Teknowledge Corporation - Tekportal eFinance Suite
|
 |
| |
Tekportal Account Aggregation
TekPortal Account Aggregation consolidates customer information from over 5,000 institutions in the US, Japan, Canada, Latin America, Australia and the UK to provide the end user and Financial Service Provider (FSP) an unprecedented view of the customer’s total financial portfolio.
 |
TekPortal Account Aggregation collects, normalizes, and makes available customer financial data from external sites using a variety of modules that include OFX, IFX, QIF, HTML parsing, and XML. Our unique architecture enables the FSP to warehouse all data safely & securely within its own data center
TekPortal Account Aggregation is deployed at and used by the largest FSPs in the US including Wells Fargo, NetBank, service bureaus including NCR, Metavante, and Fiserv, as well as small and mid-tier institutions like Pacific Capital Bank, Stanford FCU, and Pennsylvania State Employees Credit Union.
|
Teknowledge’s vision of the Aggregation industry leads the migration from web site, HTML parsing feeds to standards based OFX feeds, with the FSP being the aggregator. TekPortal Account Aggregation and TekPortal OFX support this vision.
Benefits
FSP value:
- Unprecedented view of the end user financial portfolio for real customer relationship management and data mining
- Adds value to other applications using the aggregated data including:
- Bill presentment: TekPortal Account Aggregation consolidates bill information from the top biller web sites.
- Wealth management: Automate the private banker or advisor data input role with automatic feeds through TekPortal Account Aggregation.
- Internal or affinity aggregation: Consolidate information from many internal systems or affinity web sites in an automated and reliable fashion.
- Significant ROI to running aggregation in house with TekPortal vs. as an ASP service
End user value:
- Time savings: Consolidated view of entire financial portfolio.
- Fraud control: Alerts and reporting of any activity that exceeds user set thresholds.
- Portfolio activation: Coupled with TekPortal Transfers, the user’s portfolio becomes consolidated and seamless as users can view and move money freely between accounts, regardless of the institution.
Features
End user
- Aggregates balance and transaction information from over 5,000 institutions including:
- Bank deposit and loan accounts
- Brokerage - investment
- 401k
- Insurance
- Bills
- Credit Cards
- Rewards
- Email
- Billers
- Alerts on specific transaction values, balances, descriptions, or events such as bill payment due
- Transaction categorization and reporting
- Support for offline account data
- Balance by account and net worth tracking and reporting over time
- Equities roll up report
FSP
- Use our Data mining tools to Extract, Transform and Load aggregated financial data safely from the consolidation warehouse for use in analysis & decision making.
- Integrated targeted selling tool, activated on external account data. End user segmentation is supported to allow creation of targeted marketing campaigns by segment.
- CSR view of client data (if permissioned)
- Advisor View and export capability
- Key CSR and administrator reporting features and functions:
- End user activity by date range or discrete download, including errors
- Modifiable logging levels by user, partner (for multi-bank implementations), aggregate, connector or system wide
- Billing report
- Extensive and configurable logging and reporting
- Built on the TekPortal Enterprise server providing key infrastructure
Why Teknowledge for Aggregation?
- TekPortal is the #1 selling account aggregation software product in the world.
- Teknowledge is an established company with over 23 years in business successfully delivering solutions and supporting our customers. Support for the institution access list is critical to an aggregation application – Teknowledge will be around to support the access list and has been in business years longer than all other account aggregation vendors.
Additional product information can be downloaded.
Contact Teknowledge for additional information
|
|
|
