API REST v1.0
A REST API is an architecture for designing distributed systems that enables communication between different applications over the Internet. It’s based on the concept of resources, which are objects or data that can be accessed and manipulated via URLs. CRUD operations (Create, Read, Update, Delete) are performed using corresponding HTTP methods (POST, GET, PUT, DELETE), and data is often exchanged in formats like JSON or XML. REST APIs adhere to the principles of the REST architecture, including client-server separation, caching, uniform interface, and statelessness.
Key Features:
- Simplicity: Easy-to-understand endpoints and HTTP methods for data retrieval.
- Flexibility: Adaptability to various programming languages and frameworks.
- Compatibility: Works well with most modern development tools.
API OData v2.0
OData is a standard protocol that extends the capabilities of REST APIs to allow advanced querying and manipulation of data. It enables complex queries, filtering, sorting, and pagination of data directly through URLs using special parameters. OData also provides capabilities for navigating between related entities and structured metadata that describe the API’s structure.
Key Features:
- Querying Power: OData allows you to perform advanced queries, filter data, and aggregate results.
- Standardization: Adheres to industry standards for data access, promoting interoperability.
- Rich Data Model: Supports relationships and complex data structures for comprehensive financial data access.
API GraphQL v2.0
GraphQL is a query language and specification for APIs that was developed by Facebook. Unlike traditional REST APIs where the client receives a predefined set of data, in a GraphQL API, the client can specify exactly what data it needs and how it should be formatted. This reduces over-fetching and under-fetching of data, as only the required information is obtained. GraphQL queries are defined by clients, not servers, providing greater flexibility in requests.
Key Features:
- Precision: Fetch only the data you need, reducing network overhead and improving performance.
- Real-time Updates: Supports real-time data retrieval through subscriptions.
- Customization: Tailor your queries to fit your specific data requirements.
At WealthTechs Inc., we understand that different applications and use cases require different approaches to data access. That’s why we offer these three distinct types of APIs.
Whether you prefer the simplicity of REST, the querying power of OData, or the precision of GraphQL, we have you covered. Our goal is to provide you with the tools and flexibility you need to excel in your financial endeavors.
Feel free to reach out to our customer service team if you have any questions or if you’re unsure which API best suits your needs. We are here to assist you in leveraging our APIs to achieve your financial goals effectively.