We are delighted to confirm that Raidiam is part of the consortium selected by the Central Bank of the UAE (CBUAE) to deliver its Open Finance initiative. Along with Core42, Ozone API and Strategy&, we will be implementing this key part of the CBUAE’s Financial Infrastructure Transformation (FIT) Programme.
This ambitious Open Finance implementation by the CBUAE is the first globally to implement a consolidated framework and centralised API hub, enabling a single and secure connection for the authorised participating third parties to access the whole of the banking and insurance markets.
Raidiam is providing the Trust Framework via our Raidiam Connect Trust Platform. This technology is already in operation in all fully functional Open Finance ecosystems around the world as the infrastructure trusted by regulators and governments.
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