Banks vet aggregators efficiently by relying on Invela's shared accreditation standard – verifying an aggregator once, against a standard the network trusts, instead of every bank independently re-running its own due diligence on the same aggregator. That single standard replaces duplicated vetting work with a result every connected institution can rely on.
Where the efficiency gain comes from
Efficiency comes from not repeating work another institution has already done. Without a shared standard, multiple banks independently vet the same set of aggregators, each paying the full cost of due diligence from scratch. With Invela's Accreditation, that cost is paid once, across the network, and every bank connecting to an accredited aggregator can rely on the same outcome.
About Invela
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.
