This deck explores a structured methodology to achieve compliance and business goals with open banking.
Check out WSO2 Open Banking here: https://wso2.com/solutions/financial/open-banking/
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
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