Drawing on Billions of Transactions,
Businesses Across 60+ Industries Can Draw Signals from Timely Data
to Make Informed Decisions
BERWYN,
Pa., Oct. 12, 2023 /PRNewswire/
-- Envestnet | Yodlee is proud to unveil SpendSignals, a
sophisticated, AI-powered solution that provides corporate and
market research professionals access to real-time consumer spending
insights and trends, as well as direct access to insights on
shopper purchasing patterns at competitors.
With SpendSignals, market research professionals and corporate
strategists can do their own no-code analysis of high quality,
enriched, de-identified data spanning sales, customer retention,
market share, customer life-time value and much more. Sourced from
Yodlee's enriched data sets encompassing 1,600+ merchants across
60+ industries and trillions of dollars in spending, direct to
consumer brands and retailers can better understand their
competitive advantages, identify gaps in the market, predict
consumer spending patterns, improve customer lifetime value,
diagnose business issues and more.
"As the competitive race intensifies to find, capture, and
retain customers, the need for robust, timely, high-quality data
has never been greater," said Farouk
Ferchichi, President of Envestnet | Yodlee. "SpendSignals is
a powerful tool to help businesses unlock opportunities and drive
growth, and we are a proud partner in enabling businesses to put
that data to good work by gaining a multi-dimensional understanding
of market dynamics and customer spending patterns."
SpendSignals empowers businesses to make informed decisions by
enabling hyper-granular merchant-specific views by location – down
to the zip code and store level along with comparing online vs
in-store sales. Access to brand health metrics and insights also
allow for the development of messaging that resonates with a
company's target audience.
For more information, please visit
https://www.yodlee.com/spendsignals.
About Envestnet
Envestnet is transforming the way financial advice is delivered
through an ecosystem of technology, solutions and intelligence. By
establishing the connections between people's daily financial
decisions and long-term financial goals, Envestnet empowers them to
make better sense of their finances and live an Intelligent
Financial Life™. With more than $5.4T in platform assets – more than 107,000
advisors, 16 of the 20 largest U.S. banks, 47 of the 50 largest
wealth management and brokerage firms, more than 500 of the largest
RIAs, and thousands of companies, depend on Envestnet technology
and services to help drive better outcomes for their businesses and
for their clients.
Envestnet refers to the family of operating subsidiaries of the
public holding company, Envestnet, Inc. (NYSE: ENV). For more
information, please visit www.envestnet.com, and follow us on
LinkedIn and X (@ENVintel).
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SOURCE Yodlee Inc.