Vertigo Development Group Inc. said its One on One Banking software will support the Open Financial Exchange specification recently announced by Checkfree Corp., Intuit Inc., and Microsoft Corp.
Vertigo joins a long list of interactive banking technology vendors to endorse the emerging standard for financial services delivered via personal computers.
"The heart of what we do is offer financial advice," said Rob Rosen, president and chief executive officer of Vertigo. "We don't want to have to plug our software into a million different legacy and software systems."
Vertigo's software is designed to analyze an individual's financial information and recommend appropriate bank products. The OFX standard will allow Vertigo to "register" financial transactions in personal financial software like Intuit's Quicken or Microsoft's Money.