Envestnet Data and Analytics to Enter the Small to Medium-Sized Business Market | News

BERWYN, Pa., April 18, 2022 /PRNewswire/ — Envestnet now introduced ideas to extend into the little to medium-sized enterprise (SMB) sector by introducing knowledge and digital solutions that empower SMBs to intelligently link, develop, safeguard, and take care of the financial wellness of their enterprise all in one particular area. The resolution will be available by Envestnet to its clients – such as advisors, banking institutions and FinTechs – to support their SMB prospects improved run their corporations by integrating details from across all the applications they use.

This expansion is part of Envestnet Facts and Analytics’ all round mission to generate money wellness with knowledge, artificial intelligence and an excellent consumer working experience, when also optimizing and broadening Envestnet’s prosperity abilities and platform for advisors – all of which enable provide the Smart Monetary Life™ to a new market place.

“Moving into the SMB room will convey details-powered methods to a broad assortment of small business house owners who have witnessed their financial demands and aims adjust considerably around the previous two a long time,” mentioned Farouk Ferchichi, World Head of Envestnet Info and Analytics. “Introducing new alternatives to the SMB sector by actively performing with our advisor, lender and FinTech companions will not only deepen Envestnet’s facts and technologies abilities in the industry, but will allow this SMB phase to get insights and intelligence on their business’ funds.”

As part of Envestnet’s dedication to serving SMB clients, it has recently partnered with upSWOT, a platform connected to 150+ SaaS products applied by SMBs. By signing a multi-12 months settlement with an revolutionary SMB market participant whose engineering will aid electric power Envestnet’s SMB solution, Envestnet is committed to getting a leader in the sector.

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About Envestnet

Envestnet refers to the household of operating subsidiaries of the general public holding enterprise, Envestnet, Inc. (NYSE: ENV). Envestnet is Fully Vested™ in empowering advisors and money services providers with impressive know-how, alternatives, and intelligence to help make financial wellness a actuality for their clients as a result of an intelligently related money lifetime. Above 108,000 advisors and extra than 6,000 companies—including 18 of the 20 biggest U.S. banks, 47 of the 50 greatest prosperity administration and brokerage companies, around 500 of the greatest RIAs, and hundreds of FinTech companies—leverage Envestnet know-how and companies that help travel much better results for enterprises, advisors, and their shoppers.

For a lot more information and facts on Envestnet, you should go to www.envestnet.com and observe us on Twitter @ENVintel.

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