Category: News

Raidiam, the data sharing ecosystem pioneers, is delighted to announce that David Beardmore has joined the company as Ecosystems Development Director. He took up the position on 9 January 2023.

David has been a passionate advocate of Open Banking since 2016.  He joins Raidiam from the Open Banking Implementation Entity, where he held the same title and was instrumental in engaging with all stakeholders and promoting the development of Open Banking use cases.

Raidiam has been involved in making Open Banking a reality since the start – from delivering the world’s first Open Banking Trust Framework in the UK to enabling Brazil realise its Open Data dream by developing and powering both the Open Banking and Open Insurance interoperable ecosystems. Our unique ecosystem-in-a-box Raidiam Connect technology is in use or being actively considered by regulators, consortiums and enterprises around the world for a variety of use cases in varying sectors, from customer onboarding to digital identity verification to secure data sharing.

David commented: “I’m thrilled to be joining Raidiam at a critical time in the development of Open Data initiatives around the world. Raidiam has been at the forefront of pioneering technologies and standards to enable secure data sharing for the benefit of all involved. I’ve long admired their expertise and world-leading credentials and I look forward to being part of their next chapter as more countries look to them for ecosystem implementation and design advice.”

Barry O’Donohoe, Raidiam’s Co-founder and COO, commented: “The addition of David to our expanding team further bolsters Raidiam’s ability to keep flying the flag for the UK’s thought leadership in this area as the sector undergoes governance changes. The role we have played in exporting UK expertise has only grown as we continue to be called upon by governments around the world to develop smart data sharing ecosystems.

“David will further strengthen our voice promoting the benefits of Open X in unlocking a world of possibilities for countries, consumers and businesses.”

Raidiam is proud to announce that Open Insurance Brasil has reached an exciting and important milestone: January 2023 marked the successful go-live of the first Phase 2 – Customer Data APIs.

What does this mean?

The ecosystem is now operational with the inclusion of customer consents – this significant achievement means that 32 Insurance Companies have now published their Certified Consents APIs, which provide the technical means for customers to approve the sharing of their consented customer data with TPPs and receive personalised services.

This achievement further cements Brazil’s leading position in the world of Open X, as the first fully operational non-banking data sharing ecosystem and the only country globally to be sharing customer data safely, securely and at scale across two different sectors.

Raidiam delivered this milestone for Open Insurance through implementing Raidiam Assure, our conformance testing and certification services. We provide the technical infrastructure and processes that allow an ecosystem controller to certify that its participants have correctly implemented their APIs in the Sandbox Environment, prior to them moving those APIs directly into Production.

The Consents API Certification and Publication is just the beginning of this exciting new phase for Open Insurance with the next API due to be released in March – Patrimonial Insurance – followed by all the remaining Data APIs to be certified and released by all participants in Mid-June.

Raidiam proudly developed and powers both Open Banking and Open Insurance in Brazil with our Raidiam Connect ecosystem-in-a-box technology. Our mission is to create a world where secure data sharing ecosystems open the way for everyone to be seamlessly connected to the products and services they need. These developments in Brazil go to the heart of what we’re all about.

Raidiam, the data sharing ecosystem pioneers, are delighted to have achieved ISO 27001 certification, an international standard for information security management systems and their requirements.

Ensuring the highest levels of information security and risk management for the business and our clients has always been a priority; earning this certification confirms Raidiam’s steadfast commitment, providing additional reassurance that the most robust controls are in place.

Raidiam was assisted in the ISO 27001 certification process by external auditors, the UKAS-accredited British Assessment Bureau, who provided professional, expert support.

In addition, Raidiam also achieved the National Cyber Security Centre (NCSC) Cyber Essentials accreditation, further demonstrating the company’s commitment to cyber security and guarding against such threats.

Barry O’Donohoe, Raidiam’s Co-Founder and COO, commented: “As a business that excels in building secure Trust Platforms for others to safely share data, maintaining the highest levels of security has always been important to us. Achieving these two certifications is a proud achievement for us all as it demonstrates the seriousness with which we take our responsibilities towards our own processes and those services that we provide to our clients.

“Raidiam has been a global leader in developing international open standards for data sharing that are the highest-grade security – known as FAPI (Financial-Grade API) – so operating with security management considerations at our core is part of our DNA.”

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 successful Open Banking ecosystem for Brazil.

Our collaborative partnership combined the individual strengths of each company: Raidiam’s global expertise in Open Banking, technology and enabling standards; and Chicago’s pragmatic local expertise and management to ensure that the design was tailored to meet the individual needs of Brazil.

This project has been truly unique and ground-breaking.

We would like to thank our partners Chicago Advisory Partners for their outstanding work on delivering this project. We are thrilled to jointly win this award and receive recognition from FDATA of our collective achievements.

For further information on the awards visit

Financial Data and Technology Awards (FDATA) Open Finance Awards winners.

Raidiam is thrilled to be working with @IcebreakerOne on Phase 3 of an ambitious project to revolutionise the way energy data is shared and accessed.

We have been charged with delivering an Energy Data Governance platform to aid discovery, identification, authentication and security for all participants in the energy data sharing ecosystem. Built on our proven – and highly successful – principles for Open Banking Directories in the UK and Brazil, we are honoured to have been approached to extend the Raidiam Trust Platform to a new sector, helping the UK achieve its vital #NetZero carbon goals.

Find further

general info or visit the Open Energy Directory