Case Study: SIBS Processos achieves a Portugal-wide open-banking platform and marketplace connecting 24 banks with TIBCO Software

SIBS Builds Open Banking Platform of the Future with TIBCO's API-led Platform

SIBS, Portugal’s leading payments processor that handles billions of transactions annually and serves hundreds of millions of users, needed to prepare for PSD2 and seize new market opportunities by creating a modern, API-driven platform to deliver differentiated customer experiences and support added-value services.

Using TIBCO’s API-led platform, SIBS built an open-banking API Market and digital wallet from scratch, enabling 24 financial institutions to expose APIs, making 95% of Portuguese bank accounts available to trusted third parties and supporting millions of daily transactions (≈9M). The solution accelerated bank integration, ensured secure data sharing, and created a marketplace for third‑party services that broadened innovation and customer choice.

SIBS Processos

Diogo Rodrigues

Head of Digital Transformation