Cambridge Open Banking and Finance for Regulators Online course

What the course covers

Module 1: Foundations of Open Banking and Open Finance

Explore the principles of open banking and open finance, including how they differ from other forms of open data ecosystems. Understand the key features, benefits and regulatory approaches that shape these frameworks, while examining lessons from existing implementations to inform effective design and decision-making.

Module 2: The Global Market Landscape of Open Banking and Finance

Examine the key considerations for designing and implementing open banking and open finance ecosystems. Explore how policy objectives, alongside legal, technical and market conditions, shape regulatory approaches across different jurisdictions. Assess the trade-offs between implementation models and understand how design decisions influence adoption, ecosystem growth and long-term success.

Module 3: Policy and Regulatory Objectives behind Open Banking and Open Finance 

Explore how policy objectives and local legal, economic and technical conditions influence the design and implementation of open banking and open finance frameworks. Through in-depth case studies of the UK, Australia and Brazil, compare different regulatory approaches and identify practical lessons that can be applied to your own jurisdiction. 

Module 4: Technical Design and Infrastructure Development

Understand the technical foundations of open banking ecosystems, including APIs, digital identity, authentication, accreditation, security standards and trust frameworks. Explore how infrastructure choices support secure and interoperable data sharing. 

Module 5: Implementation Strategy and Ecosystem Development

Explore the practical considerations involved in implementing open banking and open finance frameworks. Learn how to translate policy objectives into effective design and governance choices, while addressing key challenges such as stakeholder engagement, regulatory support, ecosystem coordination and decisions around product and participant scope. 

Module 6: Governance and Supervision in Open Banking and Open Finance 

Examine the governance models that support the implementation and oversight of open banking and open finance ecosystems. Explore the benefits, limitations and suitability of different approaches across varying legal, economic and technical contexts, while considering stakeholder incentives, consumer interests and supervisory arrangements for ecosystem participants. 

Module 7: Open Data and Digital Public Infrastructure 

Explore the evolution of open banking and open finance towards broader data-sharing ecosystems and Digital Public Infrastructure. Examine how open data principles are being applied across sectors including healthcare, public services and digital credentials, and consider how the design, governance and implementation approaches explored throughout the course support wider digital transformation. 

Capstone Project: Develop an Open banking initiative for your organisation 

Throughout the course, you will develop a practical capstone project focused on a real policy, regulatory or implementation challenge relevant to your organisation or jurisdiction. 

Supported by experienced mentors, including regulators and practitioners involved in designing and implementing open banking and open finance frameworks, you will apply course concepts to develop practical recommendations that can support future policy decisions, regulatory approaches or ecosystem development. 

Benefits

• Build a comprehensive understanding of open banking and open finance ecosystems. 
• Evaluate the policy, economic, technical, legal and regulatory considerations involved in their design and implementation. 
• Compare approaches taken by different jurisdictions and understand the reasons behind their differences. 
• Assess governance, supervision and implementation choices in different market contexts. 
• Apply global best practice and lessons learned to the unique conditions of your jurisdiction. 
• Develop an open banking use case or Capstone Project contributing to your organisation’s open banking open finance strategy. 
• Connect with a global peer network through our Regulatory Knowledge Exchange (RKE) 
• Earn a Certificate of Completion from Cambridge Judge Business School Executive Education. 

Who should attend

The course is designed for: 

• regulators 
• policymakers 
• government officials 
• professionals working across risk, compliance, innovation and related policy or supervisory roles 

It is also suitable for regulatory professionals seeking to deepen their understanding of the policy, economic, technical, legal, regulatory, supervisory, governance and implementation of dimensions of open banking and open finance. 

Suitable for both technical and non-technical professionals. 

Speakers

The course brings together Cambridge academics, open banking and open finance specialists, regulators and industry practitioners with expertise across financial regulation, policy, technology, digital finance and ecosystem development. 

Raghavendra Rau

Academic Director, CCAF

Professor Rau is an Academic Director of the CCAF, with research focused on how firms and investors acquire and use information. He has held senior academic and leadership roles, and is a recipient of the 2015 Ig Nobel Prize in Management.

Ralph Bragg

Chief Technology Officer, Raidiam

Globally recognised expert in open banking technical standards and trust frameworks. He has played a leading role in major implementations worldwide, including the delivery of open banking in Brazil, and is editor of the UK and Brazil Open Banking Security Profiles.

Bryan Zhang

Co-founder and Executive Director, CCAF

Bryan is a globally recognised leader in FinTech and regulatory innovation and Co-Founder and Executive Director of the Cambridge Centre for Alternative Finance at the University of Cambridge.

Huw Davies

Co-founder and CEO, Ozone API

Huw brings over 25 years in banking, leading payments globally at HSBC and former Head of Digital Payments at MasterCard. He led the growth of open banking in the UK as Ecosystem Development Director at OBIE. He has successfully built high growth businesses both within large corporates and as stand-alone start-ups.

Hunter Sims

Associate Director, CCAF

Hunter’s work focuses on digital assets, financial inclusion and frontier market investing, informed by experience across corporate banking in the United States and digital transformation in microfinance in Rwanda. 

Nydia Remolina

Assistant Professor of Law, Singapore Management University; Fintech Track Lead, SMU Centre for AI and Data Governance

A member of the Swiss Fintech Lab at the University of Zurich, Nydia’s work focuses on financial regulation, fintech, AI governance, digital ethics, and the intersection of law and technology. She has advised and lectured globally, including for institutions such as the IMF, SEC, MAS, OECD, and the Harvard Law School–IOSCO Global Certificate Program.

Bill Roberts

Fellow and Open Banking and Open Finance Expert, CCAF

Bill is a Fellow of CCAF and Advisor to the Bank of Thailand on open finance. He was previously Head of Open Banking at the UK's Competition and Markets Authority, where he led the design and implementation of the world's first open banking regulatory framework.

Jonathan Holman-Rohwer

Digital Banking and Open Finance Expert

An experienced banking and fintech executive with over 18 years shaping Open Finance, payments, digital banking, data, and AI across three continents. Jonathan leads the UAE’s Open Finance initiative for the Central Bank and has built award winning, high performing teams at scale. Visiting scholar, author, and Chief Examiner at LIBF University College and the Cambridge Centre for Alternative Finance.

Marie Walker

Open Futurist, Raidiam

Marie is an Open Futurist with deep experience in open banking, smart data, and digital public infrastructure. At Raidiam, she shares practical insights from delivering open finance implementations worldwide.

Rafael Mazer

Director, Fair Finance Consulting

A consumer protection specialist with 20 years’ experience applying behavioural science and policy analysis to improve financial services regulation across Africa, Asia, and Latin America.

Hakan Eroglu

Advisor, Technology & Innovation for Open Finance (Global Lead), BIS

Hakan is a senior financial services leader with nearly two decades of experience shaping the transition from traditional banking to open, data driven financial ecosystems. Currently an advisor at the BIS Innovation Hub in Hong Kong, he works with central banks, regulators, and industry leaders on initiatives spanning open finance, tokenisation, CBDCs, and AI.

Siddharth Shetty

Co-Founder, Sahamati

Leading architect of global open and interoperable financial infrastructure. Siddharth co founded Sahamati and helped build India’s Account Aggregator framework, now a blueprint for open finance worldwide.

Past speakers

Speakers bring practical experience from major open banking implementations across the UK, Brazil, India, the UAE and other jurisdictions. 

Frequently asked questions

What is the Cambridge Open Banking and Finance course about?  

The course provides key insights, hands-on tools and practical project-based learning opportunities to navigate an increasingly complex regulatory landscape around open banking and open finance, and to empower more jurisdictions to develop their open banking ecosystems. 

Who is this course designed for?  

The course is designed for public and financial authorities, including central banks, government ministries and digital infrastructure authorities, as well as professionals working across strategy, policy, authorisation, licensing, enforcement, technology, legal and research functions.

Do I need a technical background in financial technologies?  

No technical background is required.  

Do I need to be proficient in English to attend the courses? 

Unless specified, all our courses are taught in English and participants are required to be proficient in spoken and written English to attend. We do not provide translation facilities. 

How long is the course and what is the expected time commitment?  

The course runs for 8 weeks and is delivered fully online.  You should expect to dedicate approximately 5–6 hours per week to lectures, learning materials, discussions, and assignments.  

 How is the course delivered?  

The course combines several learning formats designed to support practical, collaborative learning, including:  

• Online learning through a virtual learning environment  
• Live online sessions with global experts  
• Real-world case studies  
• Knowledge checks and reflection exercises  
• Moderated peer discussions  
• A mentored capstone project  

Together, these elements create an engaging learning experience for professionals across the global regulatory community.  

How much does the course cost?  

The course fee is USD 2,500.   

*UK-based learners (companies and individuals) will be charged 20% UK VAT, and fees will be payable in GBP. EU individuals will pay VAT based on their country of residence.  

What research informs this course?  

The course draws on the latest research, global case studies, and the collective expertise of leading academics and practitioners in fintech, policy, and regulation, bringing together participants from across the globe, fostering a vibrant learning environment where ideas are exchanged, challenges are debated, and solutions are co-created. 

How can I get more information or contact the course team?  

For further information about the course or the application process, please contact the course team at ccaf.edu@jbs.cam.ac.uk .

One of our course coordinators will be able to provide additional details and discuss how the course can support your organisation’s objectives.