Data Sharing in Finance: Open Banking, CDR, and Beyond

Open Banking is a government and regulator-led concept that mandates banks share consumer data in a machine-readable way so consumers can access and safely transfer their banking data to trusted parties. The goal is to reduce the friction of changing financial service providers and to spur innovation. Open Banking is part of the move toward an “Open API Economy,” where services are exposed as APIs to internal departments, partners, or public developers. Part of Open Banking and the larger Consumer Data Standards work, the Australian Consumer Data Right (CDR) represents massive opportunities for those able to respond, as well as massive risks for noncompliance.

 

TIBCO has helped many global organizations comply with similar legislation, and we can also help yours respond and thrive in the new Open Banking environment.

 

This whitepaper explains how financial organizations need to react to help ensure compliance, deliver transparency, and adopt new business models through a unified company data management solution, one with integrated data privacy & risk analysis, data governance & master data management, data virtualization, and API management.

Success with TIBCO:

3 Months

Time to learn Spotfire and develop the first analysis model

9 Months

ROI payback time

Télécharger le livre blanc

Pour confirmer votre inscription, TIBCO Software Inc. et   toutes les entités TIBCO (désignées par “TIBCO”) ont besoin de collecter les données personnelles ci-dessous. En vous inscrivant à cette opération une ressource TIBCO, vous consentez à ce que TIBCO traite ces données et vous contacte par courriel, téléphone ou médias sociaux avec des informations relatives à l'opération.