Data aggregation and analytics platform Envestnet | Yodlee launched a Risk Insight Suite today. The collection of reporting tools are aimed to help lenders bolster information gained from traditional credit reports by leveraging consumer financial data.

Using a co-brandable experience, the reports pull information directly from a prospective borrower’s banks to offer lenders an up-to-date picture of the borrower’s assets, income, and expenses. This detailed level of account information helps lenders with underwriting, origination, pre-qualification, and account review. The system leverages machine learning, along with a risk-based engine to simplify the review process and highlight any issues that may indicate a riskier borrower.

In the press release, Terry McKeown, Practice Manager, Credit Analytics at Envestnet | Yodlee said, “By using consumer permissioned financial data, lenders can obtain a complete financial picture of a borrower. This is especially true for credit invisible consumers who have no credit file or cannot be scored with traditional models, and for subprime consumers whose transactional data can help lenders make more accurate assessments of risk.”

Along with providing more valuable metrics for the lender, the Risk Insight Suite creates a smoother user experience for the end client. Because Envestnet | Yodlee pulls all necessary information directly from the user’s bank, there is no need for the client to supply paper bank statements and tax returns.

This is similar to the company’s Mortgage Asset Verification product launched in December of last year. In comparison, that offering is exclusive to mortgage borrowers, while the Risk Insight Suite of reporting tools caters to a larger audience. Envestnet | Yodlee most recently demoed at FinovateFall 2016 and at FinDEVr Silicon Valley 2016 where Deviprasad Kocherry, director of platform and product management, and Deven Maru, senior product manager of mobile platform, presented on fast integration using the company’s APIs. Since acquiring Yodlee in August 2015 for $660 million, Envestnet | Yodlee has built out its Advisor Now solution and landed a partnership with Morgan Stanley’s wealth management arm.

Data aggregation and analytics platform Envestnet | Yodlee is reaching multiple big fintech trends this year, starting with the company’s wealth-tech solution, Advisor Now, that launched at FinovateSpring in May. Today, the California-based company has landed on another hot trend, real estate technology, with the launch of its Mortgage Asset Verification product.

The Mortgage Asset Verification solution gives U.S. lenders a report that helps them verify an applicant’s assets without requiring the consumer to supply account statements. The report, which is built around the Fair Credit Reporting Act framework, offers real time account, transaction, cash, and investment asset data sourced from the applicant’s financial institutions. It is available as a PDF or data package so that it can be shared easily with third parties. The solution can also be integrated into a lender’s existing system via API.

According to John Bird, vice president of product marketing at Envestnet | Yodlee, the Mortgage Asset Verification solution eliminates two major headaches loan officers face—a poor client experience combined with slow time to closure. In a press release, Bird said, “The Envestnet | Yodlee Mortgage Asset Verification report provides a simple, secure and highly flexible way for lenders to request and receive in-depth reports verifying a borrower’s assets.” The simplified process helps “close loans faster through more efficient processing” and “eliminates a serious pain-point for … customers during the application and underwriting process.”

Since acquiring Yodlee in August 2015 for $660 million, Envestnet | Yodlee has built out its Advisor Now solution and landed a partnership with Morgan Stanley’s wealth management arm. Envestnet | Yodlee most recently demoed at FinovateFall 2016 and at FinDEVr Silicon Valley 2016 where Deviprasad Kocherry, director of platform and product management, and Deven Maru, senior product manager of mobile platform, presented on fast integration using the company’s APIs.

In October, Envestnet | Yodlee reported the full integration of Yodlee’s technology into the Envestnet platform. A month later, the company has announced the full integration’s latest win: a partnership that will put Envestnet | Yodlee’s data aggregation, reconciliation, and digital apps at the core of Morgan Stanley’s wealth-management business.

Anil Arora, Envestnet | Yodlee CEO, cited the partnership as evidence of his company’s ability to sell “more comprehensive solutions to large sophisticated financial institutions.” Managing more than $2 trillion in client assets, Morgan Stanley will integrate digital apps and data-aggregation technology from Yodlee and data-reconciliation solutions from Envestnet. “We look forward to building value for Morgan Stanley’s advisers and clients with our combined market leading technology,” Arora said.

Katy Gibson, VP, product applications, demonstrated Envestnet | Yodlee’s dynamic intelligence technology at FinovateFall 2016.

The news from Envestnet | Yodlee comes as the company ramps up its relationships with wealth managers and financial planners. Earlier this month, CUNA Mutual Retirement Solutions announced a partnership with Envestnet | Yodlee that will help its financial plan-sponsors satisfy regulatory requirements. In October, Envestnet | Yodlee reported that it had “deepened its integration and relationship” with the National Advisors family of companies and in August, Envestnet | Yodlee announced that it would power United Capital’s FlexScore solution. And, yes, that’s the same FlexScore Finovate alum that was acquired by United Capital earlier this year.

Founded in 1999 and headquartered in Redwood City, California, Yodlee was purchased by Envestnet for $660 million in August 2015. The company demoed its Tandem PFM app at FinovateAsia 2013, earning a Best of Show trophy, and was a crowd favorite a year later at the inaugural FinDEVr developers conference in 2014. More recently, at FinovateFall2016, Envestnet | Yodlee’s Katy Gibson (pictured above) and Sam Tomushev demonstrated the company’s dynamic intelligence technology.