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 analyse 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, providing the scale, elasticity, and real‑time processing required for API‑driven financial services. Open banking relies on high‑volume data ingestion, secure API exposure, and near real‑time analytics—capabilities that are difficult to deliver cost‑effectively on legacy infrastructure.
In the US market, cloud adoption accelerates innovation, supports Banking‑as‑a‑Service (BaaS) operating models, and strengthens modern API‑governance practices. It also enables safe experimentation through sandbox environments and automated DevOps pipelines.
For a structured overview of how cloud technology accelerates open banking transformation, download the full Thought Leadership.
What are the benefits of cloud‑based API management for banks?
Cloud‑based API management enables banks to securely build, publish, monitor, and monetise APIs at scale. It centralises governance, enhances visibility, and supports automated monitoring and compliance controls.
Key benefits include faster deployment cycles, automatic scaling during traffic spikes, integrated security validation, and improved developer onboarding through self‑service portals. For US banks pursuing ecosystem expansion or embedded‑finance strategies, cloud‑based API platforms also reduce infrastructure overheads 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 progressively decomposing monolithic architectures into microservices and migrating workloads to hybrid or public‑cloud environments. A phased modernisation strategy reduces operational risk while enabling scalable, resilient APIs.
Key steps include defining an API roadmap aligned with business priorities, implementing governance frameworks, modernising data pipelines, and adopting DevOps automation. Cultural change is equally important—shifting from product‑centric silos to platform‑oriented thinking. Institutions that delay modernisation risk falling behind digital‑native competitors.
The full Thought Leadership provides a practical framework for getting started.
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