Bringing you live news and features since 2006 

Intelliflo secures FCA registration


Intelliflo has been authorised by the FCA for registration as an account information service provider (AISP) under PSR 2017. AISP status ensures that Intelliflo can continue to aggregate information from client’s bank accounts.

This capability, available via the Personal Finance Portal (PFP), enables advisers’ clients to review the daily balances on their bank and other accounts, providing them with a holistic overview of their finances at any time.

Intelliflo already has an integration with Yodlee, providing client data via screen scraping, which therefore required us to seek authorisation to continue to carry out this activity, in line with the Payment Services Directive (PSD2), which comes into force in September 2019.

The FCA registration means Intelliflo can expand use of Open APIs that enable third-party developers to build applications and services that deliver enhanced connectivity for advisers’ clients to a broad range of financial products and services.

Nick Eatock, Intelliflo’s founder and executive chairman, says: “Being able to integrate bank account information into PFP via Open Banking means our adviser customers will be in a position to offer their clients a full overview – and full control – of their finances. We firmly believe that this service represents a step forward in the way that UK investors are able to access and interact with their finances, better enabling them to control their outgoings and savings from one central hub. Crucially, it also enables a more holistic view for the adviser in terms of the FCA’s Know Your Customer (KYC), which helps advisers to deliver good advice outcomes.  It is also a significant step forward in helping support the ongoing suitability requirements of MiFID II.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by