Gartner Research

How to Build an Open Bank

Published: 19 June 2017

ID: G00322372

Analyst(s): Kristin Moyer


CIOs have four ways to create an open bank: build, acquire, partner and participate. Most CIOs will need to enable more than one open banking approach in order to deliver the digital banking experience.

Table Of Contents


  • Approach 1: Build
    • Description
    • Examples of Banks That Have Used a Build Approach
    • When to Use a Build Approach
  • Approach 2: Acquire
    • Description
    • Examples of Banks That Have Used an Acquire Approach
    • When to Use an Acquire Approach
  • Approach 3: Partner
    • Description
    • Examples of Banks That Have Used a Partner Approach
    • When to Use a Partner Approach
  • Approach 4: Participate
    • Description
    • Examples of Banks That Have Used a Participate Approach
    • When to Use a Participate Approach
  • Conclusion

Gartner Recommended Reading

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.