9Spokes, a leading global data platform, proudly announces its membership in the Financial Data Exchange (FDX). This strategic move reinforces 9Spokes’ dedication to advancing secure and seamless access to financial data, aligning with FDX’s mission to standardize secure data sharing across the financial services industry.
“At 9Spokes, our goal is to empower businesses with the data-driven insights they need to thrive,” said Kevin Phalen, Executive Chair at 9Spokes. “Joining FDX allows us to collaborate with industry leaders to create a unified standard for secure financial data access. This is especially important for small and medium-sized businesses (SMBs) who rely on accurate, accessible data to make informed decisions and seize new opportunities.”
FDX’s standardized framework is set to make a lasting impact on the financial ecosystem by enabling secure, permissioned access to a wide range of financial data. This will empower both consumers and businesses, enhancing their ability to control and utilize their financial information in meaningful ways. This initiative is deeply connected to the principles of open banking and open finance, which focus on delivering personalized services, improving customer experiences, and bolstering data security.
“We’re thrilled to welcome 9Spokes to the FDX community,” said Don Cardinal, Managing Director at FDX. “Their experience in data aggregation and commitment to secure data access aligns perfectly with our mission to foster a more transparent and secure financial landscape. Together, we’re working towards a future where businesses and consumers have greater control over their financial data and, ultimately, their financial futures.”
Open finance and open banking are transformative forces, enabling SMBs and consumers alike to leverage their own data for their benefit—whether that’s streamlining operations, accessing better financing options, or making smarter decisions that drive long-term success. As part of FDX, 9Spokes is excited to contribute to this collective effort and help shape a more secure, inclusive financial future.