apidays LIVE New York 2021 - API-driven Regulations for Finance, Insurance, and Healthcare July 28 & 29, 2021 5 Pragmatic steps to unlock Open Finance with APIs Marcilio Oliveira, Co-founder & CGO at Sensedia

1. API Days New York 2021
5 Pragmatic Steps to unlock
Open Finance with APIs
Marcilio Oliveira
Co-Founder & CGO
marcilio@sensedia.com

2. 5 Pragmatic Steps to unlock Open Finance with APIs
API Days New York 2021
Sensedia.com
Conceptually -
Unlock the "backend"
1
Reform your
architectural view
2
Platform Thinking
3
Consider API Care &
Developer Experience
Seriously
4
Strategy &
API Playbooks
5

3. API Days New York 2021
Sensedia.com
Customer Environment
Legacy
Database ERP Services Cloud
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability Uncertain model of
business
Complex
legacies
systems
What's in the way? How we help our customers
Partners integration easily
New digital products
API as a product
Innovation
Modern
Integration
Platform
API
Platform
Events
Hub
Service
Mesh
Conceptually -
Unlock the "backend"
1
Some
businesses….
Same
challenges

4. API Days New York 2021
Sensedia.com
Customer Environment
Legacy
Database ERP Services Cloud
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability Uncertain model of
business
Complex
legacies
systems
What's in the way? How we help our customers
Partners integration easily
New digital products
API as a product
Innovation
Modern
Integration
Platform
API
Platform
Events
Hub
Service
Mesh
Conceptually -
Unlock the "backend"
1
Customers stories:
BAAS - Bank as a Service
New Corporate Solution
Loan product for fintechs
network
An innovative platform for
developers solutions

5. Reform your
architectural view
2
The Composable
Business Architecture
Sensedia.com

6. User Interface
Business
Logic
Monolithic
Application
Data Layer
BACKEND
Delivery of Products & Services
PARTNERS
END CONSUMERS
API Days New York
2021
Sensedia.com
The Challenge

7. User
Interface
Business
Logic
Monolithic
Application
Data Layer
Optional User Interface
APIs
Internal Data
and Metadata
Event
Channels
PBC (Packaged Business Capability)
Microservices approach
Independently deployed
Svc.
Svc.
Svc.
Composability
● Open x Restrict APIs
● Product mindset for APIs
● Adaptive Governance
● Mesh architecture for microservices
Relevant
additional
skills
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
API
Products
APIs, Events Stream Interface
UX - First
Applications

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

9. User
Interface
Business
Logic
Monolithic
Application
Data Layer
API- Only
Applications
API- First
Applications
UX - First
Applications
API
Products
Difficulty in
partners
onboarding
Security
Vulnerabilities
Lack of agility
and control
Limited
Scalability
Uncertain model of
business
Complex
legacies
systems
Modern
Integration
Platform
API
Platform
Events
Hub
Service
Mesh
PARTNERS
END CONSUMERS
Business API
Marketplaces
Anti fraud
Monolithic System
Anti fraud Solution
delivered as APIs
● 15 x increase in
processing performance
● Enable multiple
integrated partners
Microservices
● More than 140 million cards issued.
● Developers Portal to create solutions
using APIs.

10. 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

11. Platform Thinking
3
Platform Positioning
Sensedia.com
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

12. API Days New York 2021
Sensedia.com
Platform Thinking
3

13. API Days New York 2021
Sensedia.com
Styles of
“digital
platforms”
entry points
Benefits
& Risk
Potential
Amount &
Diversity of
Connections
Source: Gartner 2019
Individuals | Things (IoT) | Startups | Partners
Competitors | Vendors
PUBLIC
INTERNAL
RESTRICTED
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

14. API Days New York 2021
Sensedia.com
Styles of
“digital
platforms”
entry points Individuals | Things (IoT) | Startups | Partners
Competitors | Vendors
Sensedia's
Customers
PUBLIC
INTERNAL
RESTRICTED
Supply Chain | Customers
Things (IoT)
Employees
Providers
Source: Gartner 2019
H
i
g
h
e
r
L
o
w
e
r
H
i
g
h
e
r
L
o
w
e
r
Digital
Companies

15. “
The competition is not only
between companies, it’s
between business
ecosystems.
Philip Kotler

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

17. Consider API Care &
Developer Experience
Seriously
4
Improving your
Developer Experience
Empowering your API
Care Operation
Sensedia.com

18. API Days New York
2021
Sensedia.com
Ecosystem Management
Source: Digital Business Technology Platform (Gartner)

19. ● 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
API Days New York 2021
Sensedia.com

20. Developer
Experience
● Self-service
● Access control & onboarding
● Sandbox
● Code examples & SDK
● On Dev way
API Days New York 2021
Sensedia.com

21. ● Service Level Agreement
● Scale & stability
● Policies & throttling
backend protection
API Days New York 2021
Sensedia.com

22. ● Dashboards & alerts
full API operations
● Adjust logs need
(Clearing the noise is hard)
● Be pro-active
and get people informed
API Days New York 2021
Sensedia.com

23. Strategy &
API Playbooks
5
The Open Finance
Strategy & Playbooks
Sensedia.com

24. API Days New York 2021
Sensedia.com
The traditional
model of the
FINANCIAL
SERVICES
PROVIDERS is
under pressure
The OPEN FINANCE
strategy makes it possible
to use these forces to your
advantage.
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

25. API Days New York
2021
Sensedia.com
Open Banking Regulations Worldwide
Source: Gartner

26. API Days New York
2021
Sensedia.com
Playbook - Open Finance
● Pains and Journeys
● Business Case
● API Value Identification
● API Selection and Categorizing
● API to Use Cases Mapping
● Tech / Digital ecosystem list
Open Banking Strategy
● 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
● Prioritized APIs Design
● Technical Documentation (Swagger and
GraphQL)
● API Analytics Dashboards Configuration
● Publishing APIs to Developer Portal
API Design & Build
● Governance Models
● Continuous API Governance
Improvement
● Governance and API
Lifecycle
● Security Program & Policies
API Governance
● Developer Engagement
● Partner Management
● API Care and Operation
● Reports
● Business inputs and
dashboards

27. Backend and
Core Financial Applications
Banks / ASPSP TPPs
DBs Microservices Cloud Webservices Legacy
API Days New York
2021
Sensedia.com
Open Finance Solution
Open Finance
API Templates
Core API
Management
Platform
Security and
API Protection
Scalability,
caching and
rate limiting
Governance and
integration best
practices
API users
engagement
experience
Participant’s
Directory
Access Identity
Certificates
Directory Information
Participant Information
Provided By Brazilian
Central Bank
Connection and Transformation
Authorization Server FAPI
RW OpenID Connect
Consent Management
Governance and Reports
Developer Portal and Sandbox

28. API Days New York 2021
Sensedia.com
Open
Finance
Platform &
Playbook
+
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

29. 5 Pragmatic Steps to unlock Open Finance with APIs
API Days New York 2021
Sensedia.com
Conceptually -
Unlock the "backend"
1
Reform your
architectural view
2
Platform Thinking
3
Consider API Care &
Developer Experience
Seriously
4
Strategy &
API Playbooks
5

30. ○ 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
API Modern Integration Platform and
Specialized Services

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

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

33. API Days New York 2021
Questions?
Marcilio Oliveira
Co-Founder & CGO
marcilio@sensedia.com