Skip to main content
Form CRS | Client Logins | Contact | (830) 609-6986
Christian Financial Advisors logo
Articles › Personal Financial Website Update
June 11, 2018

Personal Financial Website Update

client website update

As you know, the security of client data is our top priority. And as part of our commitment to ensuring information is protected in today’s changing security landscape, we’re planning to make a few gradual changes to our clients’ Personal Financial Websites over time.

Here’s what you need to know:

  • The Connections on Personal Financial Websites currently aggregate data in two ways – either via APIs or a method known as “screen scraping.”
  • Our industry has identified that API-based aggregation is the most effective and secure because it gives our clients greater control of their financial account data.
  • Though our technology safely screen scrapes information today, we plan to fully transition to API-based aggregation in the future.
  • Users will likely eventually be required to allow their Personal Financial Website to access their data directly from their financial institution, rather than sharing log-in credentials.
  • This transition means no more broken Connections, ultimately enhancing our clients’ experience!

 

Check out our Guide to Data Aggregation for more information.

While nothing is changing immediately, we wanted to make sure you were aware in advance to ensure you’re prepared to make a few small changes in the future.

More to come on this in the coming months. Give us a call if you have any questions in the meantime 830-609-6986.

The views expressed represent the opinion of Christian Financial Advisors®. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and nonproprietary sources that have not been independently verified for accuracy or completeness. While Christian Financial Advisors® believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Past performance is not indicative of future results. For any discussion of equity securities: Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. For any discussion of taxes: Christian Financial Advisors® does not provide tax advice and encourages you to seek guidance from a tax professional.