The Open Banking Framework and PSD2 are both pushing the adoption of open data in finance, within the UK and across Europe.
For financial services institutions to grant access to personal information, much work still needs to be done from a technical, legal and regulatory perspective. But the shift towards open data presents a real commercial opportunity for both incumbents and innovators – an opportunity to embark on new partnerships, to improve products and services for customers, and to create new revenue streams by using data in a completely novel way.
ECN’s Open Data in Finance conference is the only end-user driven event that focuses exclusively on open data and data sharing in the finance sector. It will bring together influential representatives at the nexus of the open data initiative, who can give real insights into the thoughts and plans of government and key industry players, and share how they are shaping and responding to this market change.
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