Raqmiyat OpenConnect is a unified Open Finance platform designed to empower both Licensed Financial Institutions (LFIs) and Third-Party Providers (TPPs).
It acts as both an API Provider and API Consumer, enabling seamless, secure, and compliant Open Finance collaboration across the UAE.
Core Capabilities That Drive Growth
- Compliance & Trust: Fully aligned with CBUAE Open Finance guidelines, featuring robust Consent Lifecycle Management and end-to-end data protection.
- • Advanced API Management: Comprehensive API lifecycle control with adherence to global standards (API, OAuth 2.0, OpenID) while embedding UAE-specific regulatory compliance.
- Innovation Ready: Supports Payment Initiation Services (PIS) and includes ready connectors to AI, analytics, and fraud detection engines.
- Integration Suite: Enables TPP onboarding, LFI integration, and core banking system compatibility through pre-built connectors and flexible APIs.
- Control & Visibility: Provides an intuitive dashboard with real-time alerts, billing management, analytics, and performance reporting.
Why Partner with Raqmiyat
Leverage Raqmiyat’s deep local expertise and proven track record in powering the UAE’s financial technology ecosystem.
- Proven Experience: Trusted by 40+ banks across the UAE for CBUAE-regulated payment and clearing systems built and managed by Raqmiyat.
- Local Expertise: Deep understanding of NPSS Instant Payments, Cheque Clearing, and other UAE regulatory frameworks.
- No Vendor Lock-In: Developed and managed entirely in-house, providing full ownership, scalability, and flexibility.
- Agile Support: Supported by a dedicated local team, offering 24/7 technical assistance and flexible deployment options — on-premise or cloud.
Request Your Live Demo
Start your journey with a dedicated team — guiding you from solution scoping to full implementation.
Ready to Transform Your Banking?
Move beyond compliance and lead the Open Finance transformation with Raqmiyat Open Connect.
Request Your Live Demo Today
