Open platform banking may still be in its infancy, but forward-thinking banks are taking the first steps to create an open platform developer ecosystem. With a secure portal and sandbox environment, a developer community can generate innovative banking products and services.

We evaluated the relative maturity of global banks based on the channel environment and developer experience of their portals, their API offerings, and the adoption of Open Banking across their developer community.

Who is leading the way in the open platform ecosystem?

Based on our research findings, ecosystem engagement initiatives of global banks and card services are ahead of other financial institutions.

Looking at the developer experience of digital-native platforms confirms the importance of continued evolution in the developer experience. Financial services providers must consider how developer needs may change and become more complex over time.

100

Non-financial services platforms can offer over 100 APIs for 3rd-party consumption while major card services offer at least 25 API products that enable core business services access to data insights.

Download our full report to learn the five steps banks can take now to start designing and launching a scalable API developer ecosystem. Accenture clients rely on our innovative solutions and banking industry experience—and we welcome the opportunity to help you on your open platform banking journey.

About the Authors

Alan McIntyre

Senior Managing Director – Accenture Banking


Sulabh Agarwal

Managing Director, Accenture Payments


Andrew McFarlane

Senior Manager – Payments & Global Open Banking


Anupam Majumdar

Manager – Accenture Payments, The Netherlands


Sudipta Kundu

Manager – Accenture Payments, UK & Ireland


James Foster

Management Consultant – Accenture Payments, UK & Ireland

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