In Brief: Fidelity Taking Yodlee Aggregation In-House

REDWOOD CITY, Calif. - Yodlee Inc. said Monday that Fidelity Investments will move its account-aggregation activities in-house with Yodlee software.

It would be the first to make such a move from Yodlee's data center to its own servers.

Yodlee, the leading provider of account aggregation, said its Enterprise software would allow Fidelity, a client since 2000, and other corporate customers to develop customized features behind their firewalls to meet their internal and external aggregation needs.

Three other companies, two of them overseas, also have licensed the Enterprise software, but Jim Taschetta, Yodlee's chief marketing officer, declined in a interview to identify them.

Yodlee serves 150 corporate clients, with nearly 3.3 million users aggregating information on some $100 billion of financial assets.

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