Ninth Wave 360° delivers Financial Data Acquisition for Wealth Managers to allow FIs to capture high-quality, complete financial views of clients to drive business development and operational needs, such as financial planning, billing, compliance, and digital user experiences.
Financial data aggregation for wealth managers is the process of collecting, normalizing, and consolidating a client’s complete financial picture across multiple custodians, institutions, and account types into a single unified view. This includes assets held directly at the firm as well as held-away accounts at outside institutions. Wealth managers rely on aggregated data to support financial planning, billing, compliance, performance reporting, and personalized client experiences. Ninth Wave 360° is purpose-built for this, combining direct custodial data feeds, API connectivity, and a data aggregation layer to deliver comprehensive financial views of clients across even the most complex portfolios.
Held-away accounts are financial accounts that a client holds at institutions other than their primary wealth manager or advisor, such as a 401(k) at a former employer, a brokerage account at another firm, or a bank account at a separate institution. Aggregating held-away accounts requires the wealth manager to collect permissioned data from those outside institutions, often through a combination of direct API connections, data aggregation services, and client-facing tools that prompt customers to link their external accounts. Ninth Wave 360° provides access to thousands of financial institutions for held-away asset collection through a multi-faceted approach to data acquisition, including a UX widget that can be embedded directly into the FI’s existing digital experience to drive client engagement and consent.
Ninth Wave 360° provides direct data connectivity to leading custodians including BNY Mellon, Pershing, State Street, Northern Trust, Charles Schwab, and Morgan Stanley. Beyond those direct custodial feeds, Ninth Wave 360° also provides API connectivity to data aggregation services, giving wealth managers access to thousands of additional financial institutions for held-away asset collection. Ninth Wave manages the custodian relationships and handles all required third-party certification processes on behalf of the financial institution.
Family office aggregation is the process of collecting and consolidating financial data across the full range of complex, multi-entity holdings that characterize ultra-high-net-worth client relationships. This typically includes investment accounts, deposit accounts, real estate assets, private equity, hedge funds, fund of funds, real assets, insurance, and accounts held across multiple custodians under different ownership structures. The complexity of family office portfolios demands a higher level of data management than standard wealth management aggregation. Ninth Wave 360° offers high-end services specifically for family offices, including ownership of custodial feeds, account and data reconciliation services, LOA management, and multi-currency support through the Ninth Wave Virtual Custodian, an FI-hosted normalized data store.
Account aggregation software is a platform that collects financial account data from multiple sources and institutions and consolidates it into a single, normalized view. For wealth managers, this means pulling together custodial data feeds, held-away account data, and client-permissioned data from outside institutions to create a complete picture of a client’s assets and liabilities. The total addressable market for personal financial management and account aggregation is approximately $11 billion, reflecting how central this capability has become to competitive wealth management. Ninth Wave 360° serves as account aggregation software for financial institutions, combining direct custodial connectivity, API-based aggregation, and a client-facing UX widget into one integrated platform that feeds downstream functions like financial planning, billing, and compliance reporting.