Cases

We supported a top 5 US bank to accelerate its Open Banking transformation journey by assessing and prioritising Open Banking capabilities to drive value creation with APIs across business lines​.

Challenge

• The client was looking for a bankwide strategy and business model for Open Banking to drive sustainable value creation from Open Banking​
• Further, the client required better understanding and insights in the maturity of its current Open Banking capabilities and how a roadmap would look like to improve its API product portfolio and developer portal experience to underpin additional funding request​

Approach

• The client was looking for a bankwide strategy and business model for Open Banking to drive sustainable value creation from Open Banking​
• Further, the client required better understanding and insights in the maturity of its current Open Banking capabilities and how a roadmap would look like to improve its API product portfolio and developer portal experience to underpin additional funding request​

Key results

• Common understanding on Open Banking business model, strategy and strategic objectives ​
• Detailed API and developer portal roadmap, incl. global comparative benchmark​
• Defined Open Banking transformation accelerators incl. partnership strategy, business development & monetisation, tech stack, operational support and operating model design