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Hemscott talks up share prices

02 July 2002  |  2848 views  |  0 "picture"

UK-based financial data portal Hemscott has launched a new telephone service to enable private and corporate investors to access real-time share prices using voice recognition technology.

The new ShareSpeak service uses voice recognition technology from the Speech Recognition Company to allow callers to check the current status of the FTSE and real-time share prices of LSE listed companies by simply speaking the name of the company required.

The service recognises all major English accents and commonly used abbreviations or nicknames of companies, such as "Marks and Sparks" for Marks and Spencer or "Spurs" for Tottenham Hotspur. If more than one company matches the caller's request, the software offers up alternatives.

Michael Grade, chairman of Hemscott, says: "This service is absolutely ideal for anyone tracking stocks and shares on the move, as well as for any time a terminal or PC is unavailable."

Calls to the service are charged at 60 pence per minute from BT landlines.

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