Akoya

Akoya specializes in providing a comprehensive suite of financial data APIs that cater to open finance. Their products include APIs for balances, customers, accounts and investments, payments, statements, and transactions. These APIs support multiple use cases such as account opening, business financial management, lending and credit enhancement, payment enablement, personal financial management, and wealth management & investing. Akoya also offers a 1033 Compliance Solution to help financial institutions manage data sharing in accordance with regulatory requirements. The company provides a developer-centric platform, complete with API documentation, a sandbox for testing, and a dedicated community for developer support. Akoya maintains high security and compliance standards, holding a SOC 2 Type II certification and adhering to NIST and FIPS-140 standards. They utilize OAuth-based connections to ensure the dependability and accuracy of their data products. Akoya employs a network model that becomes more cost-effective as more data providers join, ensuring a scalable solution for data sharing. The company supports a wide range of financial institutions and continuously expands its network to enhance data coverage. Additionally, Akoya offers tiered pricing based on anticipated API volumes, accommodating various data access needs.