Envestnet | Yodlee, a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, has appointed Tim Poskitt as Country Manager to direct the company’s Australia New Zealand operations. Poskitt will be based in Sydney at Envestnet | Yodlee’s local headquarters.
Poskitt brings 15 years of international experience in financial services and data analytics, including senior roles at HSBC and Illion (formerly Dun & Bradstreet). His role will be instrumental in realising Envestnet | Yodlee’s growth plans for the two countries.
“Australia and New Zealand are two markets which already recognise the value of more personal financial intelligence” says Tim Poskitt. “Right now, we’re focused on developing interest and demand for Envestnet | Yodlee on use cases related to open banking, financial wellness, account verification and data enrichment, among others.”
“I know first-hand that both countries are exceptionally welcoming towards new thinking and technology. They offer huge opportunities for innovation in the financial space. We’ll be talking to a range of business customers about the tools we offer which can enable better solutions for their consumers.”
“I am thrilled that Tim Poskitt has joined the Envestnet | Yodlee team in a region which offers so much potential” says Envestnet | Yodlee Group President Data Analytics & International Operations Bill Parsons. “The data and insights that Envestnet | Yodlee provide have powered amazing innovation internationally. Australia and New Zealand will continue to be a part of that phenomenon.”
Envestnet | Yodlee is based in California’s Silicon Valley and has fuelled financial innovation for financial institutions and fintech in Australia and New Zealand for more than 10 yearsThe company is focused on enabling financial service providers to deliver better solutions for their consumers.
Data aggregation and enrichment, the capability to aggregate data from over 17,000 global data sources and generate meaningful and actionable insights from it
Financial wellness, offering personalised financial insights to consumers to empower them to reach their financial goals through better understanding and control of their finances
Account verification, making it easy for businesses to verify account ownership and fund availability, enabling them to deliver value to consumers quickly and safely
Local customers include Xero, Finder.com.au, 86 400, PocketSmith, and others. Poskitt will be working with these companies and many more to enable them to deliver enhanced digital financial experiances to their customers, enabling better financial health which is critical during these uncertain times.
Envestnet, Inc. (NYSE: ENV) is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone. Over 103,000 advisors across more than 4,900 companies including 15 of the 20 largest U.S. banks, 46 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs, and hundreds of FinTech companies, leverage the Envestnet platform to grow their businesses and client relationships.