We ran a very short brief in our print edition this week on the launch of Market-Q Mobile — the mobile component of Interactive Data Corp.'s desktop workstation.
In a nutshell, it ports many of the features of that desktop into a tablet-based application. The app is available now on iPad, and an Android version will be in the works — if there is sufficent demand.
I'm basically picking up where I left off in the print story with a few additional details and some screenshots to help round out the view of this nifty, attractive application.
The application was designed to be simple for firms to deploy and manage, whether it is to headquarters, branch offices or remote users. Among other things, IDC was very conscious of the need to make the application's enterprise controls as granular as possible. One example: “We spent a lot of time on developing bandwidth controls,” said Virginia Pastway, who heads up product management for the wealth management section of IDC.
This can mean a lot from a management standpoint. An IT manager in a firm will be able to set the application to poll at just about any interval, whether every 30 seconds, 15 seconds or even 1 second. If bandwidth is an issue, that means traders or other professionals can be set to have their devices or desktops poll most frequently, while less-mission-critical users can be set for least.
As with the desktop offering, the mobile application provides global, real-time data across multiple asset classes, including ETFs, mutual funds and market rates data.
As with the desktop, which was introduced a few years ago, the mobile interface is intuitive, fairly simple, provides lots of charts and charting capabilities as well as access to IDC's studies and analyst reports (if firms are subscribers to these).
And as with many of IDC's technology products, the company can provide customizations as well as an application programming interface that allows Market-Q to be integrated with other third-party applications and platforms.
I first wrote briefly about the Market-Q desktop back in 2008; in the five years, since it has grown to a user base of about 40,000.