Open Banking: Improving audit quality and efficiency 

With Confirmation’s Open Banking Portal, auditors can access their client’s commercial account data for examination, testing and validation with over 2,000 European financial institutions such as Barclays, HSBC and Lloyds.

Open Banking allows auditors to obtain their clients’ bank account transaction information directly from the bank, digitally. This new source of data gives the promise of better quality audit evidence when coupled with an audit confirmation obtained through a secure closed network.

If you would like to get started, or speak with a team member to understand more about Open Banking and its role within audit, fill out the form below and we will be in touch. 

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