Case Study: API Maturity Assessment

Large regional bank

Measuring the API maturity of a large regional bank and its subsidiaries, providing actionable recommendations to:

Increase profitability from partnerships

Accelerate partner onboarding

Enhance security, adherence to standards

Increase operational efficiency

Situation

A large regional bank implemented an API platform at both group and subsidiary levels to integrate with partners.


Problems

  • No standardisation across the group with Onboarding, Activation and Servicing of partners/clients
  • Frequent bottlenecks for growth of their respective API ecosystems
  • Untapped/locked sales channels and revenue streams


Scope

Blue Connector conducted a maturity assessment at the Group and subsidiary level


Objectives

  • Assess client’s API Maturity at group and subsidiary level
  • Provide metrics, guides and tools for bank to self-assess
  • Provide metrics for ongoing performance
  • Raise the client and its subsidiaries’ API Maturity
  • Enable client to profitably grow their partner ecosystem

Measuring across five dimensions:

Strategic Alignment

Value Measurement

Partner Onboarding

API Standards

Lifecycle Management

Our methodology:

Survey

Analysis

Interviews

Results


Learnings

  • Which subsidiaries are doing well, who needs help
  • Which partnerships are delivering the most value to the bank
  • Which subsidiaries using outdated technology, security risks


Results

  • Actionable recommendations for each subsidiary to raise their maturity level
  • Transferred best practice from leaders to laggards
  • Stronger metrics for measuring partnership business value
  • Accelerated partner onboarding



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