Financial services firms recognise the tremendous opportunities open banking provides to digitally transform, drive innovation, create a partner-services ecosystem, and unleash new business models to power growth. What’s less clear is how banks can take full advantage of those opportunities without exposing themselves to undue risk and costs.
Capgemini can help the banks assess this new landscape and identify the strategic considerations every organization must make for Open Banking. We can help you actively engage as a digital-first provider of solutions.
Capgemini’s Open Banking platform is a proven API-enabled platform that is currently delivering secure, market-leading advantage to our clients. As one of the critical building blocks underpinning Inventive Banking, the open platform allows clients to harness new technologies to rapidly build and test your own unique, innovative propositions. Open Banking platform’s features include:
- API Sandbox that allows third party providers and developers an open experimentation space to build and test new open APIs
- Customizable platform with a flexible, layered architecture; each layer can be scaled, managed and upgraded independently
- Leading AI and automation capabilities including Capgemini SMART Analytics platform enabling banks to become intelligent, open enterprises that are banks of the future
- Ability to support full end-to-end propositions or specific services, such as Know Your Customer (KYC) or onboarding
Additionally, banks can access Capgemini’s innovation ecosystem—a broad range of collaborative partners and FinTechs—through our Applied Innovation Exchange platform and Capgemini’s ScaleUp Qualification program.