RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Fidelity Investments launches its API-forward 'open architecture digital store' as big RIAs demand help fine-tuning client service -- with Schwab likely on deck

The Boston giant's push is more about RIA self-help than the third-party integrations TD Ameritrade makes hay with but now Schwab Advisor Services may be pushed to respond.

Author Brooke Southall October 17, 2018 at 3:24 AM
1 Comment
no description available
Tricia Haskins: As they got bigger they used technology more for efficiency and scale [of their practices.] Now it's more about client experience.

RIA Custodians

|

Technology


Peter Giza

Peter Giza

October 17, 2018 — 8:37 PM
Brooke, If I am reading this correctly Fidelity is opening its open API infrastructure to firms other than vetted third party vendors. Having been through the vetting process with TD in the early days of their VEO API launch, I can say it was and probably is rigorous. I guess my first question is what is Fidelity's vetting process? APIs are great but the more entities accessing the broader your security surface area. Security and performance concerns aside, I think this is a great move on Fidelity's part. It opens the way for fiduciary firms to advance their technology footprint in ways they only dreamed of but couldn't accomplish. The number of vendors and firms that are jumping on the open API bandwagon is mind boggling. This trend certainly can't hurt technology and development consultants either ;-) Pete Pete Giza | Spitbrook Associates

Related Moves

March 13, 2020 at 10:36 PM

Jeff Mello is latest to join eMoney's talent exodus but CEO Ed O'Brien says it's healthy renewal at a firm that added several hundred people since Fidelity bought it

The ex-Goldman Sachs director of strategy and planning at eMoney joins a growing list of departures exacerbated, sources say, by Fidelity putting a wobbly performance reporting software project -- and staff -- on its plate

February 28, 2020 at 11:09 PM


Mentioned in this article:

Fidelity
Asset Custodian
Top Executive: Sanjiv Mirchandani



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.