Case Study: Harvest gives wealth advisors a 360° asset view with Powens Open Finance

With Open Finance, Harvest can now give wealth management advisors and their customers a 360° view of their assets

Harvest, a software publisher for wealth management specialists and financial analysts, wanted to renew the relationship between wealth management advisors and their customers by giving them a centralized view of savings and investment products spread across multiple financial institutions. To tackle this challenge, Harvest worked with Powens and used its Open Banking/Open Finance capabilities to build MoneyPitch, a collaborative wealth management portal.

With Powens’ Bank and Wealth products, MoneyPitch aggregates bank accounts, life insurance, securities, PEA, employee savings, and retirement savings data in real time, giving customers and advisors a 360° view of assets, debt ratio, and supporting documents in one interface. The solution has been adopted by more than 900 wealth management firms and private banks, and two-thirds of users access the app at least once a week, helping Harvest improve customer engagement and loyalty while continuing to innovate with Powens.

Harvest

Delphine Asseraf

Deputy Managing Director