Today, Raidiam, the global expert in data-sharing technologies, has launched a new service, Raidiam Advise. Building on Raidiam’s unrivaled expertise in designing and delivering world-class data sharing ecosystems, this suite of specialised advisory services will further support clients in the development of secure and trusted open banking and smart data ecosystems.

Raidiam Advise provides bespoke consultancy and expertise based on global insight for any market, sector, or entity that is considering data sharing on a large scale. Clients will be provided with services including market education and training, strategy formulation, and national ecosystem design, to support their own market implementation.

Clients of Raidiam Advise will be able to upskill on open banking knowledge, navigate difficult questions surrounding roles, governance, and target operating models, and address ecosystem design and technology requirements. As a team of specialists with deep domain knowledge in this field, Raidiam is already a trusted advisor to governments and regulators globally and is uniquely suited to help clients define their strategy and roadmap around open ecosystems.

Raidiam Advise will sit alongside Raidiam’s existing technology products – Connect, Enable, and Assure - to provide a full suite of end-to-end services.

Raidiam has been at the forefront of open banking since delivering the world’s first Trust Framework for Open Banking in the UK. Raidiam’s technology underpins the exchange of data and payments between every fintech, across every bank, for every consumer and business every day in all fully functional national open finance ecosystems. Its trusted technology is backed by a team with extensive hands-on experience; their unparalleled insight and unique perspective make this new advisory offering the natural next step for Raidiam to support even better the advancement of data-sharing ecosystems globally.

Raidiam recently bolstered its advisory team with two senior appointments: Jim Wadsworth as Head of Advisory and Lauren Jones as Strategic Advisory Partner to build and lead this new offering alongside the existing team of specialists. Pulling from a wealth of experience in policy, strategy, standards, and operational design, each advisory project will benefit from a bespoke team that will make the most of the depth and breadth of knowledge across Raidiam.

Jim Wadsworth, Raidiam’s Head of Advisory said: “I’m delighted to be heading up Raidiam Advise. Working with a team which has such extensive know-how is fantastic for Lauren and me, and I believe there’s no better place to be to support the next wave in open banking. There are huge opportunities for countries and businesses in unlocking their true potential and I’m excited to see what we’ll deliver over the coming months.”

Barry O’Donohoe, Raidiam co-founder and CEO, said: “We have a unique heritage when it comes to delivering data sharing ecosystems. It seems only natural to formalise our advisory capabilities to allow us to share this knowledge and expertise with businesses and countries looking to explore the open banking space. Jim and Lauren have already proven to be valuable additions to the team and I’m excited to see what further impact we have on the advancement of data sharing ecosystems worldwide.”