Save time, empower your teams and effectively upgrade your processes with access to this practical Open Banking Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Open Banking related project.
Download the Toolkit and in Three Steps you will be guided from idea to implementation results.
The Toolkit contains the following practical and powerful enablers with new and updated Open Banking specific requirements:
STEP 1: Get your bearings
- The latest quick edition of the Open Banking Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…
- Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation
Then find your goals...
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 941 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Open Banking improvements can be made.
Examples; 10 of the 941 standard requirements:
- If you do consider the sequential model to be suitable Do you consider that derivatives that are cleared through a CCP should be treated differently from other derivatives in a bail-in?
- Technology can also affect the market structure of service providers. Will new technologies merely increase profits and efficiency of established players, or have deeper repercussions?
- Do you consider that there is a need to foresee a transitional period/progressive phase-in for the building of the minimum requirement of bail-in-able liabilities?
- Do you consider that secured liabilities should be included in the scope of bail-in when the value of the security is lower than that of the liability?
- Do you consider that the requirement to hold a minimum amount of bail-in-able liabilities should be set both at holding and subsidiary level?
- Do you consider that a business reorganisation plan should be presented soon (e.g. 1 month) after the application of the bail-in tool?
- Do you consider that a credible framework for the resolution of banks should include both the open bank and the closed bank bail-in?
- Do you consider that the point of entry into resolution should be the same as the one for the rest of the resolution tools?
- Will new technologies merely increase profits and efficiency of established players, or have deeper repercussions?
- Do you consider that the bail-in tool provisions should only become applicable after a certain date in the future?
Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:
- The workbook is the latest in-depth complete edition of the Open Banking book in PDF containing 941 requirements, which criteria correspond to the criteria in...
Your Open Banking self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:
- The Self-Assessment Excel Dashboard; with the Open Banking Self-Assessment and Scorecard you will develop a clear picture of which Open Banking areas need attention, which requirements you should focus on and who will be responsible for them:
- Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
- Gives you a professional Dashboard to guide and perform a thorough Open Banking Self-Assessment
- Is secure: Ensures offline data protection of your Self-Assessment results
- Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Open Banking projects with the 62 implementation resources:
- 62 step-by-step Open Banking Project Management Form Templates covering over 6000 Open Banking project requirements and success criteria:
Examples; 10 of the check box criteria:
- Contract Close-Out: Was the contract complete without requiring numerous changes and revisions?
- Cost Management Plan: What is the work breakdown structure for the Open Banking project?
- Initiating Process Group: The process to Manage Stakeholders is part of which process group?
- Assumption and Constraint Log: Is the definition of the Open Banking project scope clear; what needs to be accomplished?
- Scope Management Plan: Are the results of quality assurance reviews provided to affected groups & individuals?
- Quality Metrics: Can visual measures help us to filter visualizations of interest?
- Project or Phase Close-Out: Who are the Open Banking project stakeholders and what are their roles and involvement?
- Scope Management Plan: What are the risks that could significantly affect the scope of the Open Banking project?
- Quality Audit: For each device to be reconditioned, are device specifications, such as appropriate engineering drawings, component specifications and software specifications, maintained?
- Human Resource Management Plan: How can below standard performers be guided/developed to upgrade performance?
Step-by-step and complete Open Banking Project Management Forms and Templates including check box criteria and templates.
1.0 Initiating Process Group:
- 1.1 Open Banking project Charter
- 1.2 Stakeholder Register
- 1.3 Stakeholder Analysis Matrix
2.0 Planning Process Group:
- 2.1 Open Banking project Management Plan
- 2.2 Scope Management Plan
- 2.3 Requirements Management Plan
- 2.4 Requirements Documentation
- 2.5 Requirements Traceability Matrix
- 2.6 Open Banking project Scope Statement
- 2.7 Assumption and Constraint Log
- 2.8 Work Breakdown Structure
- 2.9 WBS Dictionary
- 2.10 Schedule Management Plan
- 2.11 Activity List
- 2.12 Activity Attributes
- 2.13 Milestone List
- 2.14 Network Diagram
- 2.15 Activity Resource Requirements
- 2.16 Resource Breakdown Structure
- 2.17 Activity Duration Estimates
- 2.18 Duration Estimating Worksheet
- 2.19 Open Banking project Schedule
- 2.20 Cost Management Plan
- 2.21 Activity Cost Estimates
- 2.22 Cost Estimating Worksheet
- 2.23 Cost Baseline
- 2.24 Quality Management Plan
- 2.25 Quality Metrics
- 2.26 Process Improvement Plan
- 2.27 Responsibility Assignment Matrix
- 2.28 Roles and Responsibilities
- 2.29 Human Resource Management Plan
- 2.30 Communications Management Plan
- 2.31 Risk Management Plan
- 2.32 Risk Register
- 2.33 Probability and Impact Assessment
- 2.34 Probability and Impact Matrix
- 2.35 Risk Data Sheet
- 2.36 Procurement Management Plan
- 2.37 Source Selection Criteria
- 2.38 Stakeholder Management Plan
- 2.39 Change Management Plan
3.0 Executing Process Group:
- 3.1 Team Member Status Report
- 3.2 Change Request
- 3.3 Change Log
- 3.4 Decision Log
- 3.5 Quality Audit
- 3.6 Team Directory
- 3.7 Team Operating Agreement
- 3.8 Team Performance Assessment
- 3.9 Team Member Performance Assessment
- 3.10 Issue Log
4.0 Monitoring and Controlling Process Group:
- 4.1 Open Banking project Performance Report
- 4.2 Variance Analysis
- 4.3 Earned Value Status
- 4.4 Risk Audit
- 4.5 Contractor Status Report
- 4.6 Formal Acceptance
5.0 Closing Process Group:
- 5.1 Procurement Audit
- 5.2 Contract Close-Out
- 5.3 Open Banking project or Phase Close-Out
- 5.4 Lessons Learned
With this Three Step process you will have all the tools you need for any Open Banking project with this in-depth Open Banking Toolkit.
In using the Toolkit you will be better able to:
- Diagnose Open Banking projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
- Implement evidence-based best practice strategies aligned with overall goals
- Integrate recent advances in Open Banking and put process design strategies into practice according to best practice guidelines
Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.
Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'
This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Open Banking investments work better.
This Open Banking All-Inclusive Toolkit enables You to be that person.
Includes lifetime updates
Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.