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Reintegration is needed for open API to work: Saxo Bank

Large private banks require reintegration and a reallocation of resources to adapt to a more collaborative model of banking, a leading open API platform provider has told Asian Private Banker. Open application programming interface (API), which is encouraged by regulators including Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS), is a platform that can provide a common…

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