Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Talend joins cloud leaders in openapi initiative to further api standards and interoperability

Talend joins cloud leaders in openapi initiative to further api standards and interoperability

OpenAPI Initiative (OAI) Comprised of 30+ Leading Cloud Vendors including Google, IBM, Oracle, RedHat & SAP; Membership Also Secures Talend’s Leadership in the Linux Foundation

Talend (NASDAQ: TLND), a global leader in cloud and big data integration solutions, today announced its new membership in the OpenAPI Initiative (OAI), a consortium of forward-thinking industry experts that recognizes the value of standardizing how web APIs are defined and utilized to drive industry adoption, interoperability and best practices. Restlet, a cloud-based API design and testing platform for developers, acquired by Talend in November 2017, was a founding member of the OAI in November 2015. At that time, its goal was to create an opportunity for the API community to unite around a common language that facilitates the integration among various API tools offered by both open source projects and commercial vendors. Notable additions to OAI since its founding include Apiary (now part of Oracle), which is leading the API Blueprint project, and MuleSoft, which is leading the RAML project.

“We view the Linux Foundation as a vibrant ecosystem, similar to the Apache Software Foundation, which we’re also heavily invested in for the development of Apache Beam. Talend has a vested interest in building a community-driven API governance organization that is backed by major vendors and business actors,” said Ciaran Dynes, SVP of Products at Talend. “As the API ecosystem extends to the enterprise and the Data ecosystem, our collaboration with the OAI around API standards will promote interoperability, foster closer collaboration, and ultimately further developer innovation and success.”

Today’s digital and fiercely competitive marketplace has several driving forces:

  • Omnichannel customer experience adapting to evolving customer demands, leading to the proliferation of apps, mobile and digital devices, powered by APIs;
  • Exponential growth in the volume and variety of data captured by devices and other systems incorporated into analytics systems via ingestion APIs;
  • A rapidly evolving open source and cloud native technology ecosystem.

Nearly every application uses APIs to connect with corporate data sources, third party data services or other applications, making them “the glue” within modern data architectures. Creating a clearly described, universally agreed upon format for API services that is vendor neutral, portable and open is critical. As an OAI member, Talend will look for effective ways to promote and increase the visibility and use of API standards within the open source ecosystem, as well as augment their use within the Talend Data Fabric platform to benefit customers and partners.

“The OpenAPI Initiative is on an important mission to define and promote a vendor neutral description format understandable by humans and machines,” said Ole Lensmar, Chairman of the OAI Business Governance Board. “Restlet was one of the founding members of our organization and now that it has joined with Talend’s broader data integration portfolio, we expect new, more advanced applications of the OpenAPI Specification to emerge that will help drive the full API lifecycle.”

As part of its OAI participation, Talend will also become a member of the Linux Foundation, which is dedicated to building sustainable ecosystems around open source projects to accelerate technology development and commercial adoption.

“We’re thrilled to welcome Talend—a company founded on the premise of putting open source at the core of its entire product portfolio—to The Linux Foundation,” said Jim Zemlin, executive director of The Linux Foundation. “Talend continues to contribute to several open source projects including the OpenAPI Initiative and fosters growth of the broader community. We very much look forward to collaborating with them on projects and initiatives in the years to come.”

OAI is composed of more than 30 members, including Atlassian, Google, IBM, Microsoft, MuleSoft, Oracle/Apiary, 3Scale/RedHat, SAP, and other leaders in the API ecosystem. The Linux Foundation hosts a wide range of open source projects in its ecosystem, such as CNCF, Cloud Foundry, NodeJS, JS foundation, ODPi, Linux and more.

For more information about Talend and its complete portfolio of open source-based, cloud and big data integration solutions visit or the Talend blog.

Like this Story? Tweet this: @Talend joins Open API Initiative and Linux Foundation to support community-driven approach to API governance

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post