Overview
The solution aggregates connections to different banks and API hubs, providing access to multiple account-holding banks and institutions in one place. Instead of developing and maintaining a number of API specifications you use a single standardized interface.
Tietoevry Financial API Aggregation service mediates the technical and application level dialogue between you and the banks’ infrastructures.
It converts service requests and responses between different software formats, as well as monitoring and implementing API updates.
For more information please visit:https://aggregation.api.tieto.com/
Key Features
Main solution features:
- Fast Integration - API is built on a basis of the Berlin Group specifications and is designed for fast integration
- Unified API - One single API integration to access transaction data, identity, balance, statement, and payment initiations in real-time from hundreds of banks
- Secure API - client SSL certificate + unique API key. Store tokens, not credentials.
- Automated onboarding.
- Development - Development portal and API Products make it easier for you to integrate with Aggregation Platform.
- Testing - sandbox is available for you to check your readiness and entrusts for a real connection.
- Reporting - various reports that help you to analyze your business.
Key Benefits
Unified API One single API integration to access transaction data, identity, balance, statement, and payment initiations in real-time from hundreds of banks
Tietoevry's mechanism to register with destination banks All registration steps in destination banks will be covered by Tietoevry and customers only need to upload the necessary eIDAS Qualified Certificates. With this registration approach there is no need for customers to manually create an account in the bank’s developer portal, fill-in data forms, and have lengthy emails exchange with the bank.
Multiple onboarding guarantee a very fast onboarding Procedures and mechanisms that use a Tietoevry can connect big groups of banks that have different APIs for each country. For customers not required a manually register with each API separately Tietoevry cover also this step and customers can be focused only on business only.
Personal Workplace The easy-to-use and intuitive customer workplace allow creating applications and subscriptions to destination banks and APIs. Monitoring of all activities, APIs, and heir availability provides a full picture of your business.