Banks and financial institutions from around the world are in the process of opening their APIs. Regulators also believe that Open APIs will help create a competitive model. Eddie Haddad says that having business model in place is more important before going for open API. What are the trends globally in open API? To understand, how financial institutions and regulators are are looking at Open API, watch this special interview shot at SIBOS Sydney, with Eddie Haddad, MD – APAC, SWIFT.