Aggregation Technology Available with PPC's Personal Financial Center
FORT WORTH, TX– PPC, one of the nation’s leading solutions providers for tax and accounting professionals, has partnered with Adhesion Technologies to incorporate Adhesion’s account aggregation software, called EA2 (Enhanced Account Aggregation), within PPC’s Personal Financial Center™ (PFC). The combined solution will provide clients of CPAs and other financial advisers with a complete picture of their personal financial balance sheet. Adhesion’s EA2 software collects both asset and liability information, including balances, transactions, and holdings detail from an individual’s banking and investment accounts, as well as balances and transactions from credit cards, mortgages and other consumer loans. EA2’s proprietary data normalization engine ensures that the collected financial data is of the highest possible accuracy so as to be usable by both the PFC tools and the advisor. It is now available to PFC subscribers for $249 per firm location plus $1.95 per client per month.
PPC unveiled the Personal Financial Center™ in Fall 2001. The PFC is a web-based financial planning platform designed to enable accountants and financial planners to collaborate with their clients using the Internet. It offers the unique combination of PPC’s respected engagementguidance, together with powerful online financial planning software applications for professional advisers, and consumer-oriented software and content for the client. Clients can go directly to the adviser’s website to access the Personal Financial Center, which increases the value of the adviser’s website to firm clients and helps the firm compete against financial institutions or Internet competitors.
"EA2 stands alone in the industry as the only account aggregation software solution that can fully and seamlessly integrate into a client’s new and existing online services and deliver truly usable financial account data," according to Todd Johnson, President and CEO of Adhesion.
"We chose Adhesion’s EA2 software because of its focus on using aggregation as a means to enhance adviser relationships with clients. This software and financial data will create unprecedented workflow solutions for advisers and their clients," said Ken Koskay, CPA, CFP, Director of Business Development for PPC.
For more information about PPC’s Personal Financial Center™, call 800-323-8724, option 6 and ask for a "Personal Financial Center™" specialist or visit www.ppcadviser.com/demo for a demonstration of the product. For more information about Adhesion’s EA2, visit www.adhesiontechnologies.com.
Texas-based PPC is a leading national provider of information, workflow solutions, engagement
guidance and practice aids for accountants, auditors, tax professionals and financial advisers, and provides electronic and print resources to nearly 100,000 professionals in the U.S. For more information on PPC, visit www.ppcnet.com.
PPC is a business unit of Thomson Tax & Accounting (TTA). TTA also includes Creative Solutions (CSI); RIA; and Fast-Tax Trust Services and is part of Thomson Legal & Regulatory (TLR). Thomson Legal & Regulatory (www.tlrg.com) provides e-information and solutions to legal, tax, accounting, intellectual property, compliance and business professionals around the world. With US$2.6 billion in 2000 revenues and 17,000 employees, Thomson Legal & Regulatory has strong market positions in North America, Europe, Asia Pacific and Latin America. Thomson Legal & Regulatory is the largest market group within The Thomson Corporation (TSE: TOC), a global e-information and solutions company serving the business and professional market place.
Adhesion Technologies delivers comprehensive on-premises and hosted aggregation solutions to the financial services industry, including several of the top banks in the country. Adhesion’s EA2 (Enhanced Account Aggregation) solution allows financial services providers to fully own and control their confidential customer data and to integrate that data with wealth management tools to generate a return on their technology investment. Adhesion Technologies is headquartered in Charlotte, N.C., with offices in Silicon Valley, San Diego, and London, England. For more information about Adhesion Technologies and Adhesion’s EA2, visit www.adhesiontechnologies.com.