Stockgroup Information Systems Inc. (OTCBB: SWEB, TSX-V: SWB) today announced the official roll out of its new streaming real-time portfolio management application, called StockStreamâ¢. StockStream is a one-of-its-kind streaming portfolio management application that allows users to view their favourite online content while monitoring their stocks, and collaborate with their advisors in real-time.
StockStream is a subscription product and a licensed product for finance-related websites, particularly those of financial institutions.
StockStream empowers savvy investors with the ability to read news, research, blogs and other subscribed content alongside streaming real-time quotes and charts. It uses RSS (Really Simple Syndication) technology to incorporate
content feeds. StockStream is also the only portfolio management application that displays user-generated content on all North American stocks from the StockHouse BullBoardsâ¢, Canadaâs largest stock message board. Breaking
news, research, and the BullBoardsâ¢ provide investors with real-time insight into stock movement, helping them to react faster and make more informed trade decisions.
StockStream supports financial institution strategies to increase client retention, maximize client profitability and attract new clients. Financial institutions, particularly brokerages, can offer StockStream as an added value service to
select clients. The product utilizes Stockgroupâs unique collaboration technology platform to enable advisors and clients to explore investment strategies, deepening the advisor-client relationship and possibly resulting in more transactions. Clients will engage with the financial institutionâs brand and messages on StockStream on a daily basis.
Advisors can send new research to clients in the form of RSS feeds. By encouraging clients to consolidate their investments in StockStream, financial institutions can gain valuable customer intelligence, including client assets under management at other financial institutions and portfolio activity.
âStockStream is a pivotal product for Stockgroup,â said Marcus New, CEO and President of Stockgroup. âIt is the only portfolio management application on the market that combines near-professional tools and analytics with an unparalleled breadth of aggregated news and information, including user-generated content from online social networks. We believe that StockStream will lead the industry with this product that uniquely supports investors in managing their investments. Our mission has always been to help investors create and manage wealth.â
Stockgroup had over 500 beta users testing the product.