Data Aggregators Connect for K Industry Feeds

August 12, 2002 (PLANSPONSOR.com) - Plan sponsors and providers may have a new option for getting aggregated industry data as a result of a newly announced technology partnership.

Business Logic, a financial services program developer, and Yodlee, a data aggregator, said in an announcement that Business Logic will give Yodlee data feeds to more than 10 million 401(k) accounts

The partnership should reduce the impact of the K plan provider’s infrastructure by providing a more technically efficient way to send Yodlee data, the companies said.

Clients will also have numerous direct data connectivity options including Business Logic’s Net-Finance Link software, Yodlee’s YML protocol, OFX, as well as other feeds the provider may have already created.

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