Organisations exploring the open banking sector and smart data ecosystems could come across hurdles when looking to implement new technologies. Looking to offer help, Raidiam, the data-sharing fintech which delivered the first Trust Framework for Open Banking in the UK, has launched a new service: Raidiam Advise.
Raidiam Advise provides consultancy and expertise based on global insight for any market, sector or entity that is considering data sharing on a large scale. Clients will be provided with services including market education and training, strategy formulation, and national ecosystem design, to support their own market implementation.
Raidiam recently bolstered its advisory team with two senior appointments: Jim Wadsworth as head of advisory and Lauren Jones as strategic advisory partner to build and lead this new offering alongside the existing team of specialists.
Jim Wadsworth, head of advisory, Raidiam said: “Working with a team which has such extensive know-how is fantastic for Lauren and me, and I believe there’s no better place to be to support the next wave in open banking. There are huge opportunities for countries and businesses in unlocking their true potential and I’m excited to see what we’ll deliver over the coming months.”
Understanding open banking smart data ecosystems
Clients of Raidiam Advise will be able to upskill on open banking knowledge, navigate difficult questions surrounding roles, governance, and target operating models, and address ecosystem design and technology requirements. As a team of specialists with deep domain knowledge in this field, Raidiam is already a trusted advisor to governments and regulators globally and is uniquely suited to help clients define their strategy and roadmap around open ecosystems.
Lastly, Raidiam Advise will sit alongside Raidiam’s existing technology products – Connect, Enable and Assure – to provide a full suite of end-to-end services.
Barry O’Donohoe, co-founder and CEO, Raidiam said: “We have a unique heritage when it comes to delivering data sharing ecosystems. It seems only natural to formalise our advisory capabilities to allow us to share this knowledge and expertise with businesses and countries looking to explore the open banking space. Jim and Lauren have already proven to be valuable additions to the team and I’m excited to see what further impact we have on the advancement of data sharing ecosystems worldwide.”
