IMPORTANT: Morningstar ByAllAccounts Open Banking API Migration
Orion’s account aggregation partner, Morningstar ByAllAccounts, is upgrading its systems to embrace the benefits of "Open Banking" - a more secure way to give advisors access to their clients’ financial data.
ByAllAccounts recently completed migrations for the institutions listed below. This migration will require advisors and/or their clients to re-authorize access to the data leveraging the new Open Banking connection.
- Allianz, Bank of America, Chase, Schwab, Wells Fargo, U.S. Bank, Empower, Fidelity, PNC, Voya, Transamerica
ACTION NEEDED:
Users with ByAll accounts at the institutions listed above will need to reauthenticate their credentials and consent to aggregation. You may also add new accounts for aggregation. To assist you, ByAllAccounts has provided step by step guides for advisors and consumers/clients/investors.