We are thrilled to announce that Raidiam has won Best Open Finance Application at the Open Banking Expo Awards! This award recognises our pioneering role in supporting and underpinning Open Finance Brasil.
Best Open Finance Application: Raidiam’s Role in Open Finance Brasil
Our technology powers Open Finance Brasil, the largest data sharing and finance services ecosystem in the world, with over 27 million customers, 940 participating institutions, and 42 million active consents.
At the heart of the ecosystem, Raidiam Connect provides the essential directory and trust framework technology. Meanwhile, our Raidiam Assure conformance testing services provide the processes and tools to verify and enforce that participants are correctly implementing the ecosystem standard. Additionally, we developed and deployed the Open Finance ‘Production Validation Tools’, which enables comprehensive testing and assurance of API standardisation in the live production environment.
What the Judges Said
“Raidiam’s work on Brazil’s Open Finance ecosystem is a global benchmark for Open Finance initiatives. The scale and depth of implementation make it, not just a financial innovation, but a fully-fledged infrastructure transformation in a large economy.”
Interested in learning more about our award-winning technology? Discover how we can deliver a trusted data sharing ecosystem tailored to your industry’s needs. Get in touch today!
