Open Finance offers users a broader perspective of their personal financial information, a wider payments initiation capacity and the ability to update data and contracts in a secure and seamless manner.
But what can the investments industry learn and adapt to be positioned at the forefront of the Tech and Finance revolution?
OBE is working with financial institutions, TPPs and regulators in many countries to help accelerate the take up of standardised Open Banking, turning “vision into operational reality”.
As one of the leading advisory bodies working in Asia, Europe and the Americas, Open Banking Exchange discussed:
- Which are some of the players in the investments industry?
- How do their organizations see Open Finance adapting to their products and services?
- What do their clients demand from them and how can Open Finance help to deliver on such demands?
We then closed with consolidating the challenges that investment firms face and the opportunities that Open Finance ignites to overcome such challenges.