can provide personalised full range of products and services in an alliance
The flexible corporate architecture of a digital banking ecosystem enables all
competences that are available on the financial market to be unified under one
umbrella. Modern data and algorithm-based financial services and products are
thus offered to consumers (according to the needs of the internet-savvy
customer) from a single source. The diverse products and services from
differing market players are digitally interlinked and offer customers maximum
flexibility in the design of their financial needs. Consumers no longer need to
leave the platform and obtain various applications and financial content in the form of apps or web-based services that are individually tailored to their
respective hardware and software environments. Moreover, the platform
architecture helps to transcend conventional hierarchical borders and decades
of rather suboptimal silo principles of traditional banks and to strike out on new
paths interlinking communication, software and hardware solutions. The new
banking ecosystem thus culminates in a platform with an open interface
structure offering proprietary and third-party financial services, systems and
products. The diverse financial services can be easily and safely procured via
an openly accessible banking app store.