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Open finance ecosystems
Use cases: Open Finance Ecosystems

Successful, Scalable Open Finance Ecosystems

Best-in-class technology and expertise to enable secure, compliant data sharing between authenticated and authorised entities. We solve data access challenges, helping you deliver better products and services for citizens and businesses.

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  • Ministry of Defence
  • Open Banking UK
  • Commonwealth Bank
  • Foreign & Commonwealth Office
  • Lloyds Banking Group
  • Open Insurance Brasil
  • Westpac
  • UAE-central-bank
  • central bank of brasil
  • ConnectID
  • Open finance brasil

Powering national open finance ecosystems with unique Trust Framework technology


Raidiam provides the critical API access management, governance, and security layer for open finance schemes globally. Its innovative Trust Framework technology ensures secure and appropriate data sharing by verifying ecosystem participants, enforcing their roles and permissions, and controlling the purposes for which data is accessed. 

These Trust Framework services - comprising standardised APIs and robust authentication protocols - guarantee scheme compliance (and therefore participant trust) across some of the largest open finance schemes worldwide. By enabling secure interactions between financial institutions and third parties, Raidiam fosters a reliable environment for seamless data exchange and innovation. 

Proven solutions with unparalleled expertise

Drawing on unmatched practitioner experience, we de-risk and support the entire lifecycle of open finance initiatives with four core offerings:

Specialist advisory services

Raidiam Advise

Tailored ‘lessons learnt’ expertise and strategic guidance to help you plan and create valuable, successful open banking and finance ecosystems.

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Directory & PKI

Raidiam Connect

SaaS technology - off-the-shelf and needing only localisation - provides you with an unmatched foundational Trust Framework for your secure, scalable, and compliant open finance ecosystem.

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Centralized Directory
Technical implementation services

Raidiam Enable

All the tools, processes, and technical support you could possibly need to help you design, implement, launch, and grow your data-sharing ecosystems.

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Conformance and certification

Raidiam Assure

Raidiam Assure provides processes and tools to verify and enforce that participants are correctly implementing the ecosystem standard. This solution empowers organisations to maintain the highest standards of security and interoperability, fostering a reliable and secure environment to facilitate data sharing and collaboration.  

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Assure

Raidiam Connect – The Heart of Secure Open Finance Ecosystems

Global Interoperability

Raidiam’s Open Finance APIs are built on global security standards, ensuring compatibility across financial institutions, fintechs, and markets. Our APIs enable seamless interoperability for efficient data sharing, whether integrating with Open Banking directories or third-party providers.

Scalable data sharing ecosystem

Infinitely Scalable Solutions

Raidiam’s solutions are designed to grow with your ecosystem, from local to national levels and beyond. Our Trust Frameworks enable seamless onboarding of new participants while maintaining performance and reliability.

The highest level of API Security

Security is at the heart of every Raidiam ecosystem. We safeguard financial data with digital identity verification, consent-driven data exchange, and fraud prevention, all strengthened by PKI for encryption and non-repudiation.

Raidiam Advise – Expert Guidance for Open Finance Ecosystems

Our Advise service provides end-to-end advisory support, ensuring that your ecosystem design is not only secure but also aligned with strategic goals and regulatory frameworks. Whether you need help with governance, infrastructure design, or compliance strategy, Raidiam’s expertise is there every step of the way.

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Why Raidiam?

  • Pioneers in data-sharing
    With deep expertise in trust frameworks and secure infrastructure, we enable your success
  • Financial-grade security
    Technology built to the highest standards, including FAPI and ISO 27001, ensuring secure API protection
  • Proven track record
    Trusted by banks, regulators and enterprises worldwide to power secure ecosystems
  • 24/7 global support
    Always-on assistance to keep your ecosystem running smoothly, minimising downtime and risk

FAQs

Need to know more? Speak to a consultant.

Why would my financial institution or jurisdiction need an Open Finance ecosystem?

An Open Finance ecosystem offers significant benefits for financial institutions and jurisdictions alike:

For Financial Institutions:

  • Enhanced customer experience: Securely share data with authorised third parties to offer innovative financial products and services.
  • Increased competitiveness: Collaborate with fintechs and other providers to stay ahead in a rapidly evolving market.
  • Regulatory compliance: Align with Open Finance regulations emerging in various jurisdictions.
  • New revenue streams: Unlock opportunities for partnerships, data monetisation, and new business models.

For Governments and Central Banks:

  • Economic growth: Foster innovation in financial services by enabling a competitive and transparent ecosystem.
  • Regulatory oversight: Implement centralised frameworks to ensure compliance, security, and trust across participants.
  • Financial inclusion: Expand access to financial services for underserved populations through open data sharing.
How does a Trust Framework benefit governments, central banks, or regulators?

A Trust Framework simplifies the complexity of managing an Open Finance ecosystem by providing:

  • Centralised trust infrastructure: Establishes consistent rules, processes, and standards for all participants.

  • Cost efficiency: Reduces duplication of effort by eliminating the need for bilateral agreements between participants.

  • Scalability: Supports ecosystems of any size, from local initiatives to national frameworks.

  • Real-time oversight: A centralized directory allows regulators to monitor accredited participants and revoke trust swiftly when necessary.

  • For governments and central banks, this ensures a secure and scalable foundation for implementing national Open Finance policies.

How does Raidiam's Open Finance Directory work?

Raidiam's Open Finance Directory serves as a centralised hub for service discovery and accreditation. It ensures that your data is only accessed by authorised sources, maintaining a continuously updated list of accredited participants in the ecosystem.

What makes Raidiam unique in the Open Finance space?

Raidiam is the only organisation to have successfully delivered Trust Frameworks to all major Open Finance implementations worldwide. We have extensive experience in building, improving, and implementing the most reliable and robust trusted ecosystems that exist today.

How scalable is Raidiam's solution?

Raidiam's Connect Trust Platform technology suite is highly scalable, supporting growing ecosystems from local to national levels and beyond. Our framework adapts to environments of varying scales, from small enterprises to national-level implementations.

Schedule a meeting

Schedule a meeting with one of our open finance experts to discover how Raidiam can empower your journey.

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