Akoya is a financial technology company jointly owned by a consortium of significant entities within the financial industry.
Akoya's Ownership Structure
Established with the goal of enhancing data security and empowering consumers with greater control over their financial data through secure APIs, Akoya's ownership reflects a collaborative industry effort to innovate and secure data exchange. The specific owners include:
Owner Category | Details |
---|---|
Banks | A group comprising 11 leading financial institutions. |
Fidelity | A prominent multinational financial services corporation. |
The Clearing House | An interbank funds transfer system and payments company, which itself is owned by the largest commercial banks. |
This unique joint venture, known as Akoya, aims to accelerate the movement toward more secure Application Programming Interfaces (APIs) within the financial ecosystem. Its purpose is to facilitate a safer and more controlled exchange of consumer financial information, giving consumers more direct command over their data.