In today’s data-driven world, banks, fintechs, and aggregators require access to quality consumer data to drive revenue and build new business models around them. However, as most data is locked up in silos, most financial institutions struggle to maintain a competitive edge. Imagine a credit card company that relies on the consumer data to market its product. If they can get a hold of interest rates that its competitors are charging and the current account balance of the consumer, it would become easier for them to market their products better than their rivals. New York-based Ninth Wave provides a pioneering platform that supports financial institutions in their digital transformation journey by democratizing access to consumer data. “We have created a data sharing ecosystem that harmonizes data access while protecting the interest of financial institutions,” says George Anderson, CEO and Founder, Ninth Wave.
Working with financial institutions and leading fintechs for 20 years, Ninth Wave understands the ecosystem and their culture. With this knowledge, and a platform built using open banking API’s, the company ensures the secure exchange of financial data among banks, aggregators, fintechs, and other third parties. Under Anderson’s thought leadership, team Ninth Wave is providing all the players in the financial services industry a level playing field to manage their data effectively, while innovating consistently.
“Our ability to serve the entire financial services marketplace with our knowledge and functionally-rich software is the biggest differentiator for us,” says Anderson. Ninth Wave helps banks establish stronger relationships with their technology partners to provide better services to their customers. The company supports the new market entrants in the banking arena to adopt emerging technology confidently in a scalable, trusted environment.
About Ninth Wave
Ninth Wave delivers secure, seamless, and standardized data connectivity to fintechs and financial institutions of all sizes, through a single point of direct integration to a universal suite of open finance APIs. With configurable controls, visibility, and insights into all data sharing and data acquisition connections between aggregators, third-party apps, and internal applications, Ninth Wave empowers financial institutions and their customers with access and oversight to their connected apps, enabling secure data exchange in a holistic and scalable open finance ecosystem. Offering solutions for retail and commercial banks, wealth managers, credit card issuers, tax providers, and more, Ninth Wave provides unparalleled connectivity and universal compatibility to complex information systems, unlocking innovation, potential, and performance for your data. Contact us to learn more about Ninth Wave’s secure data connectivity features. Empowering open finance. At scale, at last.