Gartner Research

Bank CIOs: Seek Inspiration and Evaluate Options Before You Deploy an Open Banking Strategy

Experts: Stessa B. Cohen, Paolo Malinverno

To create an open bank, CIOs must first determine whether the bank is ready to adopt an open banking strategy. This means identifying:

  • What type of open banking strategy the bank is pursuing
  • The conflicts that might interfere with technology adoption

Once bank CIOs have determined that their bank is ready to adopt a platform approach or an industry vision to become a platform business, the work becomes determining how the open banking strategy begins. Use this research to understand the best practices for executing an open banking strategy.

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