Regulatory data governance
SaaS solution that enables regulatory data governance, organizing your company's operation.
Open banking da Teros é uma solução SaaS que viabiliza, de maneira completa, a implantação da infraestrutura para operar no ecossistema de open banking e open insurance. Além de prover toda a infraestrutura, a solução acompanha a regulação para ter sempre uma resposta adaptada às mudanças que ela acarreta.
O Banco Central lançou o open banking no Brasil em fases. Em cada fase, diferentes tipos de dados são compartilhados, e novas instituições passam a participar do ecossistema, desde que estejam adequados à regulação. A regulação implica em padronização, tanto tecnológica quanto regulatória de todos os participantes, para garantir que o dado seja compartilhado de forma segura, protegendo o usuário de possíveis fraudes e vazamentos.
The institution needs to prepare to expose its data, that is, leave its data standardized so that other institutions can obtain it. This requires a dev portal and exposure APIs.
To obtain open banking data, the institution needs to integrate with each of the ecosystem participants. Remembering that reciprocity is a requirement in open banking. So, yes, your institution's data must be exposed so that any participants can have access to it. Also, each data service will be a different API. In other words, the horizon in terms of API volumes for open banking will be huge. Thus, an API Integration Hub plays an important role in facilitating the integration with all services as well as in managing these APIs.
The institution needs to ensure that data is shared with the consent of the user and data owner, at all times. This is valid both for those transmitting the data and those receiving the data. Your institution needs to inform users about how their data is being used, how they can control it, how it is stored and/or how the company is audited. For this, it will need a technological solution to obtain the user's consent, in addition to involving the legal, risk and compliance area, to ensure that the consent terms are adequate for each data call.
The institution needs to govern all data that will be shared in the new ecosystem, including the terms and consents obtained in each transaction. As Open Banking and General Data Law regulations are in a continuous process of adaptation and improvement, it is essential to constantly update the contracts and terms. Having a single record for your data transactions already attached to the consent and an easily accessible repository will be critical, considering the scale of data sharing.
Finally, your institution needs to promote a good journey for the user when consenting to release data, in a way that is clear and includes all mandatory information.
Platform for displaying embedded APIs with the layout of the APIs for each service / information provided for in each phase of open banking regulation in each country.
The module includes a consent engine that enables the process of generating consent terms in an automated way, 100% compliant with the open banking regulation. Possibility of editing terms simply and quickly, for each type of integration and data service.
The consent engine works at the API level, that is, associated with each data call, generating a unique record and documenting the data call associated with the obtained consent. This is called native consent, and it can be formatted for transmitting and receiving data.
Mobile platform prepared for the open banking player, a Teros solution client, to deploy the user experience in plug-and-play format to obtain consent to receive data and transmit data.
Integration hub for open banking APIs, as well as any other type of API, enabling the creation of new ecosystems that demand data interaction with governance and compliance with LGPD law.
System that records the logs of data calls and the addressing API of the holder's right.
Dashboard that presents management indicators for the complete data operation using the Teros governance system.
Allows the configuration of data services and the parameterization of data governance. Includes the purpose, treatment, query and management of responsibilities for each data service, with the application of specific terms, considering the nature of the operation relating to the type of data.
We work with the client, who is always the protagonist of the project, and we plug in at their moment, immersing ourselves in their challenges.