API Management Solution for Open Banking | CDL Exam Preparation | [Your Website Name]

API Management Solution for Open Banking

Question

Your organization is awarded a contract to implement an API management solution for open banking.

Which of the listed below would be an appropriate fit to be used?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

Correct Answer: B.

Option A is incorrect.

Artifact Registry helps in storing, managing, and securing build artifacts.

Option B is correct.

Apigee API Management helps in managing APIs securely and is massively scalable.

Option C is incorrect.

Cloud monitoring is incorrect as it facilitates monitoring the application's and infrastructure's health and performance and is not related to API management.

Option D is incorrect because option C is an incorrect choice.

https://cloud.google.com/artifact-registry https://cloud.google.com/apigee https://cloud.google.com/monitoring

Out of the options provided, the most appropriate solution for implementing an API management solution for open banking would be Apigee API Management, which is option B.

Here's why:

  1. Artifact Registry (option A): This is a service in Google Cloud that allows you to store, manage, and secure Docker images and other artifacts. While it can be useful for managing the deployment of containerized applications, it is not directly related to API management.

  2. Apigee API Management (option B): This is a comprehensive API management platform that provides features such as API design and publishing, security and access control, analytics and monitoring, developer portals, and more. It is designed specifically for managing APIs, making it an ideal solution for open banking, which involves exposing APIs to third-party developers while ensuring security and compliance.

  3. Cloud Monitoring (option C): This is a service in Google Cloud that provides monitoring and alerting for your infrastructure and applications. While it can be useful for monitoring the performance and availability of your APIs, it is not a complete API management solution like Apigee.

  4. Option D: B and C: This option includes both Apigee API Management and Cloud Monitoring. While this combination can be useful for managing and monitoring your APIs, it may not provide all the features you need for open banking compliance and security.

In summary, Apigee API Management is the most appropriate solution for implementing an API management solution for open banking, as it provides comprehensive API management features designed specifically for this use case.