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Open API ecosystem

Open Banking or Open API Ecosystem can reshape the view of the financial services and increase collaboration between banks and clients. Where both banks and customers are suffering in this era of a pandemic, Open Banking Ecosystem plays an important role. With Adfolks Open APIs, several companies are generating unique and customized services for their customers. For more information, visit at https://www.adfolks.com/

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Open API ecosystem

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  1. Open API ecosystem by Adfolks LLC

  2. Why Open APIs? • API’s introduction within the banking service supports both customers and businesses that give them the liberty to access all banking data in real-time. It offers them more exact and up-to-date information on their finances. • ADFOLKS LLC • Open banking gives financial services access to more information about customers to make a more compelling experience where possible. 02–6

  3. Real-time data interpretation to Re-invent inventory management iGeneration – Digital Twin IoT framework Log studio / Log pipeline studio Products An exhaustive solution bridging the gap between operational data in factories and business metrics to give combined visibility for better planning, optimization, and collaborative decisions to improve production uptime​ Easily integrate multiple log source systems in real-time with Scale, Speed, Simplicity, and Coverage to a wide variety of destinations at low cost with a license model not based on the log volume. A single source of truth. A service offering for accurate, real-time, granular & global view of current stock position & future stock availability. • ADFOLKS LLC 03–6

  4. TECHNOLOGY TOOL AND APPROACHES THAT CAN HELP FIS IN THE MIDDLE EAST TO IMPLEMENT OPEN BANKING API • ADFOLKS LLC 04–6

  5. 05-6 A successful API strategy should not only focus on the outbound APIs, i.e. the APIs exposed by the financial service company but these companies should also have a strategy of using APIs from other companies(like Fintech companies), as this will allow rapid creation of new services, by building further on functionality exposed by partner companies.

  6. Contact details We are here to help you • LOCATION The Onyx Tower 2, Office 410, Next to Emaar Business Park Dubai - United Arab Emirates • MOBILE PHONE +971 4 346 3002 • EMAIL ADDRESS info@adfolks.com 06-6

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