Banking

APIs FOR OPEN BANKING

FOR BANKS

Satisfy customer demands for data, enable partner ecosystems and exchange
data in a simple, secure way
Agile banks that can preempt, or at least keep pace with, customer expectations will dominate the future market. At
the heart of their success will be collaborations with third-party partners to bring innovative new offerings to market, but
safely and with scale. Application Programming Interfaces (APIs) have surfaced as a key enabler, allowing data to flow to
and from banks and partners.

APIs for Open Banking from Software AG allows banks to safely exchange data with third parties to create new,
customized experiences for your customers in a way that is scalable, controlled and governed. Now you can share
data quickly and securely with payment providers, account aggregators, FinTechs and other partners, and create fast,
repeatable solutions that are compliant with country-level data models and API standardization. You can build the
partner ecosystem you need to meet your customer where they are today, and be where they are in the future.

GATHER ENRICH ENGAGE

OPEN BANKING GOVERNANCE

MONITOR & MEASURE

Customers Customers
AUTOMATION & DECISION MAKING

Partners Partners
INBOUND OUTBOUND
CONNECTIVITY CORE BANKING SYSTEMS CONNECTIVITY
Channels Payments | Profiling | Channels
Remittance Scoring CRM

Regulators
Offers |
Rewards
Alerts |
Notification
... Regulators

APIs for Open Banking from Software AG—a blueprint for success

Business goals Common challenges Success factors

• Increase market share (e.g., introduce
open banking marketplace, improve
payment offerings)
• Partner with digital-first competitors
to outsource innovation, support rich,
scalable integration with a variety of
third-party providers
• Ability to reuse APIs to improve time-
to-market
• Meet policy and compliance
requirements, such as:
o Bank standards and policies
o PSD2 RTS
o Local country data models
o API standards
o Strict client SLAs
• APIs have always been an IT tool—
we don’t have the tools to manage
APIs as a product
• We don’t have resources to create
unlimited new APIs, must avoid
adding overhead or complexity
• How will we scale to support
unknown future business models and
volumes?
• Ensuring security and protecting data
privacy must remain as top priorities
• Ability to monitor, measure
and manage APIs for a product
management approach
• Clearly delineated catalog enables API
reuse; simplified architecture, single-
user interface decreases complexity
• High scalability and efficiency, low
processing requirements provide ample
capacity for growth
• Secure API gateway with runtime
authentication
• Secure service gateways prevent
unauthorized use
• Top ranked for API Management by
leading industry analyst organizations

SOLUTION BRIEF: BANKING

Banking

ABOUT SOFTWARE AG
Software AG (Frankfurt TecDAX: SOW) helps companies with their digital transformation. With Software AG’s Digital Business Platform, companies can better interact with their customers
and bring them on new ‘digital’ journeys, promote unique value propositions, and create new business opportunities. In the Internet of Things (IoT) market, Software AG enables enterprises
to integrate, connect and manage IoT components as well as analyze data and predict future events based on Artificial Intelligence (AI). The Digital Business Platform is built on decades of
uncompromising software development, IT experience and technological leadership. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of €879 million
in 2017. To learn more, visit www.softwareag.com.

© 2018 Software AG. All rights reserved. Software AG and all Software AG products are either trademarks or registered trademarks of Software AG.
Other product and company names mentioned herein may be the trademarks of their respective owners.

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