Current Projects
Current initiatives for this subject area in Switzerland usually originate from companies that have taken on the role of manufacturers of backend systems or providers. This is done with the aim of creating an attractive offering for financial service providers and TPPs and thus strengthening or expanding their business activities.
The following table provides a non-exhaustive overview of current projects in Switzerland (as of November 2021):
Current Projects
Current initiatives for this subject area in Switzerland usually originate from companies that have taken on the role of manufacturers of backend systems or providers. This is done with the aim of creating an attractive offering for financial service providers and TPPs and thus strengthening or expanding their business activities.
The following table provides a non-exhaustive overview of current projects in Switzerland (as of November 2021):
| Initiative | Category | target audience | Specification of the APIs | Current technical coverage | maturity |
|---|---|---|---|---|---|
| avaloq.one | Open Banking marketplace | Avaloq banking clients and TPPs | individual | Account information, payment transactions, CRM, financing, asset management and more | in use |
| Finnova Open Platform | Integration platform incl. APIs | Banks with Finnova as backend system | individual | Account information, payment transactions, financing, taxes and more | in use |
| Finstar Open Platform | API platform | Banks with Finstar as backend system, TPPs | individual | Account information, payment transactions, digital customer opening | in use |
| Inventx Open-Finance Platform | Open finance system | Insurance, Provider, Swiss banks, TPPs, | individual | Account information, payment transactions, investing and more | in use |
| OpenBankingProject.ch | Knowledge platform, community APIs, developer portal | Manufactures backend systems, Provider, Swiss banks, TPPs and more | freely available | Account Information service, payment initiation service, confirmation of funds service, bankable | in use |
| OpenPK Project | Pension APIs | Pension funds, Swiss banks, TPPs | freely available | Pension fund data enquiry, buying transactions and more | under construction |
| OpenWealth Association | Wealth APIs | Banks, External Asset Managers and TPPs | public access to major version | Custody Services, Customer Management, Order Placement | in use |
| Swiss Fintech Innovations (SFTI) Common API | Banking API specification | Backend systems, Insurance, Providers, Swiss banks and TPPs, | freely available | Account information, payment transactions and mortgage | in use |
| SIX b.Link | API Platform with service aggregation | Swiss banks and TPPs | individual | Account information and payment transactions for business customers | in use |
| Swisscom Open Business Hub | API Marketplace | Insurance, Swiss banks and TPPs | individual | as needed | in use |