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MAS Playbook - Coggle Diagram

- - - - financial data
      - insurance data
      - health data
      - personal data
      - regulatory data
    - - arcod xml for insurance
      - HL7 for healthcare
    - - SG-DRM for sharing citizen's data
    - - OFX (open financial exchange)
      - SDMX
        
        the exchange of statistical and metadata among international organisation across the globe and their member countries.
- - - - Prioritise and sequence APIs to publish
      - Identify and deﬁne requirements and technical guidelines
      - Design APIs keeping in mind guiding principles such as openness, usability, interoperability
      - Decide on in-house vs outsourced API development
  - - - Identify APIs relevant to business needs
      - Search if APIs are available as an ‘Open API’
      - Ensure adherence to provider speciﬁed guidelines while developing APIs
      - Maintain InfoSec standards speciﬁed by provider
  - - - Identify and deﬁne technical guidelines and requirements when developing APIs
      - When consuming APIs, follow technical guidelines speciﬁed by providers
      - Create products that are interoperable and platform agnostic
      - Avoid modiﬁcation of the existing deﬁned APIs
    - - standard of data exchange, information security and governance mechanism
      - comply with the local regulatory policies and guidelines
      - partner API operating model
        
        bank owns the customer experience
        
        need to consider outsource and TRMG
        
        bank does not own the customer experience
        
        no need consider outsource
      - baseline risk mgt principles
        
        know your api consuming partners
        
        customer data protection
  - - - Receive requirements and technical guidelines from providers
      - Create technical speciﬁcation document
        
        Use REST for : Stateless operations Limited bandwidth & resources
        
        Use SOAP for : Stateful operations Guaranteed reliability & security
- - - - XML and JSON
        
        Extensibility and Readability
        
        XML
        
        sharing of doc
        
        XML
        
        sharing traditional data
        
        JSON
- - - - providers publish API on API management platform
    - - Providers publish APIs on public platform using hypermedia based protocols