Axway Introduces Amplify Platform for AI Governance and Cost Control in Financial Sector

Axway has launched its Amplify Platform, a solution aimed at helping banks manage AI governance and control escalating costs associated with AI deployments. The platform unifies API management with AI orchestration, providing tools to track AI decisions and potentially reduce token spending by 30% to 40%. This addresses the growing financial pressures and regulatory requirements, such as the EU AI Act, in highly regulated sectors.