A quick presentation to understand DEPA - Data Empowerment and Protection Architecture and it's impact on the Indian ecosystem of digital products and services. DEPA empowers people to seamlessly and securely access their data and share it with third party institutions. DEPA is final layer of India Stack – a series of digital public goods to enable private market innovators to improve the digital services.

1. DEPA
I n t e r p r e t a t i o n & N e w O p p o r t u n i t i e s
Data E mpowerment a nd Pro tectio n Architecture

2.  A new and improved data governance approach.
 Empowering individuals with control over their personal data.
 Operationalizing the secure sharing of personal data.
 Enabling small businesses to access wide range of affordable
financial products.
• Joint Public-Private Effort
 iSPIRT Foundation, DICE India, Sahamati and CredAll
• Non Profit Players
 Financial Sector Regulators - RBI, SEBI, PFRDA & IRDAI
 Ministry of Finance
 Ministry of Health and Family Welfare
 National Health Authority
 Ministry of Information Technology
 TRAI
• Key Orchestrating Players
 SBI, IDFC First, HDFC Bank, ICICI Bank, IndusInd Bank, Axis
Bank and Kotak Bank
• Private Players
What is DEPA?
DEPA empowers people to seamlessly and securely access their data and
sha re it with third pa rty institutio ns.

3. DEPA is final layer of India Stack – a series of digital public
goods to enable private market innovators to improve the
digital services.
Giving every resident a unique id
and enabling them to prove “I am
who I am claim to be”
 Aadhaar
 eKYC
 eSign
IDENTITY LAYER
Enabling interoperable, instant and
cheap payments.
 UPI
 Aadhaar Payments Bridge
 Aadhaar Enabled Payment
Service
PAYMENTS LAYER
 DigiLocker
 Consent Artefact
 Account Aggregator
DATA EMPOWERMENT

4. DEPA introduced creation of new market players called “Consent Managers”. These Consent Managers
in financial sector are known as “Account Aggregators”.

5.  Open Standards
 Revocable
 Granular
 Auditable
 Notice to all parties
 Secure by design
• Consent Principles (ORGANS)
 Standard format of information irrespective of information
provider.
 Allows data recipient to quickly interpret and understand the
information.
• Financial Information Standards
 Enable new Consent Managers to Plug in to a common sharing
system rather than to build integrations with multiple
information providers.
• Open API for Data Sharing
Technology Foundation

6. DEPA Impact & Opportunities
 Only 8% of MSME had access to formal finance.
 The Account Aggregator framework could transform access to
much-needed working capital credit for micro enterprises.
MSME Working Capital
 Access to full financial profile of user to entrepreneurs
and start-ups to ideate and innovate.
360° User Financial Profile
 Tech enabled Consent Manager (AA) platform are allowed
to facilitate a data exchange by charging a nominal fee.
Consent Managers (Account Aggregator)
 Transformation of offline to online data sharing process will
significantly enhance the user experience.
Better User Experience

7. THANK YOU