RBI - ACCOUNT AGGREGATOR

Account aggregation sometimes also known as financial data aggregation is a method that involves compiling information from different accounts, which may include investment accounts, bank accounts, credit card accounts, and other business or consumer accounts, into a single place.

This can be provided by: connection via an API to the financial institution
"screen scraping" where a user provides the requested account-access information for an automated system for gathering and compilation of the information into a single page"

Why do We Need Compliance ?

The security of the account access details as well as the financial information is key to users having confidence in the service.Services of the Account Aggregator should be backed by appropriate agreements/authorisations between the aggregator, financial service provider and customer.

The Account Aggregator has to follow the terms and conditions of the licence (such as customer protection,data security,audit function, grievance redressal, data security, audit control, corporate governance and risk management framework).

RBI announced master directions for Account Aggregator In September 2016, which are mandatory to be comply

Why Xiarch?

Xiarch is an ISO 9001:2015 | ISO 27001-2013 licensed Cyber Security Company and IT Services Company with solutions providers in Information Security like VAPT Services, Penetration Testing Services, Vulnerability Assessment Services, Among our consumers we proudly work for Government Organizations, Fortune one thousand Companies and countless start-up companies. We are additionally Value Added Partners, Authorized Re-sellers & Distributor of Leading Web Application Security Testing Tools.

We are headquartered in Delhi and have branch presence in Gurugram, Mumbai and Chennai - India

Contact our sales team @ +91 11-45510033 for further clarifications on above stated service, you can also reach us by an email at [email protected]. We’ll be great full to serve you. Happy Security.

CONTACT US

Interested in our RBI Account Aggregator?

IT'S EASY TO LOCATE US



New Delhi - Head Office

Xiarch Solutions Private Limited



Mumbai - Branch Office

Xiarch Solutions Private Limited

CONTACT US