Raidiam’s instrumental role in making Open Banking a reality

Raidiam designed, developed and delivered the Trust Framework and services for Open Banking in the UK, and was the only technical consultancy involved with the UK’s Open Banking Implementation Entity (OBIE) from the start. The UK was a global frontrunner in Open Banking, providing a blueprint that others are now following. It connects banks, third parties and technical providers – enabling them to simply and securely exchange data to benefit their customers. Open Banking Brasil involved Raidiam from the very start of the initiative in 2019, to share their insights and expertise. Raidiam was instrumental in the design, development and delivery of this national ecosystem, helping Brazil achieve its incredibly swift implementation timescale. Raidiam Connect was used to provide the core Directory, Trust Framework technology, Conformance Suite, Reference Bank and Reference TPP. To date it is the fastest ever implementation of Open Banking and the quickest to extend from account information to payments functionality in a coherent way.


How are Raidiam data sharing ecosystems changing the world?
01 November 2022

The digital economy is driving businesses from all sectors to look beyond any regulatory requirements to consider how investing in their own data sharing ecosystem could help open up a ...

Raidiam scoops top prize at Open Banking Expo Awards 2022
20 July 2022

Raidiam’s contribution to both Open Banking UK and Open Banking and Insurance in Brazil has been recognised by Open Banking Expo, winning the prestigious 2022 “Open Banking Pioneer – Organisation” award.    ...

Raidiam wins FDATA Best OB Fintech Partnership 2021
14 November 2021

Raidiam are winners of the 2021 FDATA award for ‘Best OB Fintech Partnership’ together with Chicago Advisory Partners! This is in recognition of our joint work to develop and deliver a ...

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