Financial data provider InvestmentLink has launched a new data service that was developed to help fintech companies create more engaging software products.
The company said InvestmentLinkRT (ILRT) extends the range of its available data so that users can access an “unparalleled hybrid data source of over 600 direct and client-authorised feeds”.
The feeds will cover areas that were previously difficult to access, including individual bank, mortgage, credit card, loan, term deposit, industry superannuation fund, self-managed superannuation and direct share accounts.
“Until now, Australian software developers have been limited in their ability to integrate the full spectrum of client accounts into their products,” InvestmentLink chief technology officer Wayne Robinson said.
“The ILRT service allows the integration of individual client-authorised feeds with the direct institutional feeds they already have access to through InvestmentLink.”
InvestmentLink’s existing data platform provides more than 600 direct data feeds to wealth managers, dealer groups, software developers, accountants and tax agents.
“Our clients have been seeking access to this level of data for some time and we are pleased now to be able to offer this through an easily integrated feed,” Mr Robinson said.
“Software developers will now be able to enhance existing products and develop richer and more dynamic platforms for their clients. Ultimately, this will give advisers a deeper and more holistic view of client financial data, giving advisers new ways to engage with clients.”
Bitcoin and Ethereum are snagging the headlines, but stablecoin could be a rising giant in the global finance landscape. ...