Onist, a collaborative financial platform that gives families and professionals a complete picture of household net worth and cash flow, announced on Tuesday it has formed a new partnership with fintech firm Quovo to provide reliable financial data to Onist’s Canadian clients. The collaboration comes just a few weeks after Quovo announced its Canadian expansion.
According to the duo, the new Onist-Quovo partnership improves Onist’s ability to enable professionals and consumers to see their financial data from these new Canadian accounts, credit unions and investment accounts, in addition to more common bank accounts and credit cards, in one comprehensive dashboard where they can get a full picture of their clients’ or family’s net worth and cash flow. Together, Onist and Quovo are also looking to increase consumers’ access to their own disparate financial data to make better-informed decisions for their families. Speaking about the partnership, Onist CEO, Brad Kotansky, stated:
“Onist is all about helping families and their advisors collaborate around household finances – and having access to your complete, reliable Canadian financial data is key to that. We are thrilled to partner with Quovo and feel strongly that we can help bring Canadians the same financial insight Americans have had for years. There’s never been a better time for Canadian families to be able see and digest all of their important financial information in one place.”
Lowell Putnam, Co-Founder and CEO of Quovo, went on to add:
“Quovo aims to create the transparency needed for consumers and advisors to make healthier financial decisions. Onist’s commitment to giving families a complete view of their finances aligns perfectly with our mission, making the company an ideal early partner for Quovo in Canada. We look forward to providing Onist’s users and their financial advisors with the technology necessary to improve their financial health.”