REDWOOD CITY, Calif., March 29, 2016 (GLOBE NEWSWIRE) -- Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced a strategic partnership with Vanguard, one of the world’s largest investment management companies. Leveraging Envestnet | Yodlee’s industry leading data aggregation platform, Vanguard clients within Personal Advisor Services can aggregate all of their financial accounts, enabling them to view a broad, complete picture of their financial situation.
The strategic partnership with Envestnet | Yodlee gives a subset of Vanguard clients access to Envestnet | Yodlee’s Personal Finance Management Platform as well as FastLink. Personal Financial Management tools empower customers with the ability to keep tabs on all of their financial accounts in one secure place, manage their expenses, set a budget, save for personal goals, view investments, calculate their net worth, and more. Envestnet | Yodlee FastLink provides a quick and easy way for these Vanguard clients to add and access external accounts while providing secure authentication mechanisms.
“We’re honored to partner with a leading investment management pioneer that offered the world’s first index mutual fund to individual investors,” said Bill Parsons, General Manager, Products and Senior Vice President, Americas at Envestnet | Yodlee. “We are excited to provide these Vanguard clients a secure way to access their external accounts via the Envestnet | Yodlee Platform. As a result, these Vanguard clients have the tools they need to seamlessly access all their financial accounts in one place.”
“For our clients, simplicity is key,” said Karin Risi, Managing Director and Head of Vanguard Retail Investor Group. “Our partnership with Envestnet | Yodlee, provides our Personal Advisor Services clients with a powerful platform to access a comprehensive picture of all of their accounts to help them achieve investment success.”
To learn more about implementing Envestnet | Yodlee’s technology and services to build next-generation financial apps and services, visit www.yodlee.com.
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 data aggregation and data analytics 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 improve the speed and delivery of financial innovation, improve digital customer experiences, and drive better outcomes for our clients and their customers.
Envestnet | Yodlee is headquartered in Redwood City, CA with global offices in London and Bangalore. For more information, visit www.yodlee.com.
Vanguard is one of the world’s largest investment management companies. As of January 31, 2016, Vanguard managed more than $3.2 trillion in global assets. The firm, headquartered in Valley Forge, Pennsylvania, offers more than 300 funds to its more than 20 million investors worldwide. For more information, visit vanguard.com.