YES Bank has implemented IBM API Management solution. With this, the bank can now reveal its core business assets and data to an ecosystem of industry partners and end users transforming the way banking is done in India. The API Banking platform opens up multiple business channels by helping the bank build new digital partnerships with its clients and tap into the growing market of inward remittance from Indians abroad. YES Bank senior president and chief information officer Anup Purohit said the Indian banking industry is at an inflection point and the bank needed a proven partner in its digital transformation. IBM API Management helps further enhance the offerings to clients seeking seamless integration of their financial supply chain with the bank, while enabling the bank to improve business performance and IT costs, he said.
