ANZ today launched ANZ MoneyManager, a secure online service that aggregates all of a customer's personal finance information from various institutions, allowing it to be viewed on the one website.
The new ANZ MoneyManager website is the first of its kind in Australia and works by securely bringing together the user's financial information from their nominated websites including banks, credit unions and other financial companies, and displaying this in one place.
ANZ Head of Online Banking Sam Plowman said: "ANZ MoneyManager is a convenient and simple tool for people wanting to better manage their finances. It's particularly relevant given that Australians, on average, have a relationship with more than four different financial institutions.
"ANZ MoneyManager can help provide people with valuable insights into their finances and spending habits by bringing all their information into the one secure place, so they can make better informed decisions.
"As well as collating financial data from the different sources, the program automatically categorises all of the consumer's purchases, showing them how much they spend on items such as petrol, groceries, housing, entertainment and other expenses.
"This is just the beginning. We are launching a Beta version of ANZ MoneyManager in the first instance, to encourage feedback from users and to enable us to make further enhancements to the service," Mr Plowman said. Features of ANZ MoneyManager include:
- An Account Dashboard, summarising key information on the one page;
- A Spending Analysis Chart;
- A Financial Calendar, displaying and calculating monthly payments and bills;
- A Net Worth Statement.
The program also offers an advanced alert system that informs users of useful information such as low balances, large transactions and upcoming bills. The program is a 'view-only' website and does not perform transactions.
ANZ MoneyManager is a secure service certified by leading online security expert Verisign. It is available free of charge and can be used by all Australians regardless of which institution they bank with.