Envestnet | Yodlee announced Monday new intelligent application programming interfaces (APIs) and an enhanced developer experience through which to access them. Both pieces of the announcement are meant to help in the creation of “hyper-personalized financial wellness solutions,” according to a company statement.
The intelligent aspect of the APIs comes out of data science and machine learning capabilities Yodlee has developed to reduce the related expertise that building out such complex APIs would have required in the past. In turn, this is expected to simplify the task for developers to deliver personalized, actionable insights through their applications. The new offering will be available to customers in the United States starting Q1 2020.
The announcements were made at the Money 20/20 conference being held in Las Vegas, and the APIs and experience are being demonstrated at the firm’s booth.