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iPhone enterprise gold rush hits investment firms
News latest comes from Lab49, which today announced it has begun developing applications for the device for the financial services industries, focused on buyers and sellers within those markets. The company confirmed it has seen "sizable and growing demand" for developing financial applications on the iPhone, and notes that hedge funds seem to be adopting Apple technology fastest of all within the sector. If, like me, you aren't in these industries, then what kinds of implementations are being discussed? Simple: applications include: real-time information and data visualization; mobile workflow management; and monitoring and management of real-time trading applications and high-performance infrastructures.
First fruit of the new development wave is "Lab49 Capital", an iPhone application that shows real-time portfolio management on the device. It's nice because it helps portfolio managers track the performance of their assets in real time, and "slice and dice" positions, P&L and changes in the portfolio across multiple dimensions such as strategy, industry, country and manager.
We've come a long way from Gordon Gekko's phone haven't we?
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