Brad McInnes, co-founder of Tapico, and Samantha Seaton, CEO of Moneyhub Enterprise, shared their thoughts on some of the use cases for Open Finance in the advisory industry during our virtual OBE Open Finance panel.
Brad states that the use of Open Finance for advisory services is really all about creating an aggregated view. Brad points out that having that view sit underneath an advisor means that a better quality of financial advice can be given to an end user.
What is Open Banking Excellence (OBE)?
Open Banking Excellence (OBE) is the world’s leading community of Open Banking and Open Finance pioneers. It’s an industry ‘campfire’ that brings together FinTechs, banks, industry participants, regulators, BigTech companies and legal advisers to learn, share stories, spark debate and collaborate.
Our mission is to be the authentic voice representing a global movement of like-minded experts who through collaboration provide technical, regulatory and legal insight into Open Banking and Open Finance and their wider implications for a dynamic, innovative and fast-growing financial sector.
We believe Open Finance will help build a better world through financial inclusion, social change and by providing greater control and choice to us all.