Financial District

POWER YOUR FINANCIAL RELATIONSHIPS WITH STARFISH DIGITAL

Corporate Banking – Chief Information Officer.

Starfish arms-19_edited.png

Key Challenges

  • Agility to change – The agility to introduce new business products and capitalise on opportunities is key to growing market share and long-term revenue. Many banks are still transforming their core systems inhibiting the speed of change.

 

  • Increased competition – Non-traditional competitors continue to disrupt the market. Their focus on specific banking service fragments the traditional relationship model creating greater emphasis for banks to evolve.

 

  • Time-to-market – Corporate banking business heads are demanding digital channels and rapid client onboarding today.

 

  • Respond to digitalising customers - Top-performing organisations are developing the capabilities to use digital to create deeper relationships with customers. Leaders across the organisation are making higher-value, more strategic information technology requests. 

 

  • Pace of transformation - Rapid digital acceleration and the adoption of cloud, have brought many pressing issues to the forefront – the most significant one being managing an increasingly complex information technology infrastructure.

CIOs are faced with numerous challenges to address in a climate of constrained budgets, intense competition and increasing regulation:

Your Client Connectivity Platform - Starfish Connect

Starfish Digital provides an overall solution to API onboarding resulting in a repeatable, predictable, managed service to future proof and safeguard your critical financial connectivity. 

 

Our API onboarding service covers the following:

  • Starfish Connect – Our SaaS (software as a service) platform provides the connectivity between the corporate and the bank’s API Banking services. Our intelligence layer translates data to protect and enable digital investments. Our technology detects and responds swiftly with self-healing processes to provide optimal service quality. Configuration changes, error correction and functionality enhancements are covered twenty-four seven and aligned to our clients’ needs.
     

  • Starfish Passport – the corporate client universal adaptor. The Starfish Passport integration service bridges technology gaps to connect with corporate client treasury systems. It provides a consistent, repeatable, and secure data feed for financial services.
     

  • Starfish Translate –  Starfish Translate is, at its core, an information translator. Using our proprietary logic engine, we rapidly translate API schemas from their originators to reflect the configuration required by recipients. By interrogating the existing business logic, Starfish Translate can also engineer the information provided and build the appropriate plug-in to supply your information, in the desired format and structure expected.

Key Benefits

  • New revenue channels – Key platforms such as API Banking, are foundational pillars of a digital architecture strategy. They are a focal point for companies to connect to the bank. API Banking provides a high-scale fixed-cost platform approach with risk, security, and regulatory requirements inherent in the design. 
     

  • Clearer core business focus and fintech partnerships – A focus on core capabilities versus partner proficiencies leads to better investment decisions. Fintech partners offer complimentary innovative services at scale, more affordably as they have a wider base of customers. 

  • Faster time-to-market – By adopting a partnership approach, it is possible to experiment and innovate more quickly with experts focused on industry trends, competitors and regulatory initiatives that drive the financial industry to be open and forward looking.

Key Features

  • Architecturally aligned –  Our Open Corporate Banking APIs are aligned with our  banking partners.
     

  • Repeatable and reliable client connectivity – Our API onboarding solutions provide consistent rapid onboarding for companies to achieve time-to-revenue. Unlike some other fintech companies, we provide a platform enabler approach to client connectivity and do not take a margin of transaction. 

  • Delivering the entire bank relationship – Starfish Digital works with banks to create our open corporate bank API suite. Our goal is to deliver superior digital customer experiences. 

Starfish Digital provides API onboarding in a matter of weeks with our proprietary technology. So, you can address today’s challenges and take smart leaps ahead.