A Game Changer

Written by Andrew Gluck, Financial Advisor Magazine Tuesday, 04 January 2011

In what could become a powerful factor influencing technology development for RIAs in 2011, TD Ameritrade Institutional is opening its custodial data to technology vendors.

TDAI has released an application programming interface (API) for its custodial services, giving access of TDAI’s back-office data to technology vendors supporting RIAs. TDAI thus becomes the first of the four major custodial firms to open access to its custodial system to tech vendors by using an API. Read More..