As APIs go mainstream, good management is key

Though APIs have been around for a while, some financial institutions only consume 5% of them. To help better manage APIs, firms need to be aware of what they want to achieve with the APIs they create and use.

In financial services, APIs play a huge role in enabling connectivity, interoperability, and consolidation, whether internally within different business units or externally with service providers or end clients. In essence, APIs are data delivery mechanisms that allow firms to easily transfer data from one place to another.

As usage and adoption of APIs within the capital markets increase, firms should still be cognizant of what they want to achieve using APIs and be aware that not all APIs are

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