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The WSO2 Open Banking integration component provides required integration points to integrate with core banking systems, banking applications, and any other required third-party systems including legacy systems.

Analytics and Business Insights

The WSO2 Open Banking analytics and business insights component enables monitoring and recording of API-level usage activity to ensure that the API owners have full awareness of the APIs, applications, and the subscriptions. It also supports business KPI dashboards with business intelligence and insights on usage trends as well as custom business insights on the account and payment flows. The decision makers of banks can use these statistics to align the business to better suit the customer needs and ultimately increase profits. The configurable alerting module enables informing the necessary parties of abnormal behavior, e.g., API failures, a sudden increase in the response time of APIs, and a change in the API resource access pattern.

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