Compliance.ai Guides Clients to Easier Regulatory Compliance with TIBCO Cloud API Management
Clear communication of API capabilities, client time and cost savings
Regulatory change management is currently accomplished through costly, time-consuming, error-prone, manual, and unpredictable processes. And the volume of regulatory information published by state and federal governments poses a huge, expensive, time-consuming challenge for financial companies; they have no choice but to throw an increasing number of bodies at the problem.
Compliance.ai solutions address inefficiencies to help financial services companies properly manage and respond to the growing volume and pace of regulatory change. Its management solution—including a platform with purpose-built machine learning models and an API for programmatic access to its regulatory information—enables companies to gain powerful insights. The challenge was how to manage access to the API and all it offered.
"Compliance.ai selected TIBCO Cloud API Management (formerly TIBCO Mashery) as the platform of choice for this purpose," says CEO Kayvan Alikhani. “It enabled us to take advantage of full-featured API, developer, key, and application management capabilities. It gave us an easy-to-use interface to help our users interact with our API quickly and see the value of our solution before having to write a single line of code.
Secure and Personalized API Access
"We needed to provide secure and personalized access to our API, and TIBCO Cloud API Management helps our users rapidly access the vast repository of highly curated financial regulatory content we provide." The API allows for seamless integration of the latest updates in regulations for financial institutions and businesses. With Compliance.ai's data, developers can build new applications and features, and feed information into existing GRC and IRM platforms, FinTech applications, content management systems such as Microsoft SharePoint, off the shelf RSS news aggregators, and more.
Simple Developer Onboarding, API Program Management
"Instead of building our own API management solution, we took advantage of TIBCO Cloud API Management to help simplify developer provisioning and onboarding, but also to monitor usage activity, find which API endpoints are most popular, and how they are being utilized," continues Mr. Alikhani.
Clear Communication of API Capabilities
“The TIBCO Cloud API Management platform and interactive API dashboard also helped us communicate our API documentation and usage scenarios to developers. TIBCO Professional Services did a great job helping us rapidly adopt the platform and efficiently publish our APIs.
Client Time and Cost Savings
"Being able to quickly perform research across millions of regulatory documents from hundreds of different sources, all consolidated into a single source and using a consistent API, saves companies time and money.
"With our TIBCO Cloud API Management-based developer platform, Compliance.ai can focus on providing our users with increasing business value instead of spending time and resources on the operational aspects of directly building and maintaining a developer API platform."