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.


Eyal Sivan joins Raidiam as Vice President, Open Banking and Smart Data
29 May 2023

Raidiam are delighted to announce that Eyal Sivan joined the team as Vice President, Open Banking and Smart Data from 29th May. Eyal brings with him exceptional knowledge of technology ...

Rafe Mazer: Emerging markets won’t achieve Open Finance through voluntary measures
18 May 2023

Open Finance is expanding in emerging markets across Africa, Asia, and Latin America, driven by a mix of government policy and private sector innovation. Open Finance in emerging markets brings ...

Thoughts on the long-awaited report from JROC
24 April 2023

Barry O'Donohoe, Co-Founder and COO It appears that progress on Open Data in the UK is a bit like waiting for a bus. Nothing much appears for ages then suddenly ...

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