These cookies are required for the website to function properly. They ensure security, enable basic features like page navigation, and store user session data. You cannot disable these cookies.
- Open Banking API Platform
- Who it's for
- Banking operations
Banking operations
A banking operations team often sees several versions of the same story: an internal request, a provider acknowledgement, a settlement notice and perhaps a later correction. Open Banking API Platform keeps those records connected to the instruction so the team can tell which event changed the operating state.
How Open Banking API Platform is set up for you
Provider liaison
The preparer retains the provider instruction identifier and follows submitted work until a confirmed outcome is checked.
Evidence review
The independent reviewer checks the provider event identifier, type, amount and occurrence time. Verified evidence supports the instruction's confirmed state.
Exception follow-up
The team keeps a correction or failed receipt visible with the earlier event, then records the discrepancy that needs investigation.
A banking operations team often sees several versions of the same story: an internal request, a provider acknowledgement, a settlement notice and perhaps a later correction. Open Banking API Platform keeps those records connected to the instruction so the team can tell which event changed the operating state.
Choose one provider and document how its instruction identifiers and event identifiers appear in the organization's records. Set the rule for when a statement, confirmation or settlement notice counts as verified evidence. Agree who uploads supporting files and when a file should be internal or shared.
Rehearse a straightforward instruction from authorization through submission. Leave it in pending work until the provider event can be compared with the instruction. Then introduce a correction event and ask the reviewer to explain what changed without deleting the first event. The Auditor should be able to find the provider reference, evidence lines, attachments and receipt in one connected trail.
The provider connection is a setup decision for each banking relationship. Keep ownership of response monitoring explicit so a submitted instruction does not disappear between internal authorization and bank confirmation.
Features to start with
Organizations and counterparties
Keep organization membership and eligible bank relationships clear before an instruction starts.
Bank instructions
Prepare an owned banking instruction with a clear amount, date and counterparty.
Access consents
Keep bank-data access requests, decisions and provider grants together.
Roles on the team
- Auditor
- Read authorized evidence and reports in a scoped, read-only audit view. No record writes and no action execution.
- App Administrator
- Maintain organization configuration and membership. Administrative membership does not confer approval, financial or execution authority and cannot grant an independent reviewer entitlement.
- Independent Treasury Approver
- Review eligible instruction revisions independently and reconcile operational evidence. Approve or reject through guarded actions only; no unrestricted editing of protected or executed records; a reviewer cannot approve their own submission.
- Treasury Preparer
- Prepare assigned operational records and execute eligible reviewed actions. Own organization and draft scope only; accepted, posted and provider evidence is read-only; guarded workflows authorize every transition.
Set up Open Banking API Platform your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.