Financial Wellness

Engage and Coach Consumers Toward Financial Wellness

While most consumers recognize that they’re responsible for growing and managing their own retirement and savings, many lack the financial literacy and time. Taking traditional Personal Financial Management (PFM) tools to the next level, the Envestnet | Yodlee® Financial Wellness Solutions make it easy to provide the actionable advice and personalized financial coaching consumers need to move forward.

Comprised of the leading Envestnet | Yodlee Financial Data Platform, AI-powered FinApps, and APIs, Envestnet | Yodlee Financial Wellness Solutions enable Financial Service Providers (FSPs) to coach consumers toward true financial wellness. Now, with the addition of Envestnet | Yodlee Conversational Artificial Intelligence (AI), consumers have the opportunity to interact with their financial institutions on their terms, using natural human language on any device, across all major conversational ecosystems. By using Envestnet | Yodlee Financial Wellness Solutions, FSPs can optimize financial wellness outcomes for consumers, increase engagement, become the trusted provider customers turn to throughout their lives, and increase their share of wallet.

Access to the best and most comprehensive financial data

Yodlee’s Financial Wellness Solution are built on the Envestent | Yodlee Financial Data Platform, which provides the best and most comprehensive financial data in the industry. This innovative platform leverages over 18,000 global data sources, an unparalleled breadth, depth, and variety of financial accounts (including cash, credit, loans, investments, and bills), and leading financial industry practices for security, risk, and compliance management.

Powered by a revolutionary AI engine

Data enrichment and machine learning are at the core of our Financial Wellness Solutions. These new and advanced AI-driven techniques enable the identification of actionable patterns across massive data sets. Using these analytics techniques is critical to building personalized and engaging experiences with actionable recommendations that help users proactively improve their financial health.

Delivered Through Conversational AI

As enterprises move from chat to conversational ecosystems, they require the ability to interact where their consumers are today. With Envestnet | Yodlee Conversational AI, FSPs can connect with consumers on any device, across major conversational ecosystems like Amazon Alexa, Apple Siri, and Google Assistant. Industry-leading user intent recognition enables consumers to use natural human language, not computer speak, to easily engage with their banks and take action to improve their financial health. With natural language processing tailored for FSPs, conversational AI makes it easy to deliver personalized experiences, deep insights, and integrated financial solutions to effectively and efficiently guide consumers down the path to financial wellness.

Develop financial wellness with FinApps and APIs

From AI FinCheck to OK to Spend, FinApps are an integral part of our Financial Wellness Solutions. These white label, fully configurable financial management apps can be quickly integrated and deployed to provide users with easy ways to analyze, manage, and automate different aspects of their finances. Another option is to develop your own custom applications with APIs that include the same enrichment, analytics, and business logic used in our FinApps.

A complete wellness ecosystem with development flexibility

Through ongoing innovation and partnerships with best-in-class fintech providers, Envestnet | Yodlee Financial Wellness Solutions offer a variety of wellness expertise and specialized services. When you join our wellness ecosystem, you’ll receive full access to these wellness tools, which can be implemented as needed.

Whether you prefer an “out of the box” preconfigured wellness solution that can easily plug into your existing financial experience or want to build a signature experience from scratch but need help from a data and analytics perspective, Envestnet | Yodlee can help. With complete flexibility, regardless of your strategy, Envestnet | Yodlee Financial Wellness Solutions are designed to optimize your development resources and accelerate time to market.

Use the Envestnet | Yodlee Financial Wellness Solutions to improve:

  • Customer loyalty and share of wallet
  • The financial wellness guidance you offer to customers
  • Overall consumer engagement
  • Product and service adoption
  • Customer base intelligence and customer insights
  • Marketing efforts and Next Best Offer (NBO) strategies

Build your Solution with our Products

Use FinApps individually, combine them to meet specific needs, fold them into your existing website, or leverage them to build your own apps.

Build the next generation of innovative and disruptive financial solutions using our API and cloud platform.

Our analytical financial data can help you identify key consumer financial trends and fine-tune market strategies to better attract and engage consumers.

Related Resources

Envestnet | Yodlee Data Analytics for Retail + Commerce Signals Data Sheet

Envestnet | Yodlee Financial Wellness Solution Brochure

The Envestnet | Yodlee Financial Wellness Solution powered by data intelligence provides engaging personal financial experiences with actionable insights for consumers and financial institutions.
Read Flipbook
Envestnet | Yodlee Data Analytics for Retail + Commerce Signals Data Sheet

Preparing Financial Service Providers for the Bot Revolution eBook

With the ability to deliver individualized guidance, sales support, customer service, and other commerce-related functions, chatbots are completely changing how consumers interact with their brands.
Read Flipbook