Denver (July 30, 2002) -- DATAlynx has unveiled an account aggregation service that allows investors to view all of their financial information at one Internet location, and allows advisors to review client records on a timely basis.
Information that can be viewed through the aggregation account include banking, investments, credit card and reward programs, as well as workplace retirement plans, mortgages, loans, insurance and employee stock option program accounts.
"The aggregated account information gives the advisor’s client a daily snapshot of his or her assets and liabilities and helps to keep track of a full range of financial information," said DATAlynx Vice President Skip Schweiss. "A client can give the advisor access to all or part of the aggregation account so the advisor will have a more complete picture of a client’s financial life."
When an aggregated account has been set up by an advisor working with DATAlynx, the service goes out to the accounts authorized by the client and compiles information into a complete financial picture on one web page. Clients can decide how much of this information their advisors may access. The service also allows the account owner to download aggregated information to Quicken or MS Money.
-- Electronic Accountant Newswire staff
