Open Finance: Hype versus Reality
Open finance has been in the headlines for years but in many ways, we’re still laying the tracks. JPMorganChase’s recent decision to charge for access to customer bank data has …
Author: George Anderson
George Anderson is the Founder and CEO of Ninth Wave, an open finance software and financial data aggregation platform connecting over 120 million accounts across North America. Previously CEO of Enterprise Engineering, Inc. for more than 25 years, he has nearly three decades of experience working with leading financial institutions including JP Morgan and Merrill Lynch on financial data integration and information systems. A founding member of Financial Data Exchange (FDX), Anderson designed the industry's first platform with full FDX support, holds copyright on the Open Financial Exchange (OFX) specification, and is a contributing author of the OFX Durable Data API — which became FDX API v3.0. He has authored several books and articles on enterprise architecture, relational database design, and high-performance computing, and was recognized by CV Magazine as CEO of the Year in Software and IT in 2018.