Open Finance in International Comparison – Insights for Switzerland

Open Finance is transforming the global financial industry and is becoming increasingly important in Switzerland as well. In the first part of our blog series, Stefan Knaus exam-ined the current state of Open Finance within Switzerland. In this second part, Friedrich-Philipp Wazinski takes the discussion beyond national borders.
How far have other countries come in implementing Open Finance? What lessons can be learned from international initiatives? And what steps must Switzerland take to ensure it remains competitive in the global marketplace?

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A current look at Open Finance in Switzerland

Open finance is becoming increasingly important in Switzerland, but is still at an early stage compared to other countries. A recent survey by OpenBankingProject.ch shows that the maturity level of open finance in Switzerland is currently rated as low to medium. At the same time, pressure is growing due to new European regulations (including PSR, PSD3, FIDA) and innovative business models, which will also influence the Swiss market in the long term. In this article, Stefan Knaus provides an overview of the current status, key challenges and the opportunities that open finance presents for the Swiss financial industry.

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Potentials and challenges of the Swiss E-ID (2/2)

Switzerland will provide electronic proof of identity (E-ID) for Swiss citizens in spring 2026. The underlying trust infrastructure is based on the Self-Sovereign Identity architectural approach. These developments offer significant opportunities but also challenges for the various economic sectors in Switzerland.
In this second part of a series of blog posts, Stefan Knaus describes the proof of value of the OpenBankingProject.ch on the topic of “Use of Swiss E-ID”. The focus of this article is on the business implications of using the Swiss E-ID for the business architecture of the project participants and the options for Swiss banks regarding participation in the Confederation’s trust infrastructure.

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Future Business Models for Wealth Management in Germany and Switzerland

In recent months, the BEI has analyzed the future business models of asset management companies in Germany and Switzerland and has published a study. In the process, interviews were conducted with asset managers and, as a result, recommendations for action and business models of the future were defined. The aim of this study was to understand and explain the current state of the art and potential developments.

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