Endava, a global provider of digital transformation, agile development and intelligent automation services, today announces its new partnership with leading financial API platform, Salt Edge.
Salt Edge is an award-winning open banking services provider that offers compliance and account aggregation solutions. With connectivity to 5,000+ of financial institutions in 50 countries, banks can facilitate their customers getting instant access to account data and adding a secure payment method. Its Open Banking Compliance Solution is a full-service environment for banks and EMIs to enable them to meet the strictest regulatory requirements in a matter of weeks. The solution adjusts to meet the requirements of new jurisdictions, including Europe’s Berlin Group, UK’s Open Banking, Australia’s CDR, Brazil’s Financial-grade API and Saudi Arabia’s and Jordan’s API standards.
Open banking is set to be a game-changer in financial services and is transforming how we access and manage our money and is growing in momentum, particularly in the UK.
Endava’s expertise, especially across finance and payments, will allow banks and third-party providers (TPPs) to keep pace with the adoption of new innovations and meet their regulatory obligations. This ultimately means a smoother, faster time to market whilst delivering the innovative solutions that businesses need to grow and scale.
Iulian Mitrea, Head of Partners Ecosystem, said: “We are excited to partner with Endava to align our efforts in helping more businesses and financial institutions benefit from countless open banking opportunities. Leveraging Endava’s deep knowledge and expertise in various industries, the collaboration will enable clients to thrive in this rapidly changing landscape by simplifying financial innovation, ensuring compliance, and providing secure open banking solutions.”
Andrew Davies, Global Head of Payments at Endava, said: “We’re delighted to partner with Salt Edge with their open banking expertise and easy, seamless and PSD2-compliant integrations. Their flexible and timely solutions align with Endava’s agile delivery, enabling customers to innovate quickly and effectively.”
Lewis Brown, Endava’s Head of Alliances and Partnerships, said: “Salt Edge provides extensive expertise in open banking and interoperability between banks and third parties and is a fantastic addition to our growing partner ecosystem.”
