unofficial microsoft.public.money FAQ and A
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Complaint Department: Money 2005/6

Q) My transaction data is only available via Yodlee. Why must I store my data on the web to download transactions?

[Relevant to Money2005 (v.14) and up]

A) Only Microsoft knows why Yodlee transaction data download forces storing your account data on the MSN web servers. Some possibilities:

1) Not enough people were actually using the MSN Money access feature in previous versions to rapidly advance their plan. The plan is to wean us all from dependence on a locally installed licensed application ("Money") toward using a web based subscription service ("MSN Money") without our really noticing or caring. This helps move another large chunk of users in that direction.

2) They knew the coupling to Yodlee was going to be troublesome, and they wanted the Yodlee interface to be available to exclusive MSN Money users. So, in order to implement it once, do it in a way that they could easily keep tweaking it to get it right, and do it in a way that involved the least development for the (hopefully soon to go away) client side application software product called Money, they setup most of the Yodlee-to-Money stuff as server side Yodlee-to-MSN Money code and just hooked the existing sync with the web feature in Money to actually get the data into the client-stored file.

There's probably a third reason, but I'm just a skeptical curmudgeon and those are the only two I can think of.

No matter, if you want downloaded transaction data via Yodlee for even one account, your account data for all accounts is going to be stored on the web. As of M07, only data associated with the Yodlee accounts is stored on the web. If you don't want your account data stored on the web and Yodlee is the only mechanism for downloading transaction data from some account you want to download data for, you'll have to learn to enter transaction data the old-fashioned way. It's really not so bad.

Please see this disclaimer if you are using Money 2005 or this comment if you are using Money 2006.

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Complaint Department: Money 2005/6
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Complaint Department: Money 2005/6
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Last update: 10 December 2006

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