[ARCHIVE] How long will the on-boarding process take?

Note: This article is out of date and has been archived.

Please refer to the Participant on-boarding guide for the latest information on timings.

Archived Text

Completing the on-boarding process will depend on the readiness of the participant as well as the maturity of their software solution. Accurate and complete information supplied during the process, as well as prompt acceptance of the required agreements, also contribute to the time taken to on-board. 

It is expected that, by the time a participant is ready to on-board, they have undertaken their own internal quality assurance of their software solution to ensure that it is capable of complying with the requirements in the Consumer Data Right Rules and Standards.

When preparing for conformance testing, participants may need to undertake various changes to their technical environment (such as IP address whitelisting and certificate configuration) to enable communication between the Consumer Data Right Conformance Test Suite and the participant’s test IT environment. The time participants take to make these changes also contributes to overall on-boarding timeframes, as well as the ability to diagnose and resolve issues that may occur during testing activities.

A proposed timeframe is outlined in the table below. This information is a guide only, as the ability for each participant to move through each step of the process is variable and dependent on their own internal procedures and practices.

Participant type	Portal access	Accreditation / registration	On-boarding
Data recipient	within 3 business days	within 2-3 months*	1-3 months
Data recipient (who is an ADI)	within 3 business days	within 4 weeks**	1-3 months
Data holder	ACCC will notify when access can be requested for the purpose of registering as a data holder		2-3 months***

* Estimate based on early experience, likely to change in the future. Shortened timeframe expected when accurate and complete information provided at the start of the accreditation process

** Streamlined accreditation as an Authorised Deposit-Taking Institution (ADI)

*** Data holders have obligations to meet which may involve additional time and effort during testing