Why We Use SnapTrade for Your Brokerage Connection

Written By Oscar

Last updated 17 days ago

This document explains why Orizon Analytics utilizes SnapTrade to facilitate brokerage connections and how we work to safeguard your financial data.

Security and Reliability

We partner with SnapTrade because data security is a fundamental priority. SnapTrade is a SOC 2 Type II certified platform, which indicates that their systems and processes have been audited to meet rigorous industry standards for data protection and availability.

This certification provides a verified framework for the handling of your sensitive information.

What SnapTrade Enables

SnapTrade provides a secure interface to connect your brokerage accounts, reducing the need for manual data entry. This integration allows Orizon Analytics to provide:

  • Automated Data Syncing: Your portfolio data, including positions and transactions, is updated automatically based on your brokerage's available records.

  • Consolidated Analysis: By providing unified data streams, SnapTrade enables us to deliver comprehensive portfolio analysis, dividend tracking, and performance monitoring.

  • Persistent Connections: We strive for high connection success rates to ensure your data is synced with minimal interruption.

Data Security Protocols

SnapTrade adheres to strict security procedures designed to protect your information at every stage.

  • Data Ownership: Your data belongs to you. SnapTrade only accesses your information with your permission, and you can revoke this access at any time within your Orizon Analytics account.

  • Privacy Protections: Applications utilizing SnapTrade must agree not to sell or share your data without explicit consent. This aligns with Orizon Analytics' policy to never sell your personal data. For more details, please review our Privacy Policy.

  • Encryption: All data is encrypted both at rest and in transit. Data shared between SnapTrade and Orizon Analytics is secured by TLS and authenticated with secure cryptographic signatures.

  • Secure Authentication: Whenever supported by your brokerage, SnapTrade utilizes OAuth-based authentication, which allows you to connect your account without sharing login credentials directly with the interface. In cases where OAuth is not supported, credentials are encrypted and stored using AWS Key Management Service (KMS).

Our Commitment

By utilizing SnapTrade, Orizon Analytics adheres to a high standard of security and privacy. Our goal is to provide you with data-driven insights while utilizing robust industry protections for your information.

If you have any questions or encounter any issues, please contact our support team for assistance at support@orizonanalytics.io

Compliance Disclosure: Orizon Analytics is an SEC-registered investment adviser. Brokerage connectivity tools are provided for informational and analytical purposes. While we utilize third-party partners like SnapTrade for secure data transmission, Orizon Analytics does not guarantee the absolute accuracy or timeliness of data provided by third-party financial institutions. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results.