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Learn how Amplify API Management
Platform can help you prepare for open banking
To compete effectively
in today's banking
environment, it's crucial
to bring value-added
services to market with
the kind of agility that
fintech companies have,
and that is what our
partnership with Axway
and Sopra Steria is
enabling us to achieve.
Taking the next step
By moving forward with Axway and Sopra Steria on the next phase of its
open banking transformation journey, Groupe BPCE is confident that it
has built a partnership for long-term success. APIs are now the standard
tool for building services across applications, and fully integrated into the
development culture at Groupe BPCE.
"Although we have not yet measured the financial gains, the ability to adapt
or reuse existing code clearly makes an API-first approach less costly," says
Pinaud. "In addition, time to market is greatly reduced, because we don't have
to think about the architecture when creating a new service. The patterns and
standards are written, so you can just focus on the functionality. Similarly,
security is built into the Axway API layer, so we can apply and evolve the
standards in a single place."
In addition to strengthening its existing APIs as demands grow, Groupe
BPCE is working towards an industrialized development approach based
on CI/CD [continuous integration, continuous delivery]. The company is
also renewing its gateway architecture, going from a handful of gateways
to potentially 150 that are specialized for individual use cases and services.
"To compete effectively in today's banking environment, it's crucial to
bring value-added services to market with the kind of agility that fintech
companies have, and that is what our partnership with Axway and Sopra
Steria is enabling us to achieve," concludes Pinaud. "In the years ahead,
APIs will become increasingly important to deliver services efficiently
and at low cost to our customers and nurture their loyalty. Amplify API
Management Platform offers us the secure, scalable platform we need to
drive open banking innovation."
