Morgan Stanley, which manages over $2 trillion in client assets, entered into the agreement for both Yodlee data aggregation and digital applications and Envestnet data reconciliation. Envestnet|Yodlee said it would aggregate, cleanse and reconcile data using the latest machine learning technologies and innovative applications.

“Envestnet and Yodlee are proud to announce Morgan Stanley as a new client, demonstrating our combined organization's growing success selling more comprehensive solutions to large, sophisticated financial institutions," said Anil Arora, chief executive of Envestnet|Yodlee.

“We are obviously thrilled with this partnership and look forward to building value for Morgan Stanley's advisors and clients with our combined market leading technology.”