Beyond Consent: Can account aggregators become core enterprise infrastructure?
By- Vignesh Sankaran, CTO, Saafe Tech
As Financial Institutions (FIs) scale their digital offerings, the Account Aggregator framework must evolve into high-throughput, mission-critical infrastructure. The Account Aggregator (AA) framework in India has achieved remarkable start in terms of adoption as a regulatory-backed, consent-driven data-sharing ecosystem.
AA has redefined digital onboarding and credit decisioning by democratizing seamless access to financial data across banks, insurers, wealth management platforms, and non-banking financial companies (NBFCs). FIs are looking to embed AA deeper into real-time decisioning engines for efficient straight through flows, moving from simple digital lending to instant underwriting, automated wealth management, and more.
However, a critical question emerges in the market: Can the AA framework transition from a promising ecosystem initiative into mission-critical, enterprise-grade infrastructure?
For AA to evolve into core enterprise infrastructure, it must be powered by modern system design—one that delivers scalability, security, performance, adaptability, and reliability at enterprise scale.
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