StatementOne

Statement.One operates as a financial technology firm specializing in providing a comprehensive API for the wealth management sector. The company's core offering is a data aggregation platform that enables financial institutions, wealth managers, and fintech developers to access consolidated investment data from various sources through a single, secure connection. This service is designed to streamline the process for clients who need a holistic view of their customers' assets, which may be spread across multiple accounts like 401(k)s, IRAs, and brokerage accounts.

The business model is centered on providing business-to-business (B2B) services, functioning as a crucial link between financial data holders and applications that consume this data. Clients, such as wealth and investment managers, leverage the Statement.One API to power their own applications and digital tools, enhancing the digital experience for their end-users—typically high-net-worth individuals. By offering a unified data feed, the company helps its clients to build platforms for tailored financial advice, portfolio analysis, and asset monitoring without the complexities of integrating with numerous individual financial institutions. Revenue is likely generated through a subscription-based or usage-based fee for API access, a common model for SaaS and platform-as-a-service (PaaS) companies in the financial technology space.

The platform's primary benefit is the simplification of data access and the enhancement of data quality. It processes and enriches raw financial data, providing standardized outputs that can include account types, security symbols, current prices, market values, and transaction details. This allows developers to focus on creating value-added services for investors rather than on the underlying data infrastructure. The service emphasizes security and consumer-permissioned access, ensuring that end-users have control over how their financial information is shared.

Keywords: wealth management API, financial data aggregation, investment data API, open banking for investments, portfolio data, fintech infrastructure, B2B financial technology, asset aggregation, brokerage API, 401(k) data access, IRA data aggregation, investment account connectivity, financial data platform, wealthtech, digital wealth solutions, secure financial data, investment tracking API, financial application development, portfolio analysis tools, consolidated asset view