Building Greater Client Trust with Data Aggregation Tools

data aggregation tools

One of the most powerful tides rising in the financial services industry is the global shift towards open banking. By 2024, over 130 million consumers worldwide will be engaging with open banking services which promise consumers greater control over their data, but also places responsibility on firms to manage and secure their data effectively. The […]

How Yodlee’s Predictive Analytics Can Power Envestnet to Revolutionize Financial Advice

data aggregation

When Envestnet acquired data aggregator Yodlee in mid-2015 for $590 million, mixed feelings and heated opinions were flying high. Some felt that this was a brilliant move that would augment Envestnet’s capabilities. Others frowned on the transaction citing the 50% premium as unreasonable and anticipating integration issues. A year after the deal was announced, how is the power couple faring? Better […]

Smart and Agile: Riskalyze and Quovo Help Advisors Stay Ahead of Robos

Riskalyze and Quovo

In this age of the cheap and fast robo-advisor, traditional advisors have to be smart and agile to win new clients and score more asset management opportunities. These advisors will need intelligence. That’s where data aggregation comes in. With the deeper and more meaningful insights “big data” can provide, advisors can get the edge they […]

Jemstep Advisor Pro Helps Convert Robo Prospects into Clients

Jemstep Advisor Pro

While some robo-advisor firms are making news by being acquired or spending their VC dollars on flashy marketing campaigns, some companies prefer to stay low-key and build their businesses the old fashioned way; by providing innovative solutions that add value for clients. Jemstep falls squarely into the latter category.  While they began as a direct […]

5 Serious Concerns About the Envestnet Acquisition of Yodlee

Envestnet acquisition of Yodlee

There are two sides to every story, but usually only one of them turns out to be right.  The same will be true for Envestnet’s decision to back up the Brinks truck and dump $600 million on Yodlee’s shareholders to buy their beloved company.  Was it a brilliant idea, as I wrote last week or will it turn […]

5 Reasons Why the Envestnet Acquisition of Yodlee Was Brilliant

Envestnet Acquisition of Yodlee

In case you’ve been living under a rock for the past week, Envestnet shelled out almost $600 million to purchase data aggregator Yodlee.  The reverberations from this deal are still making their way across the industry. After spending about a year talking about licensing deals and partnerships, Envestnet CEO Jud Bergman came to the conclusion that Yodlee’s […]