2. Finteon’s Open Banking Products and Services
Finteon’s Open Banking as-a-Service (OBaaS) has been designed and priced specifically for Small Australian
Mutuals in order for them to meet their ACCC CDR obligations in a timely and cost effective manner:
1. Consulting services and tools to produce the CDR Product Reference Data specification before October 2020
2. Integrated software products that provide all required CDR Open Banking functionality independent to the
client’s Core Banking System (CBS)
• Does not require CBS customisation for Data Extraction as it uses existing and proven CBS Data Extraction capability
solutions
• Unique Pay as you go pricing model
3. APRA CPS234 Compliant
OVERVIEW
3. Banks other than the Big Four need
to provide product reference data
specifications
Finteon Fast Track
Consulting services and
tools
Integrated software products that provide
all required CDR Open Banking
functionality independent to the client’s
Core Banking System (CBS)
Timeline
Hosted
Private Cloud
Finteon
Azure Public Cloud
(native)
Core Banking
Finteon
API Fabric
(Azure)
APIOpen Banking
Product
API
1 October 2020
4. Finteon’s APRA CPS234 Information Security Service Offering
CPS234 defines the requirements for resiliency against information security incidents
(including cyber- attacks) by maintaining an information security capability commensurate with information
security vulnerabilities and threats. Finteon provides:
• Expert Profession Services to assess the Client’s risks (Cobit 7 framework) and provide recommendations to
become and remain compliant
• Products and Services complementing the Mutuals’ current ICT capabilities to assist in meeting CPS234
requirements in a timely manner
Finteon’s Capabilities
• Finteon has 100’s of collective years experience with Tier 1 Banks globally globally and has packaged it for the
Australian Mutuals
• Finteon’s Digital Technology Solution Partners are Global leaders in their specific markets
• Finteon’s Open API and Cloud Native Integration layer is vendor product agnostic, providing Mutuals with choices
that best fits its needs (timely and cost effective)
CPS234 Compliance
5. If you would like further information or need to have an initial discussion about
this solution before the cut off in October 2020, then please contact us and we
will be happy to work with you through the process.
Theo Adis
+61 433 144 584
Theo.adis@finteon.com
www.Finteon.com
Thank You
