Asset gathering made easier

New software examines patterns and modeling activities across a broker-dealer’s book of business.
OCT 10, 2008
By  Bloomberg
Market data coming to a mobile device near you There’s a war going on between two companies to get market data into your hands — literally. The companies, one based in the U.K. and the other in Vancouver, British Columbia, are aiming to take on the stateside market data hegemony of Thomson Reuters and Bloomberg LP, both of New York. London-based Blue Systems Inc. and Stockgroup Information Systems Inc. of Vancouver have recently introduced market data services for use on mobile devices. Both products are available for the BlackBerry. The product, from Blue Systems, called Blue Mobile, will also run on Windows Mobile and some Nokia smart phones. Blue Mobile (starting at $9.95 per month) and Blue Mobile Pro ($19.95 per month) and Stockstream Mobile ($19.95 per month) and Stockstream Mobile Pro ($49.95) each offer streaming news, stock quotes and other data. Streaming news on Blue Mobile is provided from Dow Jones Business News and StockStream’s news originates from Reuters. Blue has a deal with AT&T Inc. in Dallas and Sprint Nextel Corp. in Overland Park Kan. For more information, visit Blue Systems and Stockhouse Inc. Asset gathering made easier National Financial Services LLC of Boston has announced its latest partnership with San Francisco-based Success Metrics. Success Metrics produces software that helps broker-dealers and their brokers improve sales. “Broker-dealers are operating in an extremely tough and volatile environment, and many are being challenged to look for ways to grow while not adding a lot of infrastructure and expense,” Bobbi Masiello, senior vice president of new-business development for National Financial, said in a statement. The software examines patterns and modeling activities across a broker-dealer’s book of business. For instance, the application could examine the current investors between 50 and 60 who have investible assets in excess of $500,000. It would then identify what type of products they are invested in and the broker can in turn compare this to his or her own clients and identify potential cross-sell opportunities. For more information, visit National Financial online. Tech for the silver-haired set For the first time, the world’s largest consumer electronics show will have a special place just for baby boomers (and yes, I know that all baby boomers haven’t yet gone silver or gray). In an effort to showcase the burgeoning technology market aimed at boomers, the Consumer Electronics Association of Arlington, Va., announced this week that it will hold the first annual Silvers Summit Exhibition and Conference. "Despite conventional wisdom that keeps manufacturers focused on the young consumer, the boomer generation is equally interested in electronics," Susan Ayers Walker, co-founder of the event, said in a statement. Organizers promise that attendees will see the latest high-tech gadgets, brain games, consumer medical technology and media that keep "silvers" engaged, entertained, connected and healthy. The one-day summit will be held as part of the 2009 International Consumer Electronics Show, scheduled for Jan. 10 in Las Vegas. For more information visit the SilversSummit and 2009 International CES websites.

Latest News

Indie $8B RIA adds further leadership talent amid growth drive
Indie $8B RIA adds further leadership talent amid growth drive

Executives from LPL Financial, Cresset Partners hired for key roles.

Stock volatility remained low despite risk events
Stock volatility remained low despite risk events

Geopolitical tension has been managed well by the markets.

Fed minutes to provide signals on rate cuts
Fed minutes to provide signals on rate cuts

December cut is still a possiblity.

Trump's tariff talk roils markets, political leaders
Trump's tariff talk roils markets, political leaders

Canada, China among nations to react to president-elect's comments.

Ken Leech formally charged by SEC, US Attorney's Office
Ken Leech formally charged by SEC, US Attorney's Office

For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound