Open Banking: An Opportunity, not (just) a Mandate Ross Garrett, Chief Product Officer at Cloud Elements

1. Next-Ready
API Integration
Open Banking :
An Opportunity, not
(just) a Mandate
API Days London 2019

2. Open Banking may be a
Regulatory Mandate…

4. … But it’s also an Opportunity
(And there’s risk for not participating)

5. 4 out of 5 Financial Services
organizations will either go out
of business, or be rendered
irrelevant by 2030.
According to Gartner

6. Cloud Elements 2019 - Confidential & Proprietary
REGULATORY MANDATES
ARE JUST THE TIP OF THE
ICEBERG
AN ECOSYSTEM
OF OPPORTUNITY
LIES JUST BENEATH
THE SURFACE
6Next-Ready API Integration

7. Corporate vs Retail Banking

8. McKinsey Global Banking Review 2019

9. 9Next-Ready API Integration
Cloud Elements 2019 - Confidential & Proprietary
€
1 Trillion
/ day
RoTE from 8%
è 15%
2022
€13 Billion tech
investment

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What benefits
could API
Integration offer
providers or
customers post-
open banking?

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Fully
Integrated
Corporate
Payments

13. Cloud Elements 2019 - Confidential & Proprietary
Capgemini World Payments Report 2019

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• Straight Through Processing
• Integrated AR / AP

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Corporate
Treasury &
Unified Cash
Management

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• Multi-bank Cash Management
• Real-time Forecasting

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• FX Trading / Hedging
• Competitive / Peer insight

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Corporate
Lending &
Trade Finance

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• Bank Guarantee API is the first of many
• Transforming the future of cross-border trade

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• Receivables-backed lending (Factoring)
• SME lending solutions
• Real-time credit worthiness / credit assessment
InterNex Capital

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Open banking is
driving change
and opportunity
in B2B /
Corporate
Banking.
Not just retail.
Your
BUSINESS
CUSTOMERS
PARTNERS
PROSPECTS
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21

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Cloud Elements 2019 - Confidential & Proprietary
Thank You!
Download the full State of Open Banking report
bit.ly/ce-apidays
For information about Cloud Elements
contact us at info@cloud-elements.com