Case Study

Building Confidence in Ecuador’s Banking System Through the Power of Open Data

Building Confidence in Ecuador’s Banking System Through the Power of Open Data

Pages 4 Pages

Nicole Granizo Economic Analyst at Asobanca LINK Building Confidence in Ecuador’s Banking System Through the Power of Open Data QLIK JULY 24, 2020 In many parts of the world, the banking sector is second nature. Paychecks are deposited automatically, you can track your spending on your phone, and investments are made in the blink of an eye. But in other parts of the world, banks face an uphill battle to serve their customers. Asobanca is a nonprofit institution representing 15 of the 24 biggest private banks in Ecuador. Our mission is to empower people by making the financial data of Ecuador’s banking system available to all. But in Ecuador, that’s easier said than done. Our biggest challenge is people's lack of confidence in the banking system itself following the

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