at Financial Technnology Year
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Tyk API Management Platform
from Tyk Technologies
API gateway, management dashboard, developer portal, analytics, Open Banking standards support, banking-grade security features, and flexible deployment options including on-premises for data sovereignty.
Category:
API Management
Systems for developing, managing, securing, and monitoring APIs that connect banking systems internally and with external partners.
Analysis on right >
Category:
API Management Platforms
Software for creating, publishing, maintaining, and monitoring APIs that connect different systems within the brokerage and with external partners and clients.
API Management analysis
Cost Management and Optimization
(8 Yes /8 Known /8 Possible features)
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1. Pay-as-you-go Support
Ability to implement flexible pricing models based on real usage.
Flexible, pay-as-you-go pricing is documented for Tyk Cloud.
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2. License Management
Tracks feature/component licensing and compliance with agreements.
Feature and component licensing tracking is offered for enterprise compliance.
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3. Granular Cost Allocation
Assigns costs to departments, projects, or teams.
Supports granular cost allocation/tagging via organizational tools.
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4. Resource Optimization Recommendations
Suggests ways to optimize API and infrastructure usage.
Resource optimization advice available for infrastructure/API usage.
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5. Budget Alerting
Sends notifications if API usage approaches or exceeds budget.
Budget alerts/notifications can be integrated via monitoring or custom plugins.
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6. Cost Analytics and Forecasting
Provides insights and trends in API-related expenses.
Cost analytics and forecasting support through dashboard and reporting tools.
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7. Quota Management
Enables the enforcement of usage quotas for users/applications.
Quota enforcement for API resources is configurable in the dashboard.
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8. Usage-Based Billing Support
Cost tracking for internal/external API use, supporting chargebacks.
Usage-based billing available for internal/external API monetization.
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Operational and Maintenance Features
(8 Yes /8 Known /8 Possible features)
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User and Access Management
(9 Yes /9 Known /9 Possible features)
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Regulatory and Compliance
(9 Yes /9 Known /9 Possible features)
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API Lifecycle Management
(9 Yes /9 Known /9 Possible features)
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Scalability and Performance
(8 Yes /8 Known /10 Possible features)
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Integration and Interoperability
(11 Yes /11 Known /11 Possible features)
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Monitoring and Analytics
(8 Yes /8 Known /11 Possible features)
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Developer Experience
(11 Yes /11 Known /11 Possible features)
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API Gateway Functionality
(11 Yes /11 Known /11 Possible features)
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API Security
(13 Yes /13 Known /13 Possible features)
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Publicly available data, summarised using AI.
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