
November 8, 2022
Capco, a technology and management consultancy specializing in the financial industry, has partnered with Plaid, a digital financial ecosystem company, to combine its domain and data analytics services with Plaid's open finance solutions, according to a press release.
With this partnership, financial institutions will have access to an open banking solution that address security, API management and integration, governance and customer experience. Banks can also provide custom finance solution to its customers with this platform.
"At the heart of open finance is the principle that consumers own their data wherever it lives," Tamara Romanek, head of partnerships at Plaid, said in the release. "Partners like Capco are critical to financial institutions as they develop solutions to fulfill this expectation. Plaid's products, in tandem with Capco's expertise, enable financial institutions to rise to this consumer demand."