Account Aggregator Switch
Overview
The Account Aggregator Switch addresses key challenges in the Account Aggregator ecosystem, providing a streamlined solution for financial institutions.
- Limited Coverage: No single Account Aggregator (AA) covers all Financial Information Providers (FIPs). Our Switch connects with multiple AAs for 100% data access.
- Low Success Rates: As the AA framework evolves, success rates can be low. The Switch enhances reliability and performance.
- Integration Efficiency: Integrating with multiple AAs in one step reduces time to market, accelerating deployment and operations.
We are live with 11 AAs, offering extensive coverage and robust client data access.
- Data PortabilityAllows users to share their financial data across different institutions while maintaining privacy and security.
- User ConsentEmphasizes user consent, ensuring data is shared only with authorized entities.
- Secure InfrastructureUtilizes robust encryption and security measures to protect sensitive financial information.
- Enhanced Financial ServicesEnables tailored financial products and services based on comprehensive data analysis.
- Improved Decision MakingProvides financial institutions with accurate data for better decision-making.
- Consumer EmpowermentGives users control over their financial data, promoting transparency and trust.