Marilyn Cole: It's time to open your mind to open banking

As a technology and design consultancy, we are naturally great supporters of tech and what it can do to help adviser firms and other financial services companies run their businesses better. As such, one reform that has really caught our attention in the last few years is the open banking initiative. Our enthusiasm is based on the fact this new legislation is less about prohibiting things and more about increasing autonomy for customers and - hopefully - markedly improving competition in the process. While driven by the powerful competition regulator, the Competition and Markets Autho...