London, March 18, 2021—Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced the appointment of William Napier as Product Director, Open Banking for Europe, the Middle East, and Africa (EMEA).
A focus for Mr. Napier will be to continue the expansion of Envestnet | Yodlee's open banking solution and commitment to the development of open finance to firms across the EMEA. This effort will help to extend Envestnet | Yodlee's support for FinTechs to drive innovation and empowerment of financial institutions to expand their global capabilities through its open banking products.
Open banking provides consumers and businesses a secure and transparent way to link accounts, transactions and other financial data to third-party financial wellness experiences via application programming interfaces (APIs). Through Envestnet | Yodlee’s trusted open banking ecosystem, its APIs support financial service companies and FinTech innovators, and are designed to support PSD2 and Open Banking regulations.
Mr. Napier joins Envestnet | Yodlee’s London office most notably from Experian where he was product lead and responsible for several offerings within the direct-to-consumer marketplace that use open banking. Prior to this, he worked at companies including 118118 Money and Iglu.com, where he held positions developing new products and driving growth with existing products.
Jason O'Shaughnessy, Head of International Business at Envestnet | Yodlee, said: “William is an excellent hire with a proven history of expanding established products in market while also helping develop new solutions. His experience in open banking will be invaluable to driving our expansion in EMEA markets.”
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 106,000 advisors and more than 5,100 companies including: 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors and their clients.