Overview
TechM has a strong partner ecosystem. Here is our preferred partner, out-of-the-box Open Banking compliance solution powered by Partner and delivered by TechM - enabling secure APIs, consent driven IAM, core integration, and regulatory reporting to accelerate adoption and scale innovation.
Compliance-ready Open Banking Platform
- A compliance-ready Open Banking platform aligned with leading standards such as EU-PSD2, UK Open Banking, and Australia’s CDR.
- The solution combines domain advisory, API enablement, identity and consent management, developer experience, core banking integration, data governance, and monitoring—delivered as a unified, scalable compliance foundation.
Solution Highlights
- Map regulatory gaps and assess readiness to tailor WSO2 Open Banking to your compliance journey.
- Configure WSO2 modules to meet specific standards, timelines, and deployment models.
- Define key use cases, consent flows, and governance models to operationalize compliance with the WSO2 platform.
- Predefined, standards-compliant APIs with full lifecycle management accelerate compliance across the EU-PSD2, UK Open Banking, AU-CDR frameworks.
- Developer portal with dynamic onboarding, API marketplace, and monetization tools to engage fintechs and unlock new revenue streams.
- Enterprise-grade API gateway with FAPI and OAuth2 compliance, proven at scale with 200K+ APIs across 20K+ organizations for secure, high-performance delivery.
- Standards-based authentication with FAPI, OpenID Connect, and PSD2 SCA ensures secure, compliant customer access across Open Banking channels.
- Centralized identity and access management with SSO and federated login delivers seamless, secure experiences across digital banking ecosystems.
- Consent management with fine-grained controls enables customer-driven data sharing and ensures compliance with open banking and global privacy regulations.
- Hybrid integration platform connects core banking systems, data, and applications—proven at scale with 60 trillion transactions annually.
- Multi-protocol support (REST, SOAP, ISO 8583, ISO 20022) enables seamless connectivity between open APIs and legacy systems.
- Lightweight, container-native integrator with built-in orchestration powers agile, microservices-based workflows across on-prem, cloud, and hybrid environments.
Compliance Designed for Growth and Agility
- Enables timely compliance with EU-PSD2, UK Open Banking, AU-CDR, and other mandates
- Ensures standards-based consent, identity, and access control
- Enforces regulatory obligations across banks and accredited third parties
- Strengthens audit readiness through continuous monitoring and reporting
- Reduces regulatory risk across APIs, data sharing, and core systems
- Supports regulatory change and framework evolution at scale
- Improves data protection and consumer control compliance
Insights
Get In Touch
Need more information?
We will take approximately 3-5 working days to respond to
your enquiry.