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Envestnet Intelligence, Unveiled at Finovate, Delivers AI-Powered, Real-Time Answers to Key Questions for Financial Institutions

09/25/18 9:00 am EDT
New omni-channel intelligence tool provides customized business insights anywhere, anytime for desktop, mobile and Alexa-enabled devices

REDWOOD CITY, Calif., Sept. 25, 2018 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform for digital financial services, today announced Envestnet Intelligence for Financial Institutions. This new omni-channel, intelligence tool leverages AI & machine learning, natural language processing, and an advanced data analytics engine, enabling financial institutions to easily get answers in real-time to key business questions. Available for desktop, mobile and Amazon Alexa-enabled devices, Envestnet Intelligence is being revealed on-stage at FinovateFall 2018 today and is currently available to select Envestnet | Yodlee customers.

Providing interactive, predictive, and conversational capabilities, Envestnet Intelligence extracts information from comprehensive financial data sets to ensure customers have an easy way to answer crucial questions anywhere, anytime, on any device. With Envestnet Intelligence, financial institutions can personalize the information they need through interactive playlists and seamlessly socialize this information across the organization. Ultimately, Envestnet Intelligence helps financial institutions: identify cross-sell and upsell opportunities; decide how to competitively position products and services; choose which marketing campaigns to run; determine how to segment customers; and know how to engage those customers.

According to PwC research on top financial issues for 2018; the volume and speed of data for financial institutions is growing, with potentially 44 zettabytes of new data created annually by 2020. Financial Institutions are overwhelmed by the volume of big data and data spread across multiple silos, making it difficult for lines of business to access and use the data. Without the right tools, deep business insights are difficult, expensive, and time consuming.

"We recognize our customers are seeking analytics and insights to their important business questions and often encounter obstacles due to complicated access, disparate data sources and lack of resources," said Frank Coates, executive managing director at Envestnet | Yodlee. "Envestnet Intelligence transforms the way in which our customers engage with their data and garner insights, providing an interactive analytics tool that enables them to easily uncover and act on business opportunities."

Envestnet Intelligence is scalable and customized to meet specific needs with a variety of packages:

  • Engagement- enables financial institutions to measure their customer adoption and engagement of data aggregation-based offerings 
  • Advanced- allows financial institutions to better understand their book of business, evaluate customer analytics and growth opportunities, and understand how to increase profitability and share of wallet
  • Custom- enables financial institutions to integrate aggregated data and proprietary data across business silos to deliver additional insights that directly align to business goals and company strategy

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet 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, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software for advisors. Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation and fiduciary managed account solutions.

More than 88,000 advisors and more than 3,500 companies including: 15 of the 20 largest U.S. banks, 43 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 and follow @ENVintel.

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SOURCE Envestnet | Yodlee

Keith Mutzman, 415-269-4734,

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