Banking APIs: State of the Market

whitePaper | May 1, 2023

Coordinating regulatory frameworks across jurisdictions is a complex task for almost any sector. With crypto-assets – given the unique features of the underlying technology as well as the boundless opportunities that it presents – it is often contended that global coordination is not just desirable but necessary.

whitePaper | January 24, 2020

Although the wealth management industry is in agreement on the importance of digital innovation, few organizations manage to achieve any business value from their transformation initiatives. This is because most wealth management firms pursue digital transformation as a feature selection exercise, implementing stop-gap solutions that address a pressing need to keep up with competitors or consumer trends. As a result, firms are left with digital capabilities that are basic, disconnected and insufficient to meet clients’ needs.

whitePaper | September 5, 2022

Established in 2008, the Banking Industry Architecture Network (BIAN) is a collaborative initiative that has delivered a standard semantic service definition of banking that can be used as a blueprint for standardization of banking services, and rationalization of supporting IT software. It delivers a domain model that describes consistent service definitions and their boundaries that make up the services that describe banking. It contains a service view, an information view, and a capability view that together describe the banking landscape. The primary aim of BIAN is to provide a standard that makes integration of software and services capabilities easier through a standard set of definitions.

whitePaper | June 21, 2022

Data from various providers and academics analysing private equity returns show, that PE outperforms public markets throughout the business cycle, and Internal Rates of Return (IRR) pick up following recessions, as most recently observed following the 2000-1 Dotcom Bust and the 2007-8 Global Financial Crisis (GFC).

whitePaper | April 14, 2022

Gone are the days when customers would visit brick and mortar stores 3-5 times a week to complete their daily chores, buy luxury items or do banking. With the proliferation of mobile technology, social media, and internet banking, customer expectations shifted and evolved. Moreover, with the rise of on-demand and one-click mindset, induced by the likes of Netflix, Amazon and Uber, along with the need for hyper-personalisation, people were no longer willing to wait and watch for any of the businesses, and the case of financial services was no different. It is needless to mention that customer expectations and digital transformation have been evolving in parallel ever since.

whitePaper | May 24, 2022

Trends in customer demand, technology, and regulation drive the development of an open financial ecosystem in which the consensual sharing of customer data among financial institutions (FIs) and businesses creates new value for consumers and business users. This Aite-Novarica Group report analyzes this trend and the evolution from open banking to open finance and to a truly open economy. The report is based on interviews with executives from banks and fintech firms in Europe and North America.