Account Aggregation


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Account Aggregation

A practice or service in which information on a large number of accounts (such as credits, debts, and so forth) are available on a user friendly sheet or interface. Account aggregation makes management of multiple accounts easier, especially for a financial adviser or investment manager with a large number of clients. Account aggregation began to become common in the middle of the first decade of the 2000s.
References in periodicals archive ?
a global provider of financial services software and software-enabled services, today announced that its Black Diamond wealth platform was recognized as the top technology provider for Account Aggregation at 2016 WealthManagement.
Invessence has partnered with MX to provide account aggregation capabilities for its client base, the company said.
Account aggregation technology has been available in various forms for many years.
ONLINE ACCOUNT AGGREGATION is rapidly maturing as a strategy for financial representatives to grow their businesses.
Account aggregation provider eWise Systems has had its digital safe technology chosen by first direct, an online banking service provider, for its new offering.
Others provide some services such as bill paying, account aggregation and due diligence on investments and refer out financial planning, asset allocation and actually investing the client's money.
FundsXpress, a provider of online financial services, and Yodlee, a provider of aggregation solutions, have formed a strategic partnership to provide a fully integrated account aggregation and Internet banking solution to FundsXpress clients.
In this scenario, CPAS handle all financial information related to their client's life, from bill paying, account aggregation and reporting, to preparation of financial statements and tax work.
the improving ability of noninsurer financial institutions to provide account aggregation products and services.
of the United States to offer account aggregation services in Japan.
Worldwide Computer Products News-15 August 2001-Rhodes delivers alternative to account aggregation (C)1995-2001 M2 COMMUNICATIONS LTD http://www.
Account aggregation is a Good Thing, but many customers aren't yet as convinced of this as their banks are, according to a report issued by Meridien Research.