Open Banking for Corporate Treasury

Aite Group expects that banks will “dissect” and “componentize” their corporate applications to extend their reach to clients.

London, 19 March 2020 Midsize companies are moving from basic accounting systems to more robust—yet not overly engineered—software applications, and there are clear signs of global financial institutions leveraging their investments in API technologies to move beyond regulatory compliance and serve this client need. This brief investigates the current offerings and strategies of the major global banks and fintech providers that are supporting banks in executing this strategy, and it suggests likely models of open banking for corporate treasury offices.

Clients of Aite Group’s Wholesale Banking & Payments service can download this 14-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Bank of America, BELLIN, BNL, Citi, Deutsche Bank, Fabrick, FISPAN, JPMorgan, Kyriba, OpenLegacy, Oracle, and Plaid.

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