Open Banking Maturity Assessment Tool (OBMAT)

Tech Mahindra’s Open Banking Maturity Assessment Tool (OBMAT) is delivered as a secure, cloud-hosted assessment platform on Microsoft Azure, enabling financial institutions to evaluate their readiness for Open Banking through a scalable, enterprise-grade digital experience. The solution leverages Azure services to provide secure user access, application hosting, data management, monitoring, and reporting throughout the assessment lifecycle.

The platform allows banks and financial institutions to select from supported Open Banking frameworks, such as Financial Data Exchange (FDX), register through a secure verification process, and complete a structured assessment across key capability dimensions. Responses are evaluated using a weighted maturity model to generate an overall readiness score, category-level insights, and gap identification aligned with the selected framework.

The solution is hosted on Microsoft Azure infrastructure, taking advantage of Azure’s reliability, security, and scalability capabilities. Azure services support core platform functions, including application delivery, secure authentication, data persistence, monitoring, logging, and reporting. This enables organisations to conduct assessments in a controlled and enterprise-ready environment. The architecture also supports growth in assessment volume, user concurrency, and future feature enhancements without requiring significant platform changes.

The assessment journey includes framework selection, secure user onboarding, progress tracking, save-and-resume functionality, immediate result generation, email-based report delivery, and downloadable reporting outputs. The resulting assessment provides an indicative maturity baseline that helps organisations identify strengths, gaps, and priority areas for further Open Banking transformation discussions.

Enterprise-grade security controls are incorporated throughout the solution, including user verification, controlled access, encrypted communications, application security controls, audit logging, and administrative management capabilities. These controls, together with the Microsoft Azure foundation, help provide a secure and reliable assessment experience suitable for financial sector organisations.

As a Microsoft Azure-based Professional Services offering, OBMAT combines domain-led Open Banking expertise with Azure-powered digital delivery, enabling customers to rapidly assess their current maturity state and establish a structured roadmap for Open Banking adoption and transformation.