London, UK, 20 November 2023, (NYSE “DAVA”) Endava, a global provider of digital transformation, agile development and intelligent automation services, today announces its new partnership with leading financial API platform, Salt Edge.

Salt Edge is an award-winning open banking services provider that offers compliance and account aggregation solutions. With connectivity to 5,000+ of financial institutions in 50 countries, banks can facilitate their customers getting instant access to account data and adding a secure payment method. Its Open Banking Compliance Solution is a full-service environment for banks and EMIs to enable them to meet the strictest regulatory requirements in a matter of weeks. The solution adjusts to meet the requirements of new jurisdictions, including Europe’s Berlin Group, UK’s Open Banking, Australia’s CDR, Brazil’s Financial-grade API and Saudi Arabia’s and Jordan’s API standards.

Open banking is set to be a game-changer in financial services and is transforming how we access and manage our money and is growing in momentum, particularly in the UK.

Endava’s expertise, especially across finance and payments, will allow banks and third-party providers (TPPs) to keep pace with the adoption of new innovations and meet their regulatory obligations. This ultimately means a smoother, faster time to market whilst delivering the innovative solutions that businesses need to grow and scale.

Iulian Mitrea, Head of Partners Ecosystem, said: “We are excited to partner with Endava to align our efforts in helping more businesses and financial institutions benefit from countless open banking opportunities. Leveraging Endava’s deep knowledge and expertise in various industries, the collaboration will enable clients to thrive in this rapidly changing landscape by simplifying financial innovation, ensuring compliance, and providing secure open banking solutions.”

Andrew Davies, Global Head of Payments at Endava, said: “We’re delighted to partner with Salt Edge with their open banking expertise and easy, seamless and PSD2-compliant integrations. Their flexible and timely solutions align with Endava’s agile delivery, enabling customers to innovate quickly and effectively.”

Lewis Brown, Endava’s Head of Alliances and Partnerships, said: “Salt Edge provides extensive expertise in open banking and interoperability between banks and third parties and is a fantastic addition to our growing partner ecosystem.”

About Endava PLC

Endava is reimagining the relationship between people and technology. By leveraging next-generation technologies, our agile, multi-disciplinary teams provide a combination of product & technology strategies, intelligent experiences, and world-class engineering to help clients become digital, experience-driven businesses by assisting them in their journey from idea generation to development and deployment of products, platforms and solutions. Endava collaborates with its clients, seamlessly integrating with their teams, catalysing ideation and delivering robust solutions.

Endava services clients in Payments and Financial Services, TMT, Consumer Products, Retail, Mobility and Healthcare. As of September 30, 2023, 11,761 Endavans served clients from locations in the European Union: Austria, Bulgaria, Croatia, Denmark, Germany, Ireland, Netherlands, Poland, Romania, Slovenia and Sweden; Non-EU Europe: Bosnia & Herzegovina, Moldova, North Macedonia, Serbia, Switzerland and the United Kingdom; North America: Canada and the United States; Latin America: Argentina, Colombia, Mexico and Uruguay; Asia Pacific: Australia, Malaysia, Singapore and Vietnam; and the Middle East: United Arab Emirates.

About Salt Edge

Salt Edge is a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to get access to bank channels via a unified gateway and developing the technology necessary for banks to become compliant with the directive’s requirements. ISO 27001 certified and AISP licensed under PSD2, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company is integrated with 5,000+ financial institutions in 50+ countries. Salt Edge has been named a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report.

More information: www.saltedge.com

Email: press@saltedge.com