How they describe themselves: Ninth Wave provides financial institutions with secure, simplified data connectivity to external apps and software solutions. Our platform seamlessly and safely shares consumer-permissioned data with aggregators, as well as personal financial management and wellness apps, business accounting and ERP solutions, tax prep software, investment and wealth management tools, and more. With Ninth Wave, financial institutions can enable their customers to access timely, trusted financial data- at any time, through whatever app they choose.
How they describe their product/innovation: The Ninth Wave Platform is an out-of-the-box solution that serves as a single, secure gatekeeper for all external data-sharing traffic. It dramatically simplifies connectivity: a single connection to Ninth Wave allows FIs to enable a growing list of “must have” apps and third-party solutions for their customers. This eliminates the time and cost required for internal IT teams to build and maintain connections, and provides a clear path to eliminate screen scraping and its inherent security risks.
Product distribution strategy: Direct to Business (B2B)