IIS, AFA and Pyxis to deliver mobile applications for hedge funds
04 December 2007 | 1448 views | 0
Source: International Information Systems
International Information Systems Group (IIS) announces today its partnership with Advanced Financial Applications (AFA) and Pyxis Mobile, Inc. to provide mobile applications to the financial services community.
As a network solutions provider, IIS will offer smaller financial organizations and hedge fund managers the ability to view information on the IMPACT Pro Mobile application. The system provides a broad array of data including: P&L, portfolios, positions and percent changes; order status, and transaction summary, ticket details, and order reports; watch lists in all symbols users are following; and status of allocations such as average price and funds allocated.
"Previously, smaller firms and individual traders did not have access to the mobile financial technology that larger firms could afford," stated Anthony Jett, president of IIS. "Access to information 'on-the-go' was simply cost prohibitive for many of these firms until IMPACT Pro. This product lets traders view financial data on a mobile device, allowing them mobility and access whenever they are away from their desktop."
IMPACT Pro Mobile is a broker-neutral platform in which users connect directly to 35 Broker Dealers on AFA's network and 15 prime brokers. It is fully hosted and maintained by IIS, which makes installation simple, minimizes disruption to a client's business and saves technology costs. Having an integrated solution allows users to achieve trading and processing efficiencies with best practice through compliance tools that offer increased transparency.
IIS is providing this mobile technology offering to the financial services community under its iOfficeHQ solutions.