Rialto has joined the Royal Institute of Chartered Surveyors Tech Affiliate Program.
The Tech Affiliate Program (TAP) has been designed to promote the adoption of technology across the real estate industry, benefiting both RICS professionals and the wider market.
Rialto said: “TAP presents Rialto and other like-minded technology firms with a unique opportunity to contribute towards the ongoing evolution of the property technology industry, increasingly referred to by people both within and outside of the industry as proptech.
“The launch of the RICS Tech Affiliate Program demonstrates just how far the industry has come in the adoption of technology and recognising the role it plays and we are delighted to not only be part of the program but to have played a pretty major role in reaching this point.
“When Rialto initially launched in 2015, many professionals were still sceptical about the role that technology could play in both increasing efficiencies all cross the board and improving performance by making better use of data and it’s fair to say some possibly feared technology seeing it as the enemy.
“Today we are witnessing increased interest and adoption of technology like ours across in all subsets of the commercial property industry with both the agencies and the professional property investors and it’s great to see that RICS, the body representing the profession, is throwing its weight behind property technology with the launch of this innovative program.”
Speaking about the launch of the program and about technology Dan Hughes, director of data products at RICS, said: “Data and Technology has been used for many years across the built environment and has, to a degree, changed how we do things.
“However more recently we are seeing a faster and faster pace of change to the built environment and how professionals carry out their roles. In recognition of this change and the importance that technology companies are having on our sector, we are delighted to be launching the TAP.
“The purpose of the program is to support awareness and thought leadership across the sector, specifically relating to the impact of technology and to support professionals with the adoption of standards.”