Feed Authorization Process

Overview

ByAllAccounts provides data access based on the advisor or firm's identity and privileges, ensuring that only authorized users can access sensitive information. This approach is vital for information security and effective data management.

To access data from a data provider or custodian's feed via ByAllAccounts, an advisor or firm must undergo a feed authorization process. This procedure involves ByAllAccounts provisioning access to data specifically assigned to an advisor or firm. It requires the authorization of a unique identifier, which may be embedded within the feed file(s) or included in the file name. This identifier is crucial for determining ownership of data sets within a single file or across multiple files.

Once ByAllAccounts authorizes this unique ID, our system automatically generates a digital feed password. This password, along with the unique ID, is emailed to the requesting advisor or firm. These credentials are then used in AccountView to establish and manage automated data aggregation.

After initial setup by the advisor or firm, our system will continuously aggregate all data linked to the unique ID.

Feed Authorization with ByAllAccounts

The ByAllAccounts Advisor Feed Onboarding Hub is an essential companion for advisors and firms engaging in the feed authorization process with ByAllAccounts. It helps them navigate the varied procedures across different data providers. It includes specific instructions on how to link advisor or firm accounts to the ByAllAccounts system across all supported data providers.

Frequently Asked Questions

What is required to authorize feed access?

A unique identifier established by the data provider to correlate a set of data belonging to an advisor/firm.

What is a unique identifier?

• This can be any value consisting of numbers, letters, and/or symbols used to identify ownership for a set of data.
• It must represent an entity with whom both the data provider and ByAllAccounts have a mutual relationship.
• This entity could be an advisor, firm, rep, etc. that will have the ability to view all data records associated to the unique identifier established by the data provider.
• Often, a data provider will use a Rep Code, Firm Code, CRD Number, DTCC ID but it can be any value.

Why does BAA need a unique identifier for data feeds?

BAA needs a unique identifier to correlate assigned data to the appropriate data owner. This ensures that data associated to the unique identifier will only be accessible to an authorized user.

How is a unique identifier used?

The data provider/custodian must confirm and communicate the unique identifier to both ByAllAccounts and the requesting advisor/firm. ByAllAccounts expects to receive the unique identifier, entity name (firm, advisor, rep), and the entity contact information (email address).