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## 1.1 Background

OBAPI is designed to help banks respond strategically to today’s business challenges, while also transforming their business models and processes to reduce operating costs and improve productivity across both front and back offices.

It is a one-stop solution for a bank that seeks to leverage Oracle Fusion experience across its core banking operations across its retail and corporate offerings.

OBAPI provides a unified yet scalable IT solution for a bank to manage its data and end-to-end business operations with an enriched user experience. It comprises pre-integrated enterprise applications leveraging and relying on the underlying Oracle Technology Stack to help reduce in-house integration and testing efforts.

In order to provide these services OBAPI needs to acquire, use or store personally identifiable information (PII). In some cases, OBAPI may be owner of the PII data and in some other cases OBAPI might just acquire and use this data for providing required services to the customer.

Parent topic: Objective and Scope