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Envestnet | Yodlee Releases Its New API Architecture, Saving Developers Time and Resources to Bring Product to Market

REDWOOD CITY, Calif., Feb. 02, 2016 (GLOBE NEWSWIRE) -- Envestnet | Yodlee (NYSE:ENV), a leading technology and applications platform powering dynamic, cloud-based innovation for digital financial services, today announced it is introducing a simpler, more intuitive RESTful API architecture that allows developers to integrate with and access the company’s data platform with less effort and time spent.

“We have reduced the code requirements and now provide speed of integration, intuitive APIs, a simplified data model, and clear documentation – which results in faster time to market,” said Chris Chen, Senior Vice President and General Manager at Envestnet | Yodlee. “We understand that an easy-to-use API is critical for developers; therefore, we have incorporated valuable feedback from our customers and made significant improvements to simplify the Envestnet | Yodlee Aggregation API. This is the first step to ensure we are not only the leader in providing financial data, but also in delivering a world class developer experience.”

Developers will be able to leverage the new RESTful Aggregation API to provide an easier and more streamlined approach to access over 14,000 data sources provided by Envestnet | Yodlee, giving their customers real-time access to their aggregated financial data. Streamlining the access to data allows customers to enjoy a quicker and seamless user experience. By creating a fluid user experience, it allows customers to more readily make better financial decisions.

“We are excited to leverage Envestnet | Yodlee’s RESTful APIs as part of this Ynext Incubator class," said Trent Bigelow, Cofounder at Track.tax. "Envestnet | Yodlee offers a secure, quick, and simple method to access financial data that enables us to help independent contractors automatically manage self-employment taxes, accounting and finances."

The new Envestnet | Yodlee Aggregation API securely links external financial accounts, and will be available to developers as part of its new pay as you go Quick Start Package. This package will include access to key financial data sources allowing early stage developers to quickly gain momentum with their apps using direct data feeds from top financial institutions.

Find out why more than 450 Internet companies and over 500 financial institutions work with Envestnet | Yodlee to power the next generation of fintech innovations. For more information, please visit the developer portal: https://developer.yodlee.com/Yodlee_API.

About Envestnet | Yodlee

Envestnet, Inc. (NYSE:ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective, and fully aligned standard of care, and empower advisors to deliver better outcomes.

Envestnet | Yodlee is a leading technology and applications platform powering dynamic, cloud-based innovation for digital financial services. More than 950 companies, including 12 of the 20 largest U.S. banks and hundreds of Internet services companies, subscribe to the Envestnet | Yodlee platform to power personalized financial apps and services for millions of consumers. Envestnet | Yodlee solutions help transform the speed and delivery of financial innovation, improve digital customer experiences, and deepen customer engagement.

Envestnet | Yodlee is headquartered in Redwood City, CA with global offices in London and Bangalore. For more information, visit www.yodlee.com

Media Contact VSC for Yodlee Interactive Abbie Havern abbie@vscpr.com 1-650-815-5050

Source:Yodlee, Inc.