< Go back
Date and time of session will be publish after September 30, 2024
Title:
Platform Engineering and Open Banking: A Strategic Approach to Revenue Growth
Description:
Join us for an in-depth exploration of the intersection between platform engineering and open banking. This session by Filipe Torqueto, Head of Solutions at Sensedia, offers a strategic approach to seamlessly integrate and manage open banking APIs within your existing banking infrastructure.
Participants will gain valuable insights into designing, developing, and deploying APIs that comply with rigorous regulatory standards, enhancing operational efficiency and customer experience. Key topics include:
- API Lifecycle Management: Learn how to effectively build and own open banking APIs and their entire lifecycle.
- Own the Open Banking APIs: Discover why it is crucial to own the Open Banking APIs as a strategic business asset.
- Open Banking Roadmap: Understand the essential measures for your open banking strategy, going from “checking the box” to building an open banking ecosystem and thriving beyond compliance:
- Legacy Modernization to effectively map and utilize data within legacy/core systems, which are often difficult to manage, while facilitating open banking in your infrastructure.
- API Level Security with strong authentication ( OAuth 2.0), data encryption during transmission and storage, and continuous monitoring, using MFA, TLS, AES, and intrusion detection systems.
- FAPIs & Consent Management to govern consumer consent, allow easy management and revocation of that consent, and maintain detailed records, ensuring secure and transparent data sharing.
- Ecosystems & Developer Experience to build a secure and scalable ecosystem that generates new revenue streams through embedded and indirect API monetization.
- Platform Thinking: Explore platform engineering methods to ensure Open Banking API governance, security, and scalability.
By the end of this session, attendees will gain a comprehensive understanding of the intricate relationship between platform engineering and open banking. They will discover how these two fields complement each other to transform potential regulatory burdens into opportunities for growth and scalability, and finally, they will understand why Gartner is spotlighting both platform engineering and open banking as trending topics and essential components for future success.