Open Finance Covered

Risk intelligence
for the open finance ecosystem

Accredit participants once.
Monitor risk continuously.
Know where liability lands.
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Why the ecosystem needs open finance risk management

Open finance enables banks, building societies, credit unions, aggregators, and third-party providers to share customer financial data and initiate payments at API speed.
A single compromised participant puts every connected entity at risk before anyone notices.
Continuous risk management replaces guesswork with certainty — catching risk early enough for targeted action, before a connected party's failure becomes your problem.

Every participant is running risk

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Financial institutions

Opening access to third-party providers, via intermediaries, without the ability to see or manage the attendant risk. When something goes wrong, they're the ones left explaining it to customers and regulators — regardless of who's actually at fault.
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Intermediaries

Onboarding third-party providers with no ongoing visibility into how risky those providers really are, so the first warning sign is a financial institution restricting their own account access.
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Third-party providers

Without continuous risk monitoring, they have no warning when their risk profile slips — until a financial institution or intermediary cuts off account access.
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Technology service providers

Without a credible risk management story, providers are losing deals to competitors who can prove they manage risk, not just connectivity.

Who it's for

Built for every party in the open finance chain

Four participant types, one shared risk management network. Find the entry point built for your role.

More details
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Financial institutions

Banks, building societies and credit unions that hold customer accounts and provide access.

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Intermediaries

Route data and payment access between financial institutions and third-party providers.

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Third-party providers

Third-party providers delivering data and payment services.

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Technology service providers

Entities providing financial institutions and intermediaries with outsourced services.

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Core capabilities

Three pillars - one risk management network

Invela is the infrastructure layer that makes open finance trustworthy – accrediting who's in the network, monitoring risk in real time, and ensuring liability lands in the right place.

Accreditation

Framework for vetting participant risk
One standardized accreditation vets third-party provider risk so financial institutions can make confident, evidence-based account access decisions. Intermediaries and third-party providers complete it once to reach every financial institution on the network.
Explore Accreditation

Risk Indicator

Dynamic risk scoring, near real time
Every accredited participant carries an Invela Risk Indicator score – continuous, real time monitoring built from public, traffic and accreditation signals – so risk is visible before it becomes an issue.
Explore Risk Indicator
In development

Warranty

Liability management
Warranty shifts liability to whoever introduces the risk, proportional to use case, data volume, and Risk Indicator score – no institution should have to fund a failure it didn't cause.
Explore Warranty

Real time is the baseline. Network intelligence is the advantage.

Governance, Risk, and Compliance platforms, Security Information and Event Management, fraud tools, and API gateways each watch a single institution. Invela watches the network – so a risk signal from one participant strengthens protection for everyone on the network.

Governance, Risk, and Compliance (GRC) platforms

Manage internal controls – not cross-participant risk.

Security Information and Event Management (SIEMs)

Flag security events – not accreditation status or network-wide risk scoring.

Fraud tools

Catch transaction-level fraud – not systemic risk moving across the ecosystem.

API gateways

Control access – not accreditation, live risk scoring or liability management.

Invela is the only service built to accredit, risk score, and manage liability for every participant across the network.

The paradigm shift

Why legacy risk models fail in open finance

Periodic audits and siloed data can't keep pace with an ecosystem where accounts are accessed at API pace.

Legacy risk management

Periodic, batch-processed audits
Siloed data across intermediaries and third-party providers
Reactive issue identification
No audit trail for liability claims

Invela Network

Standardized accreditation
Real time risk monitoring
Real time issue alerting
Audit-ready evidence for liability and regulatory conversations

See open finance risk management in action

No obligation – just a conversation about how Invela works for you.

Frequently asked questions

Everything you need to know about Invela and open finance risk management.
What is the Risk Indicator, and how is it scored?

Every accredited participant carries a Risk Indicator score from 0 to 100, where 100 is the lowest risk, built from public, traffic and Accreditation signals. It updates as signals change rather than on a review schedule, and financial institutions can set alert thresholds against it.

What does Accreditation involve?

Applicants submit their company registration, beneficial ownership, data privacy policies and security certifications once, through Invela. Invela’s assessors review the evidence, and S&P Global reviews a sample of assessments. The outcome is a pass (Accredited), a conditional pass (Conditionally Accredited) with a retest within three months, or a fail (Not Accredited).

How do I get started?

Use the Talk to our team or Meet Invela links and tell us your role. There is no obligation; it is a conversation about how Invela works for you.

Is Invela Warranty available today?

No. Warranty is in development. Accreditation and Risk Indicator are the two layers running in the network now. You can register your interest on the Warranty page.

Why do legacy risk models fail in open finance?

Vendor reviews and periodic checks were built for chosen suppliers and fixed review cycles. In open finance the consumer chooses the third party, chains run through intermediaries and sub-processors, and a provider’s risk can change between annual reviews. Each bank or aggregator also re-vets the same fintech from scratch, so effort is duplicated and no one sees the whole chain.

How is Invela different from compliance software, security monitoring tools, fraud tools and API gateways?

Those tools each watch a single institution: governance, risk and compliance (GRC) platforms manage internal controls, security information and event management (SIEM) tools flag security events, fraud tools catch transaction-level fraud, and API gateways control access. Invela watches the network, so a risk signal from one participant strengthens protection for everyone on it. It is built to accredit, risk score and, in time, manage liability for every participant.

What are Invela’s three pillars?

Accreditation vets participants once against a standard the network shares. Risk Indicator scores every accredited participant continuously. Warranty, which is in development, is designed to shift liability to whoever introduces the risk.

Who is the Invela Network for?

Four kinds of participant: financial institutions (banks, building societies and credit unions), intermediaries (such as aggregators), third-party providers (fintechs, advisors and merchants) and technology service providers (core banking platforms, payment processors and infrastructure providers). Each has its own page that explains how the network works for that role.

Why does open finance need a dedicated risk management network?

Open finance lets banks, building societies, credit unions, aggregators and third-party providers share customer data and initiate payments at API speed. A single compromised participant can put every connected entity at risk before anyone notices, and periodic audits and siloed data cannot keep up. Invela replaces them with shared accreditation and continuous monitoring.

What is Invela?

Invela is the infrastructure layer that makes open finance trustworthy: it accredits who is in the network, monitors their risk in real time, and is building a way to ensure liability lands in the right place. It is a risk management network for financial institutions, intermediaries, third-party providers and technology service providers.