The opportunity for Retail Banks

From compliance to
competitiveness

Expanding the foundational capabilities of Open Banking provides Retail Banks with the opportunity to reinvent and rejuvinate their role in the financial ecosystem.

Earn returns on compliance investments

Build upon existing investments into Open Banking capabilities by repositioning and expanding your API estate

Expand the reach of your resources

Build an expanded community of partners to scout, evaluate and compete in the new venues, channels and context in which to do business.

Combat new competitors

Offset the threat of disintermediation from API aggregators and BaaS providers with ehanced developer propositions and experiences

Provide Enhanced testing capabilities

Test new propositions under production-like conditions

Rigorously evaluate new propositions and partnerships by testing them under real-world conditions. We combine a core banking simulator, synthetic test datasets and programmatic consent flows, all delivered via FAPI compliant APIs, to create realistic test conditions upon which to build your propositions and business case.

A series of screenshots and graphics demonstrating a wide variety of realistic data available in the Oolys platform

Rigorously evaluate new propositions and partnerships by testing them under production-like conditions. We combine a core banking simulator, synthetic test datasets and programmatic consent flows, all delivered via FAPI compliant APIs, to create realistic test conditions upon which to build your propositions andd business cases.

4 different API templates that can be used to create APIs

Build Competitive API Products

Rapidly shape and ship new API products with your partners

Accelerate your API development cycle and get better products into the hands of your partners. Build and provision new APIs in minutes by using our marketplace of 25+ fully compliant API patterns, complete with rich specifications and documentation.

Rigorously evaluate new propositions and partnerships by testing them under production-like conditions. We combine a core banking simulator, synthetic test datasets and programmatic consent flows, all delivered via FAPI compliant APIs, to create realistic test conditions upon which to build your propositions andd business cases.

Provide a leading developer experience

Setup and prove value in days, not months

Onboard ecosystem partners with ease, providing a seamless developer experience. Utilise the admin portal to flexibly adjust user configurations whilst enabling your partners to easily create, share, test and document APIs with Postman downloads as standard.

A diagram of a simple 4-step onboarding process

Rigorously evaluate new propositions and partnerships by testing them under production-like conditions. We combine a core banking simulator, synthetic test datasets and programmatic consent flows, all delivered via FAPI compliant APIs, to create realistic test conditions upon which to build your propositions andd business cases.

Benefits

Oolys enhances your infrastructure to turn your platform into a business

Improved efficiency

  • Reduction in the cost-to-develop API Products

  • Reduction in cost-to-develop partner propositions

  • Reduction in cost-to-run test environments

Reduced Risk

  • More rigorous and realistic test scenarios

  • Reduced risk of non-compliance with standards

  • Test with synthetic instead of masked customer data

Greater opportunity

  • Quickly increase and iterate on your API catalogue and services

  • Reduce time-to-market for new differentiated API services

  • Onboard and validate new partnership opportunities faster

“The Oolys platform has been central to our Open Banking regulatory commitments and innovation work. Having the ability to seamlessly collaborate with third-parties to rapidly test and validate ideas has unlocked real value in developing innovative products and services for our customers."

Dan Globerson, Head of Open Banking, Natwest
Dan Globerson
Head of Open Banking
Natwest Bank Logo

Book a demo

See what Oolys could do for your platform banking ambition. Book a demo with our team.

Thank you
A member of our team will reach out to you to schedule a short demonstration of the features and capabilities of the Oolys platform.
In the meantime you can always contact us at info@oolys.com.
Oops! Something went wrong while submitting the form.