APImetrics and Finextra launch open access fintech data, open banking and crypto API dashboard

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Finextra Research and APImetrics – the industry’s only analytics-based API performance solution provider – have collaborated to deliver the world’s first open access dashboard that will monitor actual performance across fintech, open banking, PSD2 payments and crypto APIs.

Live on Finextra, the dashboard shows the activity of the top 30 regulated open banking brands and the top 36 crypto exchanges operating in the UK.

Additionally, as the financial services industry moves towards an API-centric service delivery model and API performance becomes critical, the dashboard highlights the importance of better performance monitoring for clients. banks, fintechs, developers and consumers and the need to accelerate API improvement cycles. .

All APIs are ranked based on quality, pass rate, and speed, and the best and worst performance in each category is highlighted in accordance with APImetrics’ credit rating-type scoring methodology.

Developers can use the dashboard by adding their APIs to track their performance and help create data on a substantial collection of APIs against which to compare their activity. Since the data is generated by the core APImetrics platform, historical performance data and more detailed results going back several years are also available.

Steve Ellis, CEO of Finextra, said: “We aim to provide financial innovators with the knowledge and ideas they need to inform their innovations while creating a forum for industry conversations around these topics. With that in mind, we’ve partnered with APImetrics to bring our community of 40,000 professional fintech members and 800,000 monthly readers the data they need to see how the APIs they are building or can consume. pile up.

David O’Neill, CEO of APImetrics, added: “The Open Banking movement, by definition, cannot operate in the dark. Every developer and innovator has a common interest in seeing how their APIs measure up in the real world to raise the collective bar of the entire ecosystem. We are excited to partner with Finextra to, for the first time, provide open access to financial API performance data, highlighting the resilience and health of live solutions that millions of consumers rely on every day.

O’Neill continued, “APIs are driving the next wave of fintech innovation, ushering in a new, more open and integrated financial ecosystem. Yet this new generation of financial and customer experience applications is built on the fact that the APIs they use are fast, reliable, and trusted by developers and consumers.

The monitoring dashboard is available on the Finextra website at: https://www.finextra.com/open-banking-apis


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