Open finance compliance in Latin America: What engineering teams need to know

Open Finance regulations in Latin America mandate that financial institutions share data via standardized APIs, enforce consent frameworks, and maintain documentation of third-party data relationships, placing significant responsibility on platform and engineering teams. These regulations are not merely prospective but active legal obligations with severe consequences for non-compliance, requiring continuous proof of compliance across multiple countries and asset types. Port provides a solution with its software catalog and compliance tools, offering live inventory management, continuous standards enforcement, governed developer workflows, and comprehensive relationship visibility to manage regulatory requirements efficiently. The platform integrates with existing tools like GitHub and Jira, enabling engineering teams to build compliant systems quickly and maintain a complete audit trail, turning compliance into a continuous and measurable engineering program.

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