US account aggregation vendor Yodlee has launched its wealth managment product, Advisor Pro, in the UK.
Advisor Pro allows finanical advisors to access - with the clients' permission -all the online accounts a client holds at all financial insitutions.
Powered by Yodlee's data aggregation engine, Advisor Pro provides a real-time consolidated view of clients' financial activity along with tools to track account movements and provide investment advice.
The system monitors all client accounts and alerts the advisor of any significant account changes.
In addition, the application automates processes for exporting data into the third party investment planning applications used by the advisor.
Anil Arora, president and CEO of Yodlee, says Advisor Pro has been developed largely in response to feedback from clients.
"We see a tremendous opportunity to extend our technology and these relationships to help advisors provide superior investment advice," says Arora.