PSD2 Data Reporting

There are certain standards and requirements you need to adhere to when you offer open banking services as a PSD2 compliant organization. The Account Servicing Payment Service Providers (ASPSPs) are required to make their statistics available to respective national authorities and open banking authorities to monitor compliance with PSD2/RTS. In order to satisfy this, the WSO2 Open Banking solution offers data reporting feature.

The Data Reporting feature gathers and monitors data in regard to the APIs invoked through the WSO2 Open Banking solution. This observes the following aspects.

• Performance and availability 
      Understand and monitor the availability and performance of the supported APIs.

• Adoption 
      Identify the effectiveness, which ASPSPs are being engaged more by TPPs as a part of their ongoing activity.

• Data volumetrics 
      The efficacy of the open banking standards as a part of ongoing standards management activity.

The WSO2 Open Banking Business Intelligence(OBBI) captures the data through WSO2 Open Banking API Manager(WSO2 OB APIM) and WSO2 Open Banking Key Manager(WSO2 OB KM). It processes and summarizes the data in a way that ASPSPs can generate their own reports and summaries.

Open

Data Reporting captures the data in the following flows : 

• API invocation data from the AISP and PISP flows

• Authentication data through the Strong Customer Authentication flow

• Authorization data using the Authorization flow

• Application registration data through the TPP onboarding process

Configuring Data Reporting

The following sections explain how to configure Data Reporting: