Spring 2022 Release Notes
Wealth Access

Our first product update of the year is bringing another set of enhancements and new features that will improve the way you use Wealth Access in your bank or wealth management organization. 

You’ll see these updates roll out automatically on Sunday, April 10th. Please note that these enhancements are configurable, and will not alter your current configuration until you decide to enable them.

Open Banking

Open banking makes accessing data faster, while also making it more secure and reliable. 

Open banking allows customers to share their financial data openly yet safely with financial services providers by virtue of banks giving access to data providers and fintech companies. Data is kept safe through a series of requirements set by the bank and agreed upon by those accessing the data.

Using OAuth, apps like Wealth Access enable consumers to go directly to a single financial institution to input their credentials rather than giving their password to multiple third parties to create a living balance sheet. 

This update will make it faster, more secure, and more reliable for your customers to connect all their financial data to Wealth Access and maintain those connections more efficiently over time.

To take advantage of this new connection, users need only open Wealth Access and update the links for their accounts. The next time they log in after updating the connection, they won’t need to re-enter a bank username and password. It’s an easy, free, and secure one-time action for consumers.

Roles-based Hierarchy

We first introduced roles-based hierarchies in our October 2021 product update’s “Coming Soon” section and we’re excited to announce that this feature is now available.

This new permissioning structure will allow you to expand on the number of user roles (financial advisor, front office professional, middle office professional, financial planner) in the system and have functional entitlements determined by the specific role. 

With this enhancement, firm administrators can now establish new roles and specify what users can or cannot do at that role. As firms onboard new employees, there will be much added benefit to simply assign the employee to a specific role and have Wealth Access functional authorizations determined by the specific role.

Here’s how to start.

Create New Role under ‘Roles’ Page in Setup

Select Permissions for New Role

Data Feed Enhancements

We’re excited to include three all-new data feeds in this product update.

Each feed connects you directly with the financial institution to receive core accounting data into the Wealth Access platform.


SEI delivers technology and investment solutions that connect the financial services industry with capabilities across investment processing, operations, and asset management.

This data feed update includes access to accounts at both the Wealth Platform and the Trust 3000 trust accounting system.


PCR provides wealth data aggregation to consolidate and deliver investment data from a variety of sources.

AmTrust Financial

AmTrust Financial is a multinational property and casualty insurer and carrier specializing in coverage for small businesses.

Transaction Enrichment

In many customer-facing digital portals, financial banking transactions go unclassified, making it difficult for customers to understand their true spending habits and identify opportunities to perhaps reduce spending to save more money. 

As enterprise firms continue to find ways to improve customer retention and differentiate themselves from competitors and the growing list of digital-only financial institutions, the ability to drive value and insight to the customer through transaction categorization is immensely valuable.

Transaction Enrichment cleans and categorizes transactions automatically, helping you add value and understanding to raw financial transaction information, so your clients can make better financial decisions.

Our process accepts a raw financial transaction feed, cleanses, and automatically categorizes each individual transaction, storing the resulting categorized transaction in Wealth Access and also providing the ability to use those updated transactions in other systems.

Coming Soon

Wealth Access for Commercial Banks

Our update for commercial banks will make it easier for your team to serve small to midsize business owners and present them a unified, complete financial view of all the ways they interact with your bank by logging into the Wealth Access platform.

Additionally, Business Insights provides commercial bankers with all the data they need at their fingertips to provide improved customer service and make more informed recommendations to their SMB owner clients.

Wealth Access for Consumer Banks

Our Digital Banking initiative is focused on allowing our enterprise firms to represent complete, enriched financial views for clients and prospects – retail + wealth + business + external – within their retail, digital banking experience. By acting as the customer data unification platform for these enterprises, Wealth Access ensures that any account information collected can be presented throughout the customer omnichannel, digital experience.

Wealth Access understands that enterprises have other digital assets, and we offer a non-invasive, open architecture system that can present the unified customer data in any digital experience hosted by the enterprise.

Our Digital Banking integration is centered on the following key areas:

  • Establishing direct bank data feeds with the enterprise
  • Open data and widget API architecture to digitally present unified customer financial views with other bank digital user experiences
  • Single sign-on between applications to improve the customer experience
  • Enriched data capabilities to automatically categorize bank transactions

Learn More About Wealth Access

Want to discover more ways Wealth Access’ updates can make your bank more efficient? Click here to connect with a Wealth Access team member and schedule your free demo today.


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