18 October 2017
visit www.response.ncr.com

Monetary Authority of Singapore issues first set of data APIs

11 November 2016  |  3348 views  |  0 Source: Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS) today announced that it is publishing 12 sets of data from MAS’ Monthly Statistical Bulletin as Application Programming Interfaces (APIs) on the MAS website.

These include frequently accessed datasets on exchange rates and interest rates.

2 MAS’ APIs provide financial institutions and application service providers more opportunities to serve their customers better. For example, financial institutions that use MAS’ data to benchmark themselves against the industry, can use these APIs to minimise costly manual data entry; application service providers can create applications to compute exchange rates to help companies file tax returns. Users can also automate the extraction of MAS’ data and illustrate trends easily and quickly with these APIs.

3 Mr Lawrence Ang, Executive Director of Information Technology Department at MAS, said, “MAS has been encouraging financial industry players to publish open APIs on their datasets, to allow users to connect information and offer innovative solutions. MAS is leading by example through the launch of these 12 APIs. MAS will progressively publish more datasets as APIs in the coming months.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15087 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8307 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7786 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7182 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6352 views comments | 8 tweets | 16 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job