Intermediaries face rising risks
Open finance has fundamentally reshaped financial services and introduced new risks.
Intermediaries face growing issues
Intermediaries need a risk management network
Intermediaries face a fragmented and inefficient accreditation environment. Each financial institution applies bespoke standards, forcing duplicated effort, higher costs, and inconsistent compliance burdens. This lack of cohesion undermines resilience and slows access.
The strategic consequences are equally significant. Delayed partnerships with financial institutions and third-party providers erode time-to-market. Elevated compliance and onboarding demands drain resources from innovation and growth, while the absence of shared infrastructure prevents economies of scale and keeps costs high. Limited visibility into downstream risks heightens exposure to sudden disruptions in account access, and undermines confidence in intermediaries ability to safeguard continuity and resilience.
Invela delivers risk managment and scalable operational efficiency and resilience
Single application, multiple institutions
Access all financial institutions on the Invela Network via a single, streamlined, standardized accreditation optimized for open finance.
Faster time-to-market
Accelerate partnerships with financial institutions and third-party providers.
Focus on growth
Free up resource via efficient onboarding of third-party providers, reduce costs via economies of scale, make improvements via access to Invela’s benchmarking and insights.
Increase resilience
Reduce the potential for financial institutions to switch off intermediary account access, as proactive action is enabled via dynamic, near real-time risk visibility into accreditation status and risk indicator scores of downstream third-party providers.
Signal stewardship
Demonstrate good stewardship of the open finance ecosystem by encouraging third-party providers to join the Invela Network and participate in the Invela Warranty.
See Open Finance Risk Management in action
