Business today is not conducted by single organizations alone but in networked designs with diverse actors. A construct where actors engage in joint value creation is called a business ecosystem. Speci cally, within the context of core services originating from the nancial services industry, such constructs are called nancial business ecosystems. Innovative technologies and intelligent methods enable value creation in these organizational setups. To effectively participate in these ecosystems and exploit the potential of innovative technologies and intelligent methods, organizations need to develop a novel operating model. We propose a blueprint for such an operating model building on two levels of capabilities: rst level capabilities that enable the exploitation of data and the number of partner relations as underlying resources of business ecosystems. The proposed second level capabilities enable the organization to engage in business ecosystems. By suggesting these capabilities, we aim to guide organizations on a targeted transformation journey and enable them to leverage innovative technology for actively engaging in nancial business ecosystems