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PRODUCT - Functions



APIs (Application Programming Interface)

OLYMPIC Banking System offers clients standard APIs that allow third-party systems and applications to be used in various domains.

These currently cover the following:

  • Securities
  • Methods of payment
  • Client management
  • MiFID characteristics
  • Foreign Exchange
  • Credit

The main technical characteristics of OLYMPIC Banking System’s standard APIs are as follows:

  • it is a REST-based web service
  • Authentication is performed using OAuth2/OpenID Connect
  • Easy to use
    • can be used to develop applications on various platforms (mobile, tablet and web browser)
    • offers standard access to resources
    • documented using the OpenAPI (Swagger) Specification.

OLYMPIC Banking System also offers clients an Open API, facilitating regulatory compliance with PSD2 (Payment Services Directive).

The two primary uses of the Open API are:

  • account inquiries
    • the Open API allows an account information service provider (AISP) to access a client’s bank account data on the client’s behalf.
  • initiating payments
    • the Open API allows a payment initiation service provider (PISP) to transfer funds on the client’s behalf.

OLYMPIC Banking System offers clients standard APIs that allow third-party systems and applications to be used in various domains