Services Overview

Put Data Aggregation Technology to Work for You:

Services Overview
Hundreds of billions of dollars in assets and millions of financial data records flow through data aggregation software every night.  Why? Because ByAllAccounts solutions enable you to:

• Use our patented technology to automate a process that many financial advisors are still doing manually – namely, entering data from paper statements or downloading data from an online account into a wealth management system (no more manual data entry errors!)
• Get unparalleled access to financial account data from thousands of custodians, so you can gather investment account information that’s often difficult to access electronically, such as a client’s 401K
• Choose the option to take receipt of your clients’ login credentials to enable the aggregation, or alternatively, to have your clients enter their encrypted login credentials so you never have to see them.

Watch our 1-minute overview on data aggregation.
 

Your Choice of Services:

ByAllAccounts offers you a choice of database management and reconciliation services for your held-away account information. Do you prefer to:

•  Run ByAllAccounts In-House and Receive Reconciliation-ready Data. Run a portfolio management system (PMS) or CRM in-house, and reconcile data daily?  Able and ready to run ByAllAccounts’ software?
  
  OR

• Have a Partner run ByAllAccounts Off-Premise and Receive Reconciled Data. Prefer to outsource database management and reconciliation to a ByAllAccounts partner?  

Either way, you’ll find a solution that meets your needs…
 

Receive Reconciliation-ready data from ByAllAccounts

Reconciliation-Ready data describes the depth and quality of the data provided by our service. It tells you that you’re not dealing with any of the “consumer” oriented data aggregation services whose goal is a visual presentation of aggregated data. Rather, with ByAllaccounts, you receive data that matches the requirements for commercially-available portfolio accounting systems and data reconciliation systems, such as those from Schwab, Morningstar, and Advent, to name a few.

Data for positions, balances, transactions, and securities are loaded directly into the portfolio management system to populate the portfolios (transactions and securities) and enable you to reconcile data daily against the custodian-reported positions and balances. 

Take advantage of these three key benefits:

• Automate Your Back Office Workflows – Virtually eliminate manual data collection & entering
• Produce Reconciliation Ready Data – For use within your wealth management platform
• Consolidate Reporting – Enabling a complete view of your clients’ financial performance 

Rely on us to gather information on these account types:

·         401(k)’s, 529’s, IRA’s

·         Brokerage accounts

·         Corporate and government bonds

·         Cash and equivalents

·         Equities

·         ETF’s

·         Liabilities (*restrictions apply)

·         Mutual funds

·         Personal checking and saving accounts

·         Proprietary investments (e.g., 401K investment choices, etc.)

·         Sweep accounts

·         Variable annuities

·         And more…

Receive Reconciled Data from our Partners

If you don’t run a portfolio management or accounting system in house, and you want to outsource database management and data reconciliation, you’re invited to work with a ByAllAccounts partner. You’ll find that our partners will download account data, post it, and do the data reconciliation and performance calculations on held-away assets. 

Benefit from the services of our partners who provide:

• Portfolio Management Systems
• CRM’s
• Rebalancing Tools
• Client Portals
• Personal Trading Surveillance Software
• Outsourcers for Commercially Available Platforms,
• Outsourcers with Their Own Proprietary Platforms,
• And More...

Click here to see our list of investment partners.

To learn more:

• Read our data aggregation advantage white paper.
• Watch a demo on data aggregation.
• Learn how to bill on held-away assets.
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