Envestnet | Yodlee Releases New API Architecture for Its Financial Data Platform

Today, Envestnet | Yodlee announced "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." The digital financial services company continues its dedication to the developer community as it aims to lead in providing financial data through a world class developer experience. The new API architecture was created largely in response to customer feedback.    
 
"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," Chris Chen, Envestnet | Yodlee SVP and GM, commented in a press release
 
The company offers access to over 14,000 data sources. The new Aggregation API provides simple and streamlined access to all Envestnet | Yodlee data sources. Because the data is accessed in real-time, the API enables quicker access and more fluid financial decisions.
 
"We are excited to leverage Envestnet | Yodlee's RESTful APIs as part of this Ynext Incubator class," Trent Bigelow, Track.tax cofounder, commented. "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 API allows customer and advisor facing systems connect to customers' bank, retirement, and other financial accounts. Such connectivity provides a holistic view of one's personal financial status and empowers better personal financial management. The new and improved architecture allows for simpler integration across apps, services and solutions. To learn more, visit the API site
Eric Carter Eric the founder of Dartsand and Corporate Counsel for a specialty technology distributor. He is a frequent contributor to technology media outlets and also serves as primary legal counsel for multiple startups in the Real Estate, Virtual Assistant, and Software Development Industries. Follow me on Google+

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