InvestmentLink announces first data grant recipient
Software company, Harmonee, is now accessing financial investment funds data at no cost, after being presented with an inaugural InvestmentLink grant designed to support emerging Australian fintech players.
Harmonee recently began the 18 month no cost period on access to direct feeds of financial account and investment, and will use the advantage to build a new solutions platform for advisers. Harmonee founder, Damien Burns, said: "Data feeds are vital for us to deliver our solutions. Not only will we be able to offer real-time reporting to clients, data feeds will save us and our client's time and money, and reduce compliance risks significantly".
"We are very excited about the opportunity to gain access to InvestmentLink's valuable data source."
The InvestmentLink grant is being made available to local fintech start-ups and provides access to more than 600 data feeds and 500 live accounts. InvestmentLink chief technology officer, Wayne Robinson, said that the company was looking to roll out the offering across the Australian market, with around 12,000 planners and 200 dealer groups already regular users of InvestmentLink data.
AUTHOR
Hope William-Smith
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