Actually the system managed, duplicated data everywhere, and the open banking system concept proposes that we have just one place where the data is, and the exchange of information where the different data needs to be combined and used.... If you have a unique system where you have unique data—at least unique sources—the apparent beauty of it is that you don't look everywhere. It's just in one place. You need a very sophisticated security system to avoid a breach, because if you are breached, you lose everything. Is it a calculated risk?
On April 4th, 2019. See this statement in context.