Gartner Research

Hype Cycle for Open Banking, 2019

Published: 04 October 2019

ID: G00407495

Analyst(s): Joanne Pollitt


An open bank shares or consumes business services like data, transactions and algorithms with business ecosystem partners, such as other banks, partners, employees, customers, fintechs and developers. This Hype Cycle can assist CIOs in evaluating the capabilities required to enable open banking.

Table Of Contents


  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off the Hype Cycle
  • On the Rise
    • Adaptable Relationship Open Banking
    • Business Ecosystem Modeling
  • At the Peak
    • API Marketplaces
    • API Threat Protection
    • Digital Business Technology Platform
    • API Standards
    • Digital Marketplaces
  • Sliding Into the Trough
    • Bank Orchestration Platform Model
    • Bank Collaboration Platform Model
    • Blockchain Consortium
    • API Management PaaS
    • Bank Creation Platform Model
    • Open Banking Strategy
    • Public APIs
  • Climbing the Slope
    • BIAN Standards
    • Full Life Cycle API Management
    • Bank Matching Platform Model
    • Hackathons
  • Entering the Plateau
    • Private APIs
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

Gartner Recommended Reading

©2020 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.