INTERFACE, by apidays 2021 - It’s APIs all the way down June 30, July 1 & 2, 2021 From Monolith to Open Finance with APIs Marcilio Oliveira, Co-founder and CGO at Sensedia

1. From Monolith To Open Finance
with APIs
Marcilio Oliveira
Co-Founder & CGO
marcilio@sensedia.com

2. 2
Reform your
architectural view
4
API Care & Developer
Experience Seriously
Conceptually -
Unlock the "backend"
Strategy &
API Playbooks
Platform Thinking
From Monolith To Open Finance
1 3 5

3. Customer Environment
Legacy
Database ERP Services Cloud
Some businesses….
Same challenges
1
Conceptually -
Unlock the "backend"

4. Customer Environment
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability Uncertain
model of
business
Complex
legacies
systems
Legacy
Database ERP Services Cloud
What's in the way?
Some businesses….
Same challenges
1
Conceptually -
Unlock the "backend"

5. Customer Environment
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability Uncertain
model of
business
Complex
legacies
systems
Partners integration easily
New digital products
API as a product
Innovation
Legacy
Database ERP Services Cloud
What's in the way? How we help our customers
Some businesses….
Same challenges
1
Conceptually -
Unlock the "backend"

6. Customer Environment
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability Uncertain
model of
business
Complex
legacies
systems
Legacy
Database ERP Services Cloud
What's in the way? How we help our customers
Some businesses….
Same challenges
Modern
Integration
Platform
1
1
Conceptually -
Unlock the "backend"
Partners integration easily
New digital products
API as a product
Innovation

7. The Composable Business
Architecture
2
Reform your
architectural view

8. User
Interface
Business
Logic
Monolithic
Application
BACKEND
PARTNERS
END CONSUMERS
Data Layer
Delivery of Products & Services
The Challenge

9. Composability
PBC (Packaged Business Capability)
Microservices approach
Independently deployed
Optional User Interface
APIs
Internal Data
and Metadata
Event
Channels
Source: Gartner
Composition
Technology
Low code
Integration
Development
Automation
Composed
Application
Experience
User
experience
Packaged Business
Capability (PBC)
API- Only
Applications
API- First
Applications
Business API
Marketplaces
UX - First
Applications
API
Products
APIs, Events Stream
Interface
● Open x Restrict APIs
● Product mindset for APIs
● Adaptive Governance
● Mesh architecture for microservices
Relevant
additional
skills
User
Interface
Business
Logic
Monolithic
Application
Data Layer

10. Source: Gartner
API- Only
Applications
API- First
Applications
Business API
Marketplaces
UX - First
Applications
API
Products
User
Interface
Business
Logic
Monolithic
Application
Data Layer
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability
Uncertain
model of
business
Complex
legacies
systems
PARTNERS
END CONSUMERS

11. Sounds like Open Finance challenges?
Open Finance is the creation of new financial
businesses and digital ecosystems through the
provision of APIs.
ACTUAL
MODEL
OPEN BANKING
MODEL
BanK Bank app Clients
Bank
Integration with
Customer Apps
Integration with
Customer Apps
Integration with
Customer Apps
Bank App
Third Party Apps
Public APIs
Private API

12. PLATFORM POSITIONING
Definition: a platform is a business based on enabling
value-creating interactions between producers and consumers. The platform
provides an open, participative infrastructure for those interactions and sets
governance conditions for them
Source: Platform Revolution, 2017
3
Platform Thinking

13. 3
Platform Thinking

14. Individuals | Things (IoT) | Startups | Partners
Competitors | Vendors
Benefits &
Risk Potential
Amount & Diversity
of Connections
PUBLIC
INTERNAL
RESTRICTED
Supply Chain | Customers
Things (IoT)
Employees
Providers
Source: Gartner
2019
STYLES OF "DIGITAL PLATFORMS"
ENTRY POINTS
H
i
g
h
e
r
L
o
w
e
r
H
i
g
h
e
r
L
o
w
e
r

15. Sensedia's Customers
Digital Companies
Individuals | Things (IoT) | Startups | Partners
Competitors | Vendors
Supply Chain | Customers
Things (IoT)
Employees
Providers
H
i
g
h
e
r
L
o
w
e
r
H
i
g
h
e
r
L
o
w
e
r
STYLES OF "DIGITAL PLATFORMS"
ENTRY POINTS
PUBLIC
INTERNAL
RESTRICTED

16. The competition is not only
between companies, it’s
between business
ecosystems.
Philip Kotler
“

17. e-Commerce & Retail Health & Insurance
Logistics, Machinery and Infrastructure
Telecom & Software Energy &
Utilities
Banking
Payments & Loyalty
Services & Education

18. Improving your Developer Experience
Empowering your API Care Operation
4
API Care & Developer
Experience Seriously

20. ■ Got APIs, now what??
■ How to attract and engage partners?
■ How to support and onboard developers and Partners?
■ Is the documentation up to date?
■ Is there anyone to ask questions, support and troubleshoot?
■ Communicate and engage with changes and evolutions

21. DEVELOPER
EXPERIENCE
➔ Self-service
➔ Access control & onboarding
➔ Sandbox
➔ Code examples & SDK
➔ On Dev way

22. ● Service Level Agreement
● Scale & stability
● Policies & throttling
backend protection

23. ● Dashboards & alerts
full API operations
● Adjust logs need
(Clearing the noise is hard)
● Be pro-active
and get people informed

24. The Open Finance Strategy
& Playbooks
5
Strategy &
API Playbooks

25. New Competitors
GAFA & other Tech Giants,
Fintechs, Retailers, Telcos, Utilities...
Taking advantage of their expertise in
technology, CX and the lack of legacy to
offer financial services
New Technologies
APIs, Cloud, AI, IoT, Blockchain...
Operating alongside legacy systems
and requiring specific knowledge
New Expectations
Omnichannel, Real-time, Portable,
Transparent, Secure, Smart, Gen-Z...
Higher expectation in the offer,
delivery and attendance of financial
services
New regulations
PSD2, CMA, UPI...
Forcing the opening of
data and services through APIS
Financial
Companies
The
OPEN FINANCE
strategy makes it
possible to use these
forces to your
advantage.
The traditional model of the
FINANCIAL SERVICES PROVIDERS is under pressure

27. ● Governance Models
● Continuous API Governance
Improvement
● Governance and API
Lifecycle
● Security Program & Policies
API Governance
● Pains and Journeys
● Business Case
● API Value Identification
● API Selection and Categorizing
● API to Use Cases Mapping
● Tech / Digital ecosystem list
Open Banking Strategy
● Prioritized APIs Design
● Technical Documentation (Swagger and
GraphQL)
● API Analytics Dashboards Configuration
● Publishing APIs to Developer Portal
● Developer Engagement
● Partner Management
● API Care and Operation
● Reports
● Business inputs and
dashboards
● Service Mesh and Microservice
● Security and Consent
● Standardisation of APIs and Data
● Guiding principles for API design
● API Management Platform
● Adaptive Governance
● Events Hub
● Sensedia Mesh
API Platform & Add-ons
API Design & Build
Playbook

28. Open FINANCE
Solution
Backend and
Core Financial Applications
Microservices
Governance
and Reports
Connection and
Transformation
Legacy
DBs Webservices
Cloud
Authorization
Server FAPI RW
OpenID
Connect
Banks / ASPSP
Consent
Management
Developer Portal and Sandbox
TPPs
Participant’s
Directory
Access Identity
Certificates
Directory Information
Participant Information
Core API
Management
Platform
Security and
API Protection
Scalability,
caching and
rate limiting
Governance and
integration best
practices
API users
engagement
experience Provided By Brazilian
Central Bank
Open Finance
API Templates

29. Sensedia Platform +
Open Finance Sandbox Portal
A complete and robust API management platform
that offers the best operational experience, with
security and scalability.
Playbook
Set of services that serve from
strategy to the operation of your
digital platform
+
Open Finance Platform &
Playbook

30. 2
Reform your
architectural view
4
API Care & Developer
Experience Seriously
1
Conceptually -
Unlock the "backend"
5
Strategy &
API Playbooks
3
Platform Thinking
From Monolith To Open Finance

31. ○ Open Banking
○ Business
Architecture
○ Developer
experience
○ Microservices
Consulting
Services
Modern
Integration
Platform
○ APIs
○ Microservices
○ Governance
○ Event-driven
architecture
○ Service Mesh
○ Connectors
○ Flexible Actions
Innovative and complete SOLUTION with
SAAS - API Modern Integration Platform and
Specialized Services

32. "Sensedia recently added support for GraphQL
and a new microgateway. This shows market
responsiveness and innovation."
“Visionary” “Leader"
Gartner Magic Quadrant 2020
Forrester wave specialist API strategy and
delivery service providers

33. "Sensedia recently added support for GraphQL
and a new microgateway. This shows market
responsiveness and innovation."
“Visionary” “Leader"
Gartner Magic Quadrant 2020
Forrester wave specialist API strategy and
delivery service providers
Innovative and complete SOLUTION with
API Modern Integration Platform and
Specialized Services

34. Welcome to the
API Strategic
Marathon!
Are you serious about
API Economy?
Are You Serious about
Open Finance?

35. Questions?
Marcilio Oliveira
Co-Founder & CGO
marcilio@sensedia.com
linkedin.com/marcilioso