Open Banking & Platforms

 
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Quizzes
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Modularity
 
Open Banking is the financial industry’s latest revolution
Relationships between banks, customers and their partners are about to be redefined.
What is Open Banking?

Open Banking is a series of regulations that reforms the way that banks deal with their customers’ financial information. In Europe, it is also known as the ‘second payment services directive’ (PSD2). With Open Banking, all UK-regulated banks now have to share the data they have on their consumers with third party authorised providers – budgeting apps for example – as well as other banks.

It has been estimated that these regulations could boost the UK’s economy by £1bn annually and that 84% of financial services companies are already investing in Open Banking products.
The Open Banking Effect

Implementing Open Banking within an institution democratises the capacity for personalisation whilst keeping a cost balance.
In Asia, financial institutions have already started leveraging Open Banking to position themselves as technology companies and lifestyle partners for their consumers.
Banks have the potential to expand into becoming marketplaces, offering a suite of products from other organisations and TPPs.
Open Banking opens up the possibility for FinTechs, challenger banks and competitors from other industries to relegate banks to being ‘invisible’.
Our Solution
In this online course, you will explore the changing ecosystem from a global outlook through a combination of theory, industry insights and practical application led by industry experts.

The 2hr course provides participants with foundational knowledge on Open Banking topics and platforms in finance. The full course lasts for 10-12 hrs and provides learners the opportunity to explore deeper over five different chapters and gain practical skills through tailored workshops.
Fundamental
Short Course
Under 2 Hours
Extensive
Full Course
10 - 12 Hours
Key Takeaways

#1

Understand the fundamentals behind implementing Open Banking alongside the conceptual framework behind various business models and how they tie in together.

#2

Critically analyse how the financial ecosystem is changing, complete with practical methods to leverage the effect of regulations.

#3

Develop an in-depth understanding with regards to the types of modern architecture involved in Open Banking and how to utilise said knowledge to make business decisions.

#4

Apply theoretical knowledge in practise through quizzes, assignments, and additional workshops.

Programme Directors


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Huy Nguyen Trieu

CEO of the Disruptive Group and Co-Founder of CFTE
Huy Nguyen Trieu is the Co-Founder of CFTE and CEO of the Disruptive Group. He is also an Associate Fellow of Oxford’s Saïd Business School and a founding partner of the SuperCharger accelerator. He was previously MD at Citi.
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Stephan Murer

Former CTO of UBS, Director and Senior Lecturer of the course
Senior lecturer on CFTE's "AI in finance course". He will contribute further to the Open banking and platforms course where he will cover topics such as:

Application Programming Interfaces and Services, Security, Identity and access control, software development for open banking, and operating open banking solutions.

Senior Lecturers

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Anna Maj

FinTech Leader and Expert at European Innovation Council
PWC
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Carlos Figueredo

Founder and CEO Open Vector
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Paul Rohan

Head of Business Strategy and Solutions Consultant (Google Cloud Apigee)
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Secil Watson

Executive Vice President and Head of Digital Solutions for Business Wells Fargo
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Stephan Murer

Ex-CTO (UBS), CEO of Murer Consulting