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API Economy

The API Economy is Apiway’s cross-organisation marketplace. Producers publish APIs for external consumption; consumers discover, subscribe, and integrate — with governance and metering at every step.

Producers control visibility with exposure flags:

ExposureVisibility
InternalOnly your organisation
PartnerSpecific partner organisations
PublicAnyone on the platform

Set the exposure level when creating or updating an API. Public and partner APIs appear in the marketplace catalogue.

The marketplace isn’t a free-for-all. Apiway’s quality toolchain provides trust signals for every listed API:

  • Compliance score — How well the API meets design standards
  • Recommendation count — Outstanding improvement suggestions
  • SLA definition — Clear service level commitments
  • Governance history — Has this API been reviewed and approved?

Consumers can assess API quality before subscribing.

  1. Discovery — Browse the marketplace or search for APIs by name, capability, or business function.

  2. OAS copy — The specification is copied into the consumer’s tenant. No cross-tenant data sharing.

  3. Consumer governance — The copied API goes through the consumer’s own governance flow. Their reviewers assess whether the external API meets their standards.

  4. Deployment — On approval, the API is deployed through the consumer’s gateway. Metering, compliance, and budget controls apply.

  5. Usage — The consumer calls the external API through their own gateway. All traffic is metered and tracked in their cost centre.

The API Economy enables financial tracking at the API level:

MetricMeaning
Revenue RUResource units consumed by subscribers of your APIs
Cost RUResource units you consume from external APIs
MarginRevenue minus cost per API

The Wealth Engine aggregates this into a portfolio-level balance sheet:

  • Which APIs generate the most revenue?
  • Which APIs cost the most to consume?
  • Are any produced APIs running at negative margin?
  • What’s the total API economy balance for the organisation?

When a produced API depends on a consumed external API (the aggregator pattern), Apiway tracks the dependency:

  • Cost attribution — The consumed API’s cost is attributed to the produced API
  • Margin calculation — Revenue from the produced API minus the cost of its dependencies
  • Risk awareness — If a dependency’s SLA is worse than the produced API’s SLA, it’s flagged

For APIs that exist outside the marketplace (third-party APIs not on Apiway), the consumer onboarding pipeline lets you bring them under management:

Terminal window
curl -X POST https://core.api.apiway.net/v1/programmes/consume \
-H "Authorization: Bearer $TOKEN" \
-d '{
"name": "Stripe Payments",
"specification": "<base64-encoded OAS>",
"targetUrl": "https://api.stripe.com"
}'

This deploys the external API through your gateway for metering and compliance — without mock, recommendations, or verification steps.