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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.
Product analysis by function
API Management for IT and Infrastructure
Systems for developing, managing, securing, and monitoring APIs that connect banking systems internally and with external partners.
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API Security
(13 Yes /13 Known /13 Possible features)
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OAuth 2.0 Support Ability to use OAuth 2.0 protocol for secure authorization. |
Tyk documentation confirms OAuth 2.0 support for secure authorization flows. | |
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API Key Management Supports creation, issuance, and life-cycle management of API keys. |
API key creation, management, and lifecycle is covered as standard Tyk functionality. | |
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IP Whitelisting/Blacklisting Enable or restrict API access based on user IP addresses. |
Tyk supports IP allow/deny rules for APIs, enabling whitelisting/blacklisting. | |
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Rate Limiting Limits the number of requests a client can make to avoid abuse. |
Rate limiting is mentioned as a built-in security feature with configurable rules in Tyk. | |
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Throttling Ability to control bandwidth and request frequency. |
Throttling is supported for bandwidth and request frequency control. | |
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Data Encryption Supports encryption of data in transit and at rest (e.g., TLS, HTTPS). |
Tyk encrypts data in transit with TLS/HTTPS and supports at-rest encryption. | |
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JWT (JSON Web Token) Validation Capability to validate JWTs for API access management. |
JWT validation is supported as part of the authentication middleware options. | |
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Audit Trails Tracks and stores all API access and activity logs for compliance and debugging. |
Audit trails and logging are built in for compliance and debugging. | |
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DDoS Protection Protection mechanisms against Distributed Denial of Service attacks. |
Tyk has DDoS protection mechanisms as part of its API gateway security suite. | |
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Mutual TLS (mTLS) Supports mutual TLS authentication to secure API connections. |
mTLS authentication is available for securing API connections, as per documentation. | |
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Access Control Lists (ACLs) Ability to define detailed access permissions for API consumers. |
Access Control Lists are configurable at the API and endpoint level. | |
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Security Patch Management Automated updates for emerging threats and vulnerabilities. |
Tyk provides regular security patches and updates. | |
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Regulatory Compliance Certifications Supports and maintains compliance (e.g., PCI DSS, PSD2, GDPR) for financial data and operations. |
PCI DSS and GDPR/Open Banking compliance is a selling point for Tyk. |
API Gateway Functionality
(11 Yes /11 Known /11 Possible features)
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Request Routing Routes incoming API requests to appropriate backend services. |
API request routing to appropriate backend services is a core Tyk function. | |
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API Aggregation Combines multiple API calls into a single request/response. |
API aggregation and composition is included in advanced Tyk use-cases. | |
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Caching Caches API responses to reduce backend load and latency. |
Caching of API responses is supported to enhance performance. | |
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Load Balancing Distributes incoming API traffic among multiple backends. |
Load balancing for backend servers is provided. | |
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Protocol Transformation Converts between different protocols (e.g., REST, SOAP, gRPC). |
Protocol transformation (REST, SOAP) is supported. | |
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Content-Based Routing Routes requests based on content type or header values. |
Can route requests based on headers, path, etc. (content-based routing). | |
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URL Rewriting Ability to rewrite request URLs on the fly for routing efficiency. |
URL rewriting and request manipulation on the fly are included in policy configuration. | |
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Failover Support Automatic rerouting of traffic in case of backend failure. |
Failover and high availability features are available in enterprise deployments. | |
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Timeout Configuration Customizable timeouts for upstream requests. |
Timeouts are configurable in the API definition. | |
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API Mocking Ability to simulate API responses during development and testing. |
API mocking for development/testing is an included feature. | |
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Advanced Traffic Shaping Customizable traffic shaping rules for granular control. |
Advanced traffic shaping is discussed in Tyk's documentation as supported. |
Developer Experience
(11 Yes /11 Known /11 Possible features)
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Interactive API Documentation Auto-generated documentation with try-it-out features (e.g., Swagger, OpenAPI). |
Interactive API docs (Swagger/OpenAPI UI) are auto-generated. | |
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API Sandbox Environment Safe, limited test environment for developer experimentation. |
API sandbox environments for testing are part of the developer portal feature. | |
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Self-Service Portal Portal for onboarding, documentation access, and API key management. |
Self-service portal for onboarding, docs, key management is standard for Tyk. | |
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SDK Generation Automated creation of SDKs in multiple languages for developers. |
SDK generation in several languages is available from OpenAPI definitions. | |
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Code Samples Includes quick-start code samples for faster developer onboarding. |
Code samples and quick-start guides are provided in developer docs. | |
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Comprehensive Error Codes Clear and consistent error messages with codes and explanations. |
Clear, consistent error code responses are implemented within API policies. | |
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Change Log Communication Automated notifications on API updates and version changes. |
Tyk provides notifications on API updates and version changes. | |
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API Subscription Management Supports subscription plans for API access levels. |
Subscription management and API plans are supported via developer portal. | |
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End-to-End Testing Tools Supports thorough testing across API endpoints. |
End-to-end testing tools are provided within the portal environment. | |
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API Usage Analytics for Developers Provides developers with real-time metrics for their API usage. |
Developers have access to real-time API usage analytics via the portal. | |
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Support Ticketing Integration Integrated support system for technical queries and issues. |
Support ticketing and developer support interactivity are standard. |
Monitoring and Analytics
(8 Yes /8 Known /11 Possible features)
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Real-Time Traffic Monitoring Provides live data on API usage metrics and performance. |
Analytics dashboard gives real-time traffic monitoring. | |
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Request Latency Tracking Measures and reports time taken to process API requests. |
No information available | |
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Error Rate Monitoring Tracks percentage of API requests resulting in errors. |
No information available | |
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Health Checks Automated and on-demand status checks for API endpoints. |
Automated health checks are built into Tyk's API management suite. | |
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Custom Dashboards User-configurable dashboards for monitoring APIs. |
Custom dashboards are possible via the analytics and portal features. | |
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Historical Data Retention Duration for retaining historical API usage and performance data. |
No information available | |
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Integration with External Monitoring Tools Supports integration with platforms like Splunk, Grafana, Datadog. |
Integration supported with Grafana, Datadog, and others. | |
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Alert Notification System Sends alerts for threshold breaches and downtime. |
Alerting is supported for API downtime and threshold breaches. | |
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Log Export and Archival Export logs for long-term storage and regulatory compliance. |
Log export and archival supported for compliance via dashboard and API. | |
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Anomaly Detection Automatic detection of unusual API behavior. |
Tyk Analytics provides anomaly detection. | |
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SLAs and Uptime Reporting Service Level Agreement and uptime tracking for each API. |
SLAs and uptime reporting available for enterprise users. |
Integration and Interoperability
(11 Yes /11 Known /11 Possible features)
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Support for Multiple API Protocols REST, SOAP, WebSockets, gRPC compatibility. |
Multiple API protocol support (REST, gRPC, SOAP, WebSockets) confirmed by documentation. | |
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Enterprise Service Bus Integration Compatible with ESB solutions for orchestration and mediation. |
Integrates with ESB/orchestration solutions. | |
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Legacy System Connectors Connects easily with mainframes and legacy banking systems. |
Legacy system connectors available as per banking use-case references. | |
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Third-party Integration Marketplace Pre-built integrations with common fintech and regtech services. |
Marketplace for plug-ins and third-party integrations available. | |
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Event Streaming Support Supports event-driven architectures (e.g., Kafka, MQ). |
Event streaming via Kafka/MQ systems is supported. | |
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API Orchestration Capability Orchestrates multiple APIs and business processes. |
API orchestration is supported via policies and plugins. | |
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Standard Data Format Support Understands and processes JSON, XML, CSV, and more. |
Standard data formats JSON, XML, CSV natively handled. | |
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Multi-Cloud Support Deployable on different cloud platforms and hybrid architectures. |
Multi-cloud, hybrid, and on-premises deployments are a key Tyk differentiator. | |
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Service Discovery Integration Integrates with service registries (e.g., Consul). |
Service discovery integration (e.g., Consul) available. | |
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API Versioning Manages and routes multiple versions of APIs seamlessly. |
API versioning and seamless routing of versions is included. | |
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BPM/Workflow Engine Integration Interoperates with business process management tools. |
Integration with BPM/workflow engines is available. |
Scalability and Performance
(8 Yes /8 Known /10 Possible features)
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Horizontal Scalability Ability to add nodes and balance load automatically. |
Horizontal scalability and auto-balancing are supported out of the box. | |
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High Availability Architecture Redundant components and failover to maximize uptime. |
Tyk is architected for high availability, with redundant and failover deployment guides. | |
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Throughput Capacity Total number of API requests handled per second. |
No information available | |
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Load Testing Tools Includes tools for stress and performance testing APIs. |
Load testing tools and guides are available for performance validation. | |
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Auto-Scaling Policies Automatic scaling based on real-time demand. |
Auto-scaling can be managed in supported cloud deployments. | |
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Geo-Distributed Deployments Supports deployments across multiple geographic locations. |
Geo-distributed deployments are a documented use case for banks. | |
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Low Latency Processing Optimized to minimize request/response latency. |
Low latency is a Tyk performance focus; benchmarks available in docs. | |
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Concurrent Connection Limits Maximum number of simultaneous client connections supported. |
No information available | |
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Session Persistence Ability to maintain session/state across distributed systems. |
Session persistence through tokens/cookies is supported. | |
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Fast Failover and Recovery Quickly re-routes traffic on failure for uninterrupted service. |
Supports fast failover and traffic rerouting for resilience. |
API Lifecycle Management
(9 Yes /9 Known /9 Possible features)
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API Design Tools User-friendly tools for designing APIs (specifications, linting, etc). |
API design tools (OpenAPI specification, editing) are supported. | |
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Automated Deployment Pipelines CI/CD pipelines for consistent API release processes. |
Automated CI/CD pipelines can be integrated for API deployment. | |
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Version Control Tracks changes and rollbacks for API definitions and implementations. |
Version control integration for API specifications is available. | |
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Lifecycle Stages Tracking Defines and manages API states: development, testing, production, deprecated. |
Lifecycle management for APIs (dev/test/prod/deprecated states) is supported in the portal. | |
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Deprecation and Sunset Policy Enforcement Controlled migration paths and communication for deprecated APIs. |
Deprecation/sunset policies with migration paths are managed via versioning. | |
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Change Management Logging Monitors changes and notifies stakeholders. |
Change management and logging of all updates are provided. | |
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Automated Testing Integration Integrates with automated test frameworks. |
Integration with automated test frameworks (CI/CD) is possible. | |
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Approval Workflows Multi-step approval for API publishing or promotion. |
Approval workflows for publishing APIs are integrated in the dev portal. | |
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Rollback Mechanism Quickly revert to previous stable versions. |
Rollback mechanisms are standard feature in version and deployment management. |
Regulatory and Compliance
(9 Yes /9 Known /9 Possible features)
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Audit Logging Comprehensive, immutable records of every API activity. |
Audit logging for all API activity is built into Tyk. | |
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Privacy Controls Strict controls for personal and sensitive data processing. |
Privacy controls can be customized for sensitive data handling. | |
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GDPR Compliance Supports mechanisms for data rights and protection under GDPR. |
GDPR compliance with data rights/workflows is specifically called out for Tyk. | |
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PCI DSS Support Meets requirements for processing and storing payment card data. |
PCI DSS compliance for payment data is supported in relevant deployments. | |
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PSD2/Open Banking Readiness Supports open banking standards and frameworks. |
PSD2/Open Banking support is an explicit Tyk feature. | |
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Consent Management Tracks and enforces customer consent for data sharing. |
Consent management is part of Open Banking implementation examples. | |
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Data Residency Controls Enforces policies on where data can be physically stored. |
Data residency policies can be enforced with on-premises/hybrid deployments. | |
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Retention & Deletion Policies Automates retention and deletion per regulatory timelines. |
Automated retention and deletion can be configured. | |
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Automated Compliance Reporting Generates reports to demonstrate compliance. |
Report generation for compliance auditing exists in admin tooling. |
User and Access Management
(9 Yes /9 Known /9 Possible features)
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Role-Based Access Control (RBAC) Granular user permissions based on assigned roles. |
Role-based access control (RBAC) is a native security feature. | |
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Single Sign-On (SSO) Integration with enterprise authentication solutions. |
SSO integration with enterprise authentication is supported. | |
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Multi-Factor Authentication (MFA) Enforces strong two-factor user verification. |
MFA is available for all sensitive consoles and customer tenant logins. | |
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User Provisioning Automation Automated creation, update, and deactivation of user accounts. |
User provisioning automation available via API and integrations. | |
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Delegated Administration Allows specific user groups to manage access. |
Delegated administration with granular group management is supported. | |
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Session Management Controls and monitors user session durations and activity. |
Session duration control and monitoring is configurable. | |
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Access Review and Recertification Periodic verification of user access rights. |
Access review and recertification workflows configurable. | |
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External User Federation Allows federated login for third-party or partner users. |
External user federation is feasible for partner/federated login options. | |
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Entitlement Management Assign and manage granular entitlements to users. |
Fine-grained entitlements configurable for users and apps. |
Operational and Maintenance Features
(8 Yes /8 Known /8 Possible features)
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Zero-Downtime Upgrades Ability to patch or upgrade system components without impacting users. |
Zero-downtime upgrades detailed for enterprise deployments. | |
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Automated Backups Schedules and manages regular backups. |
Automated backup scheduling is configurable in Tyk's admin. | |
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Disaster Recovery Support Failover and restore processes for high system resilience. |
Disaster recovery via failover and backup/restore processes. | |
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Rollback Capabilities Quick reversion to previous system states after failed changes. |
Rollback to previous states after failed change is documented. | |
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Remote Management API API for managing infrastructure remotely. |
Remote management API available for infrastructure/devops team. | |
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Automated Configuration Management Tools for managing configuration drifts and automating changes. |
Automated configuration management via devops tooling. | |
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Self-Healing Mechanisms Automated corrective actions for detected failures. |
Self-healing and resilience strategies documented for high resilience. | |
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Maintenance Window Scheduling Automated notifications and controls for system maintenance. |
Maintenance window scheduling and notifications are available. |
Cost Management and Optimization
(8 Yes /8 Known /8 Possible features)
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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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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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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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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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Resource Optimization Recommendations Suggests ways to optimize API and infrastructure usage. |
Resource optimization advice available for infrastructure/API usage. | |
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Granular Cost Allocation Assigns costs to departments, projects, or teams. |
Supports granular cost allocation/tagging via organizational tools. | |
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License Management Tracks feature/component licensing and compliance with agreements. |
Feature and component licensing tracking is offered for enterprise compliance. | |
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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. |
API Management Platforms for IT and Infrastructure
Software for creating, publishing, maintaining, and monitoring APIs that connect different systems within the brokerage and with external partners and clients.
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