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The Race to Open Banking Platforms: 9 API Management Platform Solution Providers in Asia/Pacific Financial Services

Published by IDC Product code 906745
Published Content info 27 Pages
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The Race to Open Banking Platforms: 9 API Management Platform Solution Providers in Asia/Pacific Financial Services
Published: August 13, 2019 Content info: 27 Pages
Description

This IDC Perspective profiles nine application programming interface (API) management solution providers, and their relevance to the open banking strategic roadmaps of Asia/Pacific financial institutions. The profiles focus on technical, functional, security, and API governance attributes of each solution; highlighting these create a unique proposition in delivering a "platform" for open banking. The profiles indicate that the industry should think about API management "platforms" that go beyond gateways, and developer portals, and simple life-cycle management associated with traditional API management. "As open banking accelerates, the challenge of managing multitudes of open APIs, third parties, and open API interactions and transactions, will become all too tedious. The API management solution of choice will need to tick many boxes - not only to help banks be good at developing and deploying APIs, but also to help them monitor and control APIs, while ensuring standards of security, reliability, usability, performance, and regulatory compliance," says Michael Araneta, AVP, IDC Financial Insights Asia/Pacific.

Table of Contents
Product Code: AP45357219

Executive Snapshot

Situation Overview

  • Beyond the Software, Think "Platform"
  • UPDATE: Banks' Key Evaluation Criteria When Selecting the Right Platform
  • Nine API Management Platform Providers
    • Google Cloud - Apigee
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
      • Where IDC Financial Insights Notes Deployments
    • AXWAY
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
      • Where IDC Financial Insights Notes Deployment
    • DELL BOOMI
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
    • Kong
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Creating an Ecosystem
      • Where IDC Financial Insights Notes Deployments
    • IBM API CONNECT
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Creating an Ecosystem
      • Where IDC Financial Insights Notes Deployment
    • RED HAT 3SCALE
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
    • TIBCO CLOUD MASHERY
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
      • Where IDC Financial Insights Notes Deployments
    • TYK TECHNOLOGIES LTD.
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
      • Where IDC Financial Insights Notes Deployments
    • WSO2
      • Ease of Use
      • Performance
      • Platform Manageability
      • API Life-Cycle Management
      • Security
      • Governance and Compliance
      • Platform Building
      • Where IDC Financial Insights Notes Deployment

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