JETCO'S open API exchange platform, APIX, will greatly facilitate the growth of HK’s API economy. With aggressive timelines to meet, local financial institutions keep moving fast to take advantage of open API initiatives and stay relevant in a changing competitive landscape. With APIX, HK’s banking sector could fully adopt the strategy of open APIs to ensure it can unlock potential and competitiveness in the region. Collaboration between third-party fintech and traditional banks will foster innovation, and open API standards should accelerate HK’s progress.