The Conveyancing Association (CA), the trade body for the conveyancing industry, has announced Armalytix, the data intelligence firm and Open Banking platform, as its 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 and more effective Source of Funds and Wealth Checks.

It provides upfront financial fact finds, analysis, and Legal Eye-endorsed questionnaires which deliver the data, evidence and answers firms need to integrate into their workflows.

Earlier this year, 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 works with a growing number of Affiliate members offering the opportunity for engagement with its member firms via events and meetings, the provision of special offers, branding on promotional material and advertising through newsletters and merchandising material.

Armalytix will be taking part in future CA events throughout 2023 and appearing at next month’s Annual Conference & Dinner on the 7th February at Leonardo St Pauls in London.

Tom Lyes, head of legal & property at Armalytix, 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.”

Nicky Heathcote, non-executive chair of The Conveyancing Association, 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 workstreams and objectives. We’re sure Armalytix will be a key Affiliate member within the Association for many years to come.”