Alpha Notice: The Monitor API is currently in public alpha. Endpoints and
request/response formats are subject to change. For production access, contact
support@parallel.ai.
Features and Use Cases
The Monitor API can be used to automate continuous research for any topic, including companies, products, or regulatory areas— without building complicated web monitoring infrastructure. Define a query once along with the desired schedule, and the service will detect relevant changes and deliver concise updates (with source links) to your systems via webhooks.- News tracking: Alert when there’s notable news about a company or product you’re interested in
- Competitive monitoring: Detect when competitors launch new features or pricing changes
- Regulatory updates: Track new rules or guidance impacting your industry
- Deal/research watchlists: Surface material events about entities you care about
- Tracking products: Track modifications to a product listing
- Scheduling: Set update cadence to Hourly, Daily, or Weekly
- Webhooks: Receive updates when events are detected or when monitors finish a scheduled run
- Events history: Retrieve updates from recent runs or via a lookback window (e.g.,
10d) - Lifecycle management: Update cadence, webhook, or metadata; delete to stop future runs
Getting Started
Prerequisites
Generate your API key on Platform.Step 1. Create Monitor
For example, create a monitor to get the latest news on AI Request:Step 2. Retrieve Events for an Event group
After you receive a webhook with anevent_group_id (for a detected material change),
fetch the full set of related events for that group:
Request:
Lifecycle
The Monitor API follows a straightforward lifecycle:- Create: Define your
query,cadence, and optionalwebhookandmetadata. - Update: Change cadence, webhook, or metadata.
- Delete: Delete a monitor and stop future executions.
Pricing
The Monitor API is charged at 3 USD per 1,000 runs. Each run is billed individually. For example, a Monitor with adaily cadence will incur a cost of 0.03 USD in 10 days.
Best Practices
- Scope your query: Clear queries with explicit instructions lead to higher-quality event detection.
- Choose the right cadence: Use
hourlyfor fast-moving topics,dailyfor most news,weeklyfor slower changes. - Use webhooks: Prefer webhooks to avoid unnecessary polling and reduce latency to updates.
- Manage lifecycle: Cancel monitors you no longer need to reduce your usage bills.
Next Steps
- Events: Understand events, when they are emitted and how to access them.
- Webhooks: Information on setting up webhooks and listening for push notifications.
- API Reference: Complete endpoint documentation