{"id":2768,"date":"2020-05-14T10:42:23","date_gmt":"2020-05-14T14:42:23","guid":{"rendered":"https:\/\/prolifics.com\/us\/?p=1747"},"modified":"2025-09-16T12:31:09","modified_gmt":"2025-09-16T07:01:09","slug":"prolifics-open-banking-saas-solution-recognized-by-ibm-2","status":"publish","type":"post","link":"https:\/\/prolifics.com\/usa\/resource-center\/blog\/prolifics-open-banking-saas-solution-recognized-by-ibm-2","title":{"rendered":"Prolifics Open Banking SaaS Solution Recognized by IBM"},"content":{"rendered":"<p>We\u2019re excited to announce that Prolifics\u2019 Innovation through Open Banking solution is an IBM 2020 Beacon Award finalist in the \u201cOutstanding Hybrid Cloud Solution\u201d category. The <a href=\"https:\/\/www.prolifics.com\/uk\/\">Prolifics UK Innovation Lab<\/a> originally implemented the solution for a large British banking organization and has since implemented it at multiple major banks in the UK.<\/p>\n<p>\u201cIBM is proud to recognize Business Partners who strive to enhance client experiences, drive business growth, and change the world\u2026The IBM Beacon Award recognizes Business Partners worldwide who use IBM products and technology to create outstanding solutions and spark innovation,\u201d states IBM on their site announcing this year\u2019s award winners.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><img decoding=\"async\" class=\"alignnone wp-image-29436 size-full lazyload\" data-src=\"https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-scaled.jpeg\" alt=\"\" width=\"2560\" height=\"1707\" title=\"\" data-srcset=\"https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-scaled.jpeg 2560w, https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-300x200.jpeg 300w, https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-1024x683.jpeg 1024w, https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-768x512.jpeg 768w, https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-1536x1024.jpeg 1536w, https:\/\/prolifics.com\/usa\/wp-content\/uploads\/2020\/05\/AdobeStock_176895556-2048x1365.jpeg 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 2560px; --smush-placeholder-aspect-ratio: 2560\/1707;\" data-original-sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n<\/div>\n<p>Recent Open Banking initiatives in the UK and the EU\u2019s PSD2 are changing how banks, their customers and third parties access, share and secure the customers\u2019 financial information. These regulations reflect customers\u2019 desires for digital access and self-serve functions for financial products and services, as well as ownership and portability of their digital financial accounts and transactions across providers.<\/p>\n<p>Prolifics sees these initiatives, along with similar ones in the US, Middle East, Australia and Asia, as opportunities for financial organizations to reinvent themselves as more open, responsive, customer-centric and partner-friendly. Our Innovation Through Open Banking solution offers:<\/p>\n<ul>\n<li>Securely exposed, open APIs for use by both the business and third-party organizations<\/li>\n<li>A robust SaaS API management platform, leveraging IBM\u2019s leading cloud, API, and integration products<\/li>\n<li>Access to a preconfigured sandbox environment built on IBM Cloud\/SaaS software, enabling rapid testing of integration points<\/li>\n<li>A dedicated Prolifics managed services team that helps manage post-deployment complexities, freeing the organization to focus on customer service and future innovation<\/li>\n<\/ul>\n<p>The solution provides a quick win and a quick path toward compliance with the new regulations. With the solution in place, the client can rapidly build a secured API marketplace, generating new products and services and adding new features to current offerings.<\/p>\n<p>As similar initiatives arise elsewhere in Europe, the UK and around the world, this solution can be quickly adapted to meet those requirements. It is also a good fit for banking organizations seeking to innovate business practices in an open banking, API-centered model. But the base solution isn\u2019t restricted to Banking \u2013 Prolifics has also extended the underlying IBM solution to provide capabilities for other industries such as Open Insurance and <a href=\"\/us\/resource-center\/specialty-guides\/fhir-guide\">FHIR for Healthcare.<\/a><\/p>\n<p>To learn more about Prolifics, visit our website at <a href=\"https:\/\/gold-salmon-281917.hostingersite.com\/us\" target=\"_blank\" rel=\"noopener\">prolifics.com<\/a> and our UK site at <a href=\"https:\/\/www.prolifics.com\/uk\/\">prolifics.com\/uk<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re excited to announce that Prolifics\u2019 Innovation through Open Banking solution is an IBM 2020 Beacon Award finalist in the \u201cOutstanding Hybrid Cloud Solution\u201d category. The Prolifics UK Innovation Lab [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":7966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[49],"tags":[],"class_list":["post-2768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"acf":[],"builder_content":"","_links":{"self":[{"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/posts\/2768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/comments?post=2768"}],"version-history":[{"count":0,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/posts\/2768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/media\/7966"}],"wp:attachment":[{"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/media?parent=2768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/categories?post=2768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prolifics.com\/usa\/wp-json\/wp\/v2\/tags?post=2768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}