advantage for PEXA combined with their first mover advantage and an IT development that works (an investment moat).
Now Pexa have downed tools on interoperability they can make it challenging to resurrect.
Pexa's partnership with National Westmister bank in the UK is significant as they are one of the main high street banks.
The UK is the main driver for growth in my opinion as so many properties.
After the UK there is Canada as they use the same underlying Torrens property title system as Australia and the UK.
I had not read that "Interoperability was not considered during PEXA’s foundation".
Thanks for that info.
Surprising project omission or maybe it was conveniently descoped as no interoperability is a huge advantage for PEXA combined with their first mover advantage and an IT development that works (an investment moat).
Now Pexa have downed tools on interoperability they can make it challenging to resurrect.
Pexa's partnership with National Westmister bank in the UK is significant as they are one of the main high street banks.
The UK is the main driver for growth in my opinion as so many properties.
After the UK there is Canada as they use the same underlying Torrens property title system as Australia and the UK.
https://parlinfo.aph.gov.au/parlInfo/download/committees/reportrep/RB000263/toc_pdf/BetterCompetition,BetterPrices.pdf
Read on page 201 (interoperability and risk or something along those line)