Find Success in Open Banking
Key Takeaways
Generate new revenues
Open banking is a great opportunity to reach new customers cost-effectively. Discover how you can partner to deliver new banking services and explore new business models.
Become data-driven
With open banking, your business can become data-driven and deliver more customer-oriented services. By moving to the cloud, you can process and analyze data in real time and make better business decisions faster.
Boost your agility
Do new things in new ways. Break away from monolithic technology and embrace agile methods and microservices to shorten time-to-market for innovative products and services. Find out how to make this happen.
Open Banking and Cloud: Key Questions
What is the role of cloud computing in open banking?
Cloud computing is a foundational enabler of open banking because it provides the scale, elasticity, and real-time processing required for API-driven financial services. Open banking depends on high-volume data ingestion, secure API exposure, and near real-time analytics—capabilities that are difficult to deliver efficiently on legacy infrastructure.
In the US market, cloud adoption supports faster innovation, Banking-as-a-Service (BaaS) models, and modern API governance. It also enables banks to experiment safely through sandbox environments and DevOps pipelines.
For a structured overview of how cloud accelerates open banking transformation, download the full Thought Leadership.
What are the benefits of cloud-based API management for banks?
Cloud-based API management allows banks to securely build, publish, monitor, and monetize APIs at scale. It centralizes governance, improves visibility, and supports automated monitoring and compliance controls.
Benefits include faster deployment cycles, automated scaling during traffic spikes, integrated security validation, and improved developer onboarding through self-service portals. For US banks pursuing ecosystem growth or embedded finance strategies, cloud-based API platforms also reduce infrastructure overhead and long-term capital expenditure.
The Thought Leadership outlines a structured API capability model to support governance, risk management, and commercialisation.
How can banks prepare their legacy systems for open banking and cloud adoption?
Banks can prepare legacy systems for open banking by gradually decomposing monolithic architectures into microservices and migrating workloads to hybrid or public cloud environments. A phased modernization strategy reduces operational risk while enabling API scalability.
Key steps include defining an API roadmap aligned with business objectives, implementing governance frameworks, modernizing data pipelines, and adopting DevOps automation. Cultural transformation—moving from product silos to platform thinking - is equally important. Institutions that delay modernization risk falling behind digital-native competitors.
The full Thought Leadership provides a practical framework for getting started.
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