eWise, the leading international provider of Personal Financial Management (PFM) and Account Aggregation solutions, announce that MoneySmart.sg will launch in the second half of 2015 an advanced Personal Financial Management tool using the eWise Money Management solution.

The MoneySmart.sg Personal Financial Management (PFM) offering will enable Singaporeans to maximise their money by providing greater insight into their spending, budgeting and cash-flow. The new PFM tool will enable users to aggregate accounts from all of their financial services providers into a private and secure Personal Data Vault, a first for Singapore.

“By offering MoneySmart.sg users new and exciting ways to engage with their finances, we aim to become a better partner and a better resource for all Singaporeans.” said Vinod Nair, CEO of MoneySmart.sg. “Enabling our users to aggregate all of their finances into a powerful Personal Financial Management tool will help them make smarter decisions about how they spend, save and invest their money.” 

MoneySmart.sg, Singapore’s number 1 personal finance website enables Singaporeans to compare and shop for financial services products including loans, insurance and credit cards. The launch of the new Personal Financial Management tool is part of the company’s strategy to drive higher consumer engagement; bringing people back to their service on a daily basis.

The eWise Money Manager solution is provided to MoneySmart as a cloud-based service and includes the eWise patented “Client-Side” account aggregation technology.

“We are excited to partner with MoneySmart.sg on this market leading initiative. For the very first time, Singaporeans will have the ability to bring all of their finances together in one place and make informed decisions about how to manage their money better.” said David Hamilton, eWise President & CEO. “Digital money management tools such as our Money Manager solution have proven to dramatically enhance consumer engagement, strengthen loyalty and increase retention. We are delighted to be bringing these advanced solutions to Singapore.”