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Mobile trading and Portfolio management solution
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Posted On :
Jul-28-2011
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Article Word Count :
443
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In the hyper connected world of today, consumers are looking for solutions which leverage the power of evolving mobile ecosystem to facilitate their transactions with the bank.
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This solution suite, developed for a leading European bank, provides tremendous advantage by enabling detailed portfolio management and online trading facilities on the Mobile Devices in a secure manner. The application provides value added mobility services to bank employees as well as the consumers. The mobile work force brings in more productivity for the firm and this is enhances by this mobile trading and portfolio management solution application.
Business Challenge:
Trade execution time is vital in trading environment and the consumers are expecting to be presented with complete information even when they are on the move.
In such a competitive scenario, a mobile solution can provide them with access to the key trade support information thereby facilitating decision. This also requires a simple yet intuitive way to facilitate both online trading, portfolio management and other banking needs.
The development involved the following challenges.
1. Enabling Real-time stock quotes.
2. A Fool Proof Data Security being ensured.
3. Providing an ability for the user to customize (Options to add/knock off stocks) his/her portfolio of stocks for tracking purposes.
4. Flexibility to view the data in different chart formats.
Benefits:
The application provides the bank with a tremendous advantage, an extra edge in providing an effective service to their customers on to their mobile handset by enabling them to perform both online trading and other banking activities in a secure manner.
Software Solution:
Stock Quotes: The application allows the users to view real time stock quotes.
Portfolio: User can have his/her own portfolio in which the details of stock quotes of his/her choice can be tracked. User can add and delete the quotes to be tracked.
Account Management: Users can create user accounts, edit the preferences and delete user accounts for online trading as well as manage preferences related to trading options.
Real time charts: Charts provide the user with the trends for stocks over a period of time with option to view different types of charts.
The trade feature facilitates user to request for the 'Bid' & 'Ask' price of the selected security & enable users to view exhaustive information of selected stock.
Trade feature also provides details of the booked orders such as bid price, bid volume, ask price, ask volume. User can view the order status in which user can view the detail of the order and the current status.
Provides top 10 new headlines related to the portfolio under consideration. Perform the banking activities from the mobile handset.
All transactions secured by use of standard encryption mythologies in addition to password protection.
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Article Source :
http://www.articleseen.com/Article_Mobile trading and Portfolio management solution_69407.aspx
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Author Resource :
Endeavour provides strategic consulting and technology services with an aim to deliver end to end mobile solutions across different mobile platforms. Specializing in iphone application development, android application development, ipad application development, it can enable businesses in the manufacturing, media, print, healthcare, consumer solutio
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Keywords :
Mobile Application Development, iPhone Application Development, Android Application Development, Blackberry Application Developm,
Category :
Computers
:
Software
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