Top financial innovators leverage Envestnet | Yodlee Aggregation API to develop solutions to improve financial health at Zopathon16 Hackathon

LONDON, Dec. 20, 2016 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, today recognizes the award winners of Zopathon16, the annual hackathon hosted by Zopa, the world's oldest and Europe's largest peer-to-peer lending service. The awards at the event were presented to FinYang, Dojo, and The Real Sharvan, with all of them leveraging the Envestnet | Yodlee Aggregation API to power their innovative financial health solutions.

"We're very excited to have partnered with Zopa to provide these innovators with free access to the Envestnet | Yodlee Aggregation API during the hackathon," said Jason O'Shaughnessy, SVP of International Markets and Managing Director, EMEA at Envestnet | Yodlee. "Not only are we thrilled that the award winners chose our platform to integrate into their solutions, but we also believe in the benefits each of these can have on impacting consumers' financial health. Each solution presents a unique vision of how technology can help improve financial decision-making, and we're happy the Envestnet | Yodlee API could help turn these ideas into a reality."

First prize in the hackathon went to FinYang, who utilized the Envestnet | Yodlee Aggregation API to develop a solution that makes it easier for families to share financial information, allowing for the development of joint financial goals. Second place was awarded to Dojo, which not only provides a simple way to collate consumer income data to gauge suitability for loans, but also works with the consumer to prescribe budgets to help them achieve their repayment goals. Finally, the winner for best use of Envestnet | Yodlee API was The Real Sharvan solution, which helps make the loan affordability process more accurate and simple for both consumers and financial institutions.

For more information about Envestnet | Yodlee, visit www.yodlee.com.

About Envestnet

Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to financial enterprises and advisors. Our solutions unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet enables the transformation of wealth management into a transparent, independent, objective, and fiduciary standard of care, and empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet's Advisor Suite enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, personalized financial apps and services for millions of consumers. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 52,000 advisors and 2,500 companies including: 16 of the 20 largest U.S. banks, 38 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel (https://twitter.com/envintel).

SOURCE: Envestnet | Yodlee