SlideShare a Scribd company logo
1 of 12
Download to read offline
5 Questions You Should Be Asking To
Simplify Open Banking Success
… and Their Answers
January 2021
Seshika Fernando
Vice President & General Manager - Open Banking, WSO2
seshika@wso2.com
What does innovation look like?
2
WSO2 Inc. Copyright © 2020 All rights reserved. This document or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of WSO2.
3
So many questions 🤔
4
5
700+ Employees 500+ Customers Global Presence
Founded in 2005 Growth Financial Services Focus
WSO2 Inc. Copyright © 2020 All rights reserved. This document or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of WSO2.
Proven Partner to Global Banks
6
Asking the right questions
7
8
Cut costs & do more
Scale new revenue streams
Onboard new customers
Deliver personalized customer experiences
Keep ahead of digital disruption
Achieving
Business Goals
Through
Open Banking?
9
Which Questions Should You Be Asking?
INTERNAL ALIGNMENT
“Are our teams set up to make the most
of digitization & collaboration?”
TECHNOLOGY
“What do we need to deploy
& how do we do it best?”
BUSINESS GOALS
Which business
goals can we best
achieve through
open banking?
ECOSYSTEM
“How do we choose & work with the best
fintech firms & other partners?”
INNOVATION
“Which consumer problems should we solve
& how do we scale new solutions?”
STANDARDS
“Why should we consider standards and
how should we approach compliance?”
10
Answering All Your Questions
Commercially Successful
Open Banking
API Management IAM
Integration
& Legacy Override
Analytics
Technology
Open Banking Capabilities
Discovery
Design
Workshop
Technology & Process Implementation
Engage the
Ecosystem
Technology & Strategic Consultancy
Comprehensive technology
and strategic consultancy
helping banks of all sizes
execute standards-compliant,
commercially successful
open banking initiatives.
The WSO2 Advantage for Open Banking
11
Consultancy services built on delivering
open banking & mission critical solutions
to global financial services leaders
Cost-effective without
compromising on rich experience
API templates & security profiles
complying with global standards
AUS | UK | EU | BR | MX | FAPI
Microservices, containers & beyond
to future-proof your customer offerings
Built on industry-leading API platform to
enable impactful collaboration with fintech
firms & generate new commercial opportunities
Leader in The Forrester Wave™: API Management Solutions, Q3 2020 Report
Recognized in integration & IAM by Forrester, Gartner & KuppingerCole
A Comprehensive technology
& services solution guiding you to
open banking-driven digital maturity
Thanks!
seshika@wso2.com

More Related Content

More from WSO2

WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & Innovation
WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & InnovationWSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & Innovation
WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & InnovationWSO2
 
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open Source
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open SourceWSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open Source
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open SourceWSO2
 
WSO2CON 2024 Slides - Open Source to SaaS
WSO2CON 2024 Slides - Open Source to SaaSWSO2CON 2024 Slides - Open Source to SaaS
WSO2CON 2024 Slides - Open Source to SaaSWSO2
 
WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?WSO2
 
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...WSO2
 
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and Applications
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and ApplicationsWSO2CON 2024 - Architecting AI in the Enterprise: APIs and Applications
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and ApplicationsWSO2
 
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...WSO2
 
WSO2CON 2024 - Software Engineering for Digital Businesses
WSO2CON 2024 - Software Engineering for Digital BusinessesWSO2CON 2024 - Software Engineering for Digital Businesses
WSO2CON 2024 - Software Engineering for Digital BusinessesWSO2
 
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...WSO2
 
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of Transformation
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of TransformationWSO2CON 2024 - Designing Event-Driven Enterprises: Stories of Transformation
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of TransformationWSO2
 
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!WSO2
 
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...WSO2
 
WSO2CON 2024 - How to Run a Security Program
WSO2CON 2024 - How to Run a Security ProgramWSO2CON 2024 - How to Run a Security Program
WSO2CON 2024 - How to Run a Security ProgramWSO2
 
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...WSO2
 
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...WSO2
 
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...WSO2
 
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2
 
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2
 
WSO2CON 2024 - Building a Digital Government in Uganda
WSO2CON 2024 - Building a Digital Government in UgandaWSO2CON 2024 - Building a Digital Government in Uganda
WSO2CON 2024 - Building a Digital Government in UgandaWSO2
 
WSO2CON2024 - Why Should You Consider Ballerina for Your Next Integration
WSO2CON2024 - Why Should You Consider Ballerina for Your Next IntegrationWSO2CON2024 - Why Should You Consider Ballerina for Your Next Integration
WSO2CON2024 - Why Should You Consider Ballerina for Your Next IntegrationWSO2
 

More from WSO2 (20)

WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & Innovation
WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & InnovationWSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & Innovation
WSO2CON 2024 - OSU & WSO2: A Decade Journey in Integration & Innovation
 
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open Source
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open SourceWSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open Source
WSO2CON 2024 - Freedom First—Unleashing Developer Potential with Open Source
 
WSO2CON 2024 Slides - Open Source to SaaS
WSO2CON 2024 Slides - Open Source to SaaSWSO2CON 2024 Slides - Open Source to SaaS
WSO2CON 2024 Slides - Open Source to SaaS
 
WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?
 
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...
WSO2CON 2024 - IoT Needs CIAM: The Importance of Centralized IAM in a Growing...
 
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and Applications
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and ApplicationsWSO2CON 2024 - Architecting AI in the Enterprise: APIs and Applications
WSO2CON 2024 - Architecting AI in the Enterprise: APIs and Applications
 
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...
WSO2CON 2024 - WSO2's Digital Transformation Journey with Choreo: A Platforml...
 
WSO2CON 2024 - Software Engineering for Digital Businesses
WSO2CON 2024 - Software Engineering for Digital BusinessesWSO2CON 2024 - Software Engineering for Digital Businesses
WSO2CON 2024 - Software Engineering for Digital Businesses
 
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...
WSO2CON 2024 - Navigating API Complexity: REST, GraphQL, gRPC, Websocket, Web...
 
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of Transformation
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of TransformationWSO2CON 2024 - Designing Event-Driven Enterprises: Stories of Transformation
WSO2CON 2024 - Designing Event-Driven Enterprises: Stories of Transformation
 
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!
WSO2CON 2024 - Not Just Microservices: Rightsize Your Services!
 
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
 
WSO2CON 2024 - How to Run a Security Program
WSO2CON 2024 - How to Run a Security ProgramWSO2CON 2024 - How to Run a Security Program
WSO2CON 2024 - How to Run a Security Program
 
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...
WSO2CON 2024 - Building the API First Enterprise – Running an API Program, fr...
 
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...
WSO2CON 2024 - Lessons from the Field: Legacy Platforms – It's Time to Let Go...
 
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...
WSO2CON 2024 - API Management Usage at La Poste and Its Impact on Business an...
 
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
 
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public AdministrationWSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
WSO2CON 2024 - How CSI Piemonte Is Apifying the Public Administration
 
WSO2CON 2024 - Building a Digital Government in Uganda
WSO2CON 2024 - Building a Digital Government in UgandaWSO2CON 2024 - Building a Digital Government in Uganda
WSO2CON 2024 - Building a Digital Government in Uganda
 
WSO2CON2024 - Why Should You Consider Ballerina for Your Next Integration
WSO2CON2024 - Why Should You Consider Ballerina for Your Next IntegrationWSO2CON2024 - Why Should You Consider Ballerina for Your Next Integration
WSO2CON2024 - Why Should You Consider Ballerina for Your Next Integration
 

Recently uploaded

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsJoaquim Jorge
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsRoshan Dwivedi
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...apidays
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProduct Anonymous
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024The Digital Insurer
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityPrincipled Technologies
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)wesley chun
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FMESafe Software
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MIND CTI
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 

Recently uploaded (20)

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 

5 Questions You Should Be Asking To Simplify Open Banking Success and Their Answers

  • 1. 5 Questions You Should Be Asking To Simplify Open Banking Success … and Their Answers January 2021 Seshika Fernando Vice President & General Manager - Open Banking, WSO2 seshika@wso2.com
  • 2. What does innovation look like? 2
  • 3. WSO2 Inc. Copyright © 2020 All rights reserved. This document or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of WSO2. 3
  • 5. 5 700+ Employees 500+ Customers Global Presence Founded in 2005 Growth Financial Services Focus
  • 6. WSO2 Inc. Copyright © 2020 All rights reserved. This document or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of WSO2. Proven Partner to Global Banks 6
  • 7. Asking the right questions 7
  • 8. 8 Cut costs & do more Scale new revenue streams Onboard new customers Deliver personalized customer experiences Keep ahead of digital disruption Achieving Business Goals Through Open Banking?
  • 9. 9 Which Questions Should You Be Asking? INTERNAL ALIGNMENT “Are our teams set up to make the most of digitization & collaboration?” TECHNOLOGY “What do we need to deploy & how do we do it best?” BUSINESS GOALS Which business goals can we best achieve through open banking? ECOSYSTEM “How do we choose & work with the best fintech firms & other partners?” INNOVATION “Which consumer problems should we solve & how do we scale new solutions?” STANDARDS “Why should we consider standards and how should we approach compliance?”
  • 10. 10 Answering All Your Questions Commercially Successful Open Banking API Management IAM Integration & Legacy Override Analytics Technology Open Banking Capabilities Discovery Design Workshop Technology & Process Implementation Engage the Ecosystem Technology & Strategic Consultancy Comprehensive technology and strategic consultancy helping banks of all sizes execute standards-compliant, commercially successful open banking initiatives.
  • 11. The WSO2 Advantage for Open Banking 11 Consultancy services built on delivering open banking & mission critical solutions to global financial services leaders Cost-effective without compromising on rich experience API templates & security profiles complying with global standards AUS | UK | EU | BR | MX | FAPI Microservices, containers & beyond to future-proof your customer offerings Built on industry-leading API platform to enable impactful collaboration with fintech firms & generate new commercial opportunities Leader in The Forrester Wave™: API Management Solutions, Q3 2020 Report Recognized in integration & IAM by Forrester, Gartner & KuppingerCole A Comprehensive technology & services solution guiding you to open banking-driven digital maturity