Technology Service Provider (TSP)

Technology Service Providers (TSP) collaborate with FIUs and FIPs to deliver AA products and services. They develop the foundation modules that connect FIP and FIU modules to the Account Aggregators in the ecosystem. TSPs can also help fintech products in various areas like undewriting models, SME Scorecards, product design of apps and more. Additionally, TSPs can offer a single-window on-boarding experience to AA ecosystem participants by becoming intermediate certified entities.

Data Empowerment a Reality with the AA Ecosystem

Secure and seamless sharing of data through encryption

User-controlled data sharing with unified consent management

No physical document collection or submission, preventing leakage and misuse

No sharing login credentials with third parties reducing security breach

Solutions by Sahamati

Use the following services offered by Sahamati to seamlessly integrate the AA framework within your organisation.

FAQs

Can the Account Aggregator view the customer’s data as it is shared to FIUs?

No. The data being transmitted through the AA is encrypted. Also, AAs are not allowed to store, process and sell the customer’s data. This is designed to ensure AAs do not have a conflict of interest when designing processes to obtain consent for access to user data.

What kind of data can an FIU access through an AA?

Currently only asset based data is available (bank accounts, deposits, mutual funds, insurance policies, pension funds). Other data types are likely to be added over time.