NDGIT qualifies for FinovateEurope 2018 in London with its “EcosystemBuilder”.
London/Munich, 26 January 2018
The NDGIT EcosystemBuilder was selected by the organizers of FinovateEurope as innovation product for 2018. It is one of the few products that will be demonstrated live in front of an audience during the event. The platform-based EcosystemBuilder enables banks to implement a standardized 360° bank-fFinTech integration.
The Munich-based FinTech NDGIT, which among other things is the supplier of a standard software for efficient implementation of the PSD2 requirements for European banks, is establishing a new product line for the development of bank IT systems into a comprehensive open banking. The debut presentation of this product takes place during the FinovateEurope event from 6th to 9th March in London.
The NDGIT EcosystemBuilder enables financial institutions to establish “Application Stores” of their own in order to offer the customers a personal network of FinTech functions and partner products. This product is based on an API platform optimized for use in banks and makes possible an efficient integration into existing bank systems with the highest level of data security. The modularly usable EcosystemBuilder offers, among other things, an individually adoptable front-end with an overview of all applications integrated into the bank’s own customer portal.
The platform organizes the identity and rights of the customers, delivers an SSO connection to every FinTech unit and makes supervision and control of all partner applications possible. An analysis tool for the evaluation of interactions and invoice statements as well as a user-based recommendation feature for further services are also integral components of this product.
“We are proud to be invited by Finovate to present our new product during this unique event and to be honoured with an award as suppliers of one of the most innovative FinTech products for 2018”, Oliver Dlugosch, CEO of NDGIT, was pleased to say in response to the invitation to this prestigious event. “In the course of 2017 we already established ourselves with our standard software for the implementation of the PSD2 regulatory framework as first-movers in the market. The EcosystemBuilder is the logical product for European financial institutions, which not only want to fulfil their “obligation” but also to utilise the opportunities brought about by PSD2 with new digital services for your customers, bank-as-a-service for digital partners and with their own fintech ecosystems, to create open banking systems.”
About NDGIT GmbH
NDGIT GmbH stands for Next Digital Banking and provides the first API platform for banking and insurance. It connects banks and FinTech companies with digital ecosystems. This technology enables banks to open themselves up to digital partners with open banking APIs and PSD2 solutions. In this way, the NDGIT fintech platform forms the technological backbone for new applications and IT landscapes in banking and insurance.
In 2017 NDGIT implemented the first open banking system for Switzerland and was honoured with the Euro Finance Tech Award 2017 for the best co-operation between a bank and FinTech.
About Finovate
The company launched its first conference series focused on financial & banking technology innovation in 2007. Finovate debuted in New York, added a Bay Area event in 2008, and expanded internationally to London in 2011, Asia in 2012 and adds a Dubai event in February 2018. In 2014, a second conference series focusing on FinTech developers launched on the West Coast. FinDEVr added an East Coast event in 2016 and expanded internationally to London in 2017.
