Aviva to Implement Open Banking Dashboard for Pension Clients with Bud

  • Open Banking
  • 16.06.2022 09:02 am

Source: Bug

It’s great to be able to say that following a rigorous selection process, we’ve been chosen by Aviva to provide the tech behind their new Open Banking dashboard.

Aviva originally reached out earlier in the year to discuss the prospect of providing an Open-Banking-enabled dashboard to their workplace pension clients. The idea is that the dashboard will act as a new capability that Aviva’s clients can offer to their pension scheme members and correlates very closely with the insights coming from its ongoing age of ambiguity studies.

The solution uses our “Connect” Open Banking gateway to help Aviva corporate pension members access transaction data through Open Banking - and our “Intelligence” enrichment product to help turn the data into insights that customers can use to help manage their finances.

Aside from being an exciting customer-facing proposition with a household name institution, this is a milestone project in several ways. By the time the project starts to roll out we estimate that we’ll be helping more people than any other Open Banking platform in the UK to understand and benefit from their financial data. 

That’s a huge step towards our goal of making sure that everyone, everywhere can benefit from their data and an exciting position to be in. Secondly, it’s a significant sign of confidence in the Open Banking ecosystem to see a non-bank institution with the scale of Aviva stepping in like this.

 

 

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