Introduction to Financial Compass

Create a clear and structured overview of your end customers financial situation.

This report is appropriate for B2B and B2C use cases.

What it solves

Financial Compass enables a clear and structured view of an end user’s financial situation directly within a client’s application.

End users often lack a transparent overview of their income, expenses, and account balances across multiple accounts. At the same time, financial service providers need reliable, standardized insights to deliver meaningful features such as budgeting support, financial health indicators, or personalized recommendations.

Financial Compass addresses this challenge by transforming account and transaction data into easy-to-consume financial overviews.

This allows clients to embed clear financial insights into their applications, support informed decision-making, and enhance user engagement with data-driven financial transparency.ed decision to be made and saves time.

Financial Compass

Financial Compass provides following overviews for end users based on their connected account data.

• Income and spending overview
  For a defined period and selected accounts, Financial Compass calculates total income, total spending, and the resulting available amount. This creates a compact summary of the user’s financial activity.

• Spending by category
  All negative (spending) transactions within a defined period are grouped by label or category. Transactions without a matching label are automatically grouped under “Other Spending.”

• Account balance development
  For selected accounts, Financial Compass provides the current balance as of the reporting date as well as month-end balances for the defined period (e.g., the last five months). This enables a structured view of balance trends over time.