The business of open banking

Learn why you must embrace the customer journey and monetise APIs
A futuristic corridor with neon blue and pink lights, symbolising the path to new opportunities and innovation in the realm of open banking monetization.
Explore the strategies and opportunities for monetising open banking. The image depicts a futuristic corridor illuminated by neon blue and pink lights, representing the innovative pathways and potential revenue streams within open banking. Learn how to capitalise on open banking with GFT's insights and expertise in financial technology.
Explore open banking

Be a step ahead

Be a step ahead

Monetise your assets

Open banking offers you a unique opportunity to market APIs as products to deliver customer value in context. Find out how it enables your products can be seen, evaluated and purchased where and when they are most needed.

Jumpstart innovation

Most customer journeys begin online or using a mobile device. Open banking creates the opportunity to open up a new market for your products, including:

  • Near real-time decisions for personal lending
  • Mortgages - positioned earlier in the customer journey
  • Initiating payments - as part of a seamless customer experience

Develop new pricing and revenue models

Explore API pricing models in other markets and get started on the road to new revenue.

Explore open banking

Learn why you must embrace the customer journey and monetise APIs

“Open banking is about doing new things and it is also about doing things differently. Banks are increasingly reliant on vendors and partners across the entire range of functions to achieve their objectives. In future, the successful banks are likely to be those that are willing to listen and learn from their customers. Banks must realise what is expected of them in future, and how to provide the best possible customer experience.”

Alpesh Tailor
Group Head of Banking Solutions
GFT

“Open banking is about doing new things and it is also about doing things differently. Banks are increasingly reliant on vendors and partners across the entire range of functions to achieve their objectives. In future, the successful banks are likely to be those that are willing to listen and learn from their customers. Banks must realise what is expected of them in future, and how to provide the best possible customer experience.”

Sergio Favarin
Group Head of Banking Solutions and Cloud
GFT Brasil
Be a step ahead

Thought leadership

Building a bank in 12 months

GFT and Engine are the power behind Salt Bank, Romania’s first cloud-native digital bank, which was designed, built and launched in under a year. Discover their full story in this white paper.

GenAI Intelligent Assistant

Our vision is to provide a new generation of intelligent applications, but what does it take to create an intelligent assistant for a consumer in a challenging domain like financial services using the technology that the Google Cloud Platform (GCP) makes available?

Data quality framework

A practical guide to improving data quality.

Where does transformation begin…and end?

A successful transformation journey not only means carrying out technology upgrades and implementing modern third-party services, but also shifting your mindset. Download our report to learn more about how to truly transform your bank.

Mainframe modernisation in life insurance savings

In this white paper GFT’s experts offer you a set of guidelines for successfully modernising your core.

Review of AI and ML use cases in the financial services industry

This GFT thought leadership paper provides a systematic evaluation of AI and ML use cases in the financial services domain.

eBook: Implementing Vault Core

We’ve gathered together some of the key points we’ve learned from a wide range of implementations, to help you make sure the move to Vault Core brings real competitive advantage.

Will your future be data powered?

Data has become a major factor of production and critical source of innovation. GFT explains how data virtualisation democratises data access and puts data at the heart of every key decision.

Digital sovereignty

The continued increase of cyber threats and the tightening of data protection regulation across the globe are driving organisations to seek solutions to store, manage and process their data using the most secure and compliant cloud solutions. Organisations are concerned about the digital sovereignty of their customers’ data and
applications.

Unlocking agility beyond public cloud

A practical approach to core banking modernisation.

Applying LLMs

In this paper, we investigate the emerging research on the properties of current generation LLMs and outline the strategies that we believe will need to be adopted if they are to be successfully applied.

Unlimited compute power whenever you need it

Learn how HPC in the cloud opens up a world of unlimited computing power where you only pay for what you use.

Upgrading your security posture for a multicloud future

Ready to secure your multicloud environment?

Using ChatGPT safely

This new GFT paper outlines some harms and benefits of applications using ChatGPT.

Banking on cryptocurrencies

How should banks position themselves in a new environment where crypto is increasingly legitimate, and in what areas should a bank choose to play? Take a look at the report to learn more.

Taking Guidewire to the cloud

A summary of what to take into consideration in a cloud deployment of Guidewire.

The customer 360 view

Building a solution from the ground up.

The evolution of the modern data platform

The modern data platform does not seek to define a golden hammer to replace all the different stages of legacy architectural designs. It ensures that we now put focus on the domain itself.

The immutable green - blockchain redefines green bonds management

Find out more about a new era of green investment, offering advanced automation, total transparency and a ground-breaking financial product for retail investors.

Using cloud or still thinking about it?

Read our point of view and discover why cloud is simply a better way to run your business.

Will you choose cloud or multicloud?

Read our survey and learn why 63% of banks view multicloud as very important while 28% regard it as important.

Open finance is coming soon – are you ready?

Open finance is a great opportunity but it’s also complex. Get an expert view on what’s involved and follow GFT’s open finance roadmap to success.

Want to reduce development costs by 40%?

Read how BankLiteX offers a roadmap to bank digitalisation and modern methods including DevOps, microservices and continuous delivery.

Cut carbon with code

With GreenCoding, software development becomes part of your sustainability programme, reducing energy use and greenhouse gas emissions throughout your organisation and your supply chain.

Join the global custody revolution

Distributed ledger technology and Daml smart contracts open up a new world of secure, scalable real-time global custody services. Learn how you can take advantage.

Concerned about cloud security?

A GFT security posture assessment gives you a snapshot of your ability to prevent, detect and remediate security threats across all your cloud domains.

How will you benefit from Industry 4.0?

Industry 4.0 means banking everywhere. How will your bank help manufacturers integrate payment platforms into devices and allow customers to connect directly to bank accounts?

Interested in digital transformation that delivers on its promise?

With Guidewire and GFT you have access to unrivalled expertise, best practice methods and proven processes. Become more productive, cut costs and thrive in the digital age.

Drowning in the data swamp?

Real-time data streaming equips you to make better business decisions, faster and store only the data you need.

Is risk your opportunity?

Read our survey and learn why 62% of banks use HPC to calculate Real-Time Market Risk while 67% use HPC to assess Credit Risk Potential Future Exposure.

Reach new customers cost effectively

With open banking standards, you join an ecosystem of regulated providers that can serve a universe of new customers in a consistent, secure way.

Transform into a data-driven bank


Read how open banking and cloud offer a new era of data-driven innovation where banks become more agile and customer-centric

Want to make innovation part of business as usual?

A progressive modernisation can boost agility, increase efficiency and reduce costs substantially.

Accelerate development

With DevOps and cloud, you can deliver a constant stream of innovation to increase customer engagement and build loyalty.

Is change getting ahead of you?

Progressive modernisation gives you freedom to innovate while your mainframe manages business as usual.

Want to assess DLT performance in the real world?

Read our case study evaluating the performance of distributed ledger technology (DLT) on the Digital Asset Platform.

The secret of success in open banking

Mainframe transformation is critical to long term success with open banking. GFT’s expert view can help inform your back-end modernisation.

Want to see the future of financial supply chain management, now?

With blockchain and smart contracts you turn customer into partners.

Want to know what your competitors are doing with cloud?


Read our research and discover how the world’s foremost investment banks plan to transform with cloud and how this will enable future success.

Are you benefitting from GDPR?

GDPR offers many benefits. Follow GFT’s three-step methodology and turn compliance into an opportunity.

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