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By Thibaut Jacquet-Lagrze, Product Marketing Director, Temenos
Account aggregation services are mainly offered in North America as most private American investors are holding relationships with multiple wealth management firms banks, brokerage, independent investment advisory firms, etc. Wealth managers have developed this service to consolidate customer account information into a single location so that customers can see their financial situation as a whole.
There is a greater need for account aggregation services in the United States than other markets because there are a far larger number of financial institutions holding investor assets with 10,000 banks, credit unions and investment services providers in the US...
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