“The best traders. Now on your account. The idea is temptingly simple: Why should we make trades ourselves if we can get the best day traders on our accounts automatically?Doing away with fees such as issue surcharges, transaction costs, and management and deposit commission? Build your own portfolio of top traders and change them as often as you like – for free.”
Author: David Penn
TraitWareID from Acuity Systems Provides Authentication Solution
Next up is Acuity Systems with their demonstration of TraitWareID:
“TraitWareID simplifies and secures access to protected websites and applications by employing the user’s mobile device as a login token, eliminating the use of inconvenient and problematic usernames and passwords.
TraitWareID does this with patent-pending technology, which begins with user authentication, then binds the user’s identity to their device. TraitWareID utilizes digital identity mapping to analyze the user-created content of the authentication device.
Adding the patent-pending, user friendly, PhotoAuth image-based activation method to TraitWareID will enhance the security and user experience for transactions of all types on an end user’s device.”
Product Launched: October 2012
Biletu App Brings Event Planning and Expense Sharing to the Smartphone
With a new way to organize events and share expenses with friends, Biletu is the next company to take the stage here at FinovateEurope:
“Biletu is an all-in-one, state-of-the-art app to join together events, chat, gamification, mobile payments, and social networks in a simple way. Biletu is a new, simple way to allow users to connect and for companies to engage innovatively with targeted users.”
Five Degrees Introduces Matrix, a Web-Based Mid-Office Portal
Five Degrees is on its way to the stage right now. The company will be introducing Matrix, its banking services hub:
“Watch a fully-automated model bank with unparalleled self-service (on-boarding) that gives both customer and bank imminent insight and control in the process. Through the web-based, mid-office portal we offer the enormous potential of business benefits in terms of efficiency in adapting new businesses processes on the go.
As the market demands today, our open services hub integrates with external services like KYC checks, passport validation, PFM, etc. Come and view the fast and instant response for the next banking generation: rapid deployment, rich customer experience, instant and transparent insight for banks and clients alike.”
Product Launched: Q2 2013
QuantConnect Presents a Cloud-Powered Stock Market Simulator
Next to the stage is QuantConnect with its stock market simulator and backtesting solution:
“QuantConnect gives engineers free access to a stock market backtester with high-resolution data for designing trading algorithms. Engineers can design strategies and have them distributed to working capital.’
‘We are demonstrating our cloud-powered backtester, capable of simulating years of stock data in minutes. Users can design strategies in C# IDE, compile them online, and run them across 14 years of tick data (up to 8 TB data).”
Product Launched: February 2013
Akamai Intelligent Platform Emphasizes Reliability, Security
Representatives from Akamai Technologies are making their way to the stage in our first presentation after the noon break:
“Akamai is a leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, platform, anywhere.At the core of the company’s solutions is the Akamai Intelligent Platform, providing extensive reach, coupled with unmatched reliability, security, visibility, and expertise.
Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud.”
Financial Simplicity Announces New Portfolio Management Solution
“Financial Simplicity offers a highly efficient capability to manage large numbers of individually tailored investment portfolios (in the thousands or tens of thousands). It will ensure that clients can offer highly customized propositions to their customers, while maintaining a high degree of centralized control over access, data, and business work flows.
Using systematically programmed processing and advanced algorithmic engines, Financial Simplicity negates the need for many time-intensive workflows and workarounds to manage data effectively. Financial Simplicity’s innovations have enhanced significantly the efficiency with which relevant portfolios can be delivered to investors.”
True Office Anti-Money Laundering App Goes Mobile
“By playing the True Office / Thomson Reuters Anti-Money Laundering desktop and mobile app, financial services employees are exposed to the regulatory risks they confront and learn how to comply with anti-money
laundering laws and company policies.
The data generated from this app provides financial services institutions with compliance analytics that help identify and reduce instances of AML risk.”
VoiceTrust’s inTalk Provides Voice Authentication Solution
“inTalk provides a simple, convenient and effective solution to the call center authentication problem by recognizing the customer’s voice and using voiceprint biometrics. inTalk passively listens to the person speaking, compares the speaker’s voice to the customer’s voiceprint, and provides identity feedback to the agent.
This is all done in the background during a normal, uninterrupted conversation in any language. A green light is displayed when the customer is recognized and a red light alerts the agent when inTalk detects the presence of an imposter.”
EZBOB Brings Real Time Financing Options to E-Tailers
“EZBOB uses a range of online data sources to analyze e-commerce businesses instantly.In less than 10 minutes, the system will:
- Guide the seller through a simple, secure, quick, and seamless online application process
- Assess the seller’s eligibility using our proprietary internal credit scoring system
- Verify seller’s historical operating performance and assess seller’s ability to service debt
- Verify seller’s identity to prevent fraud
- Provide a customized financing proposal
- Immediate transfer of funds’
EZBOB offers a customized financing proposal which is:
- unsecured (personal or director guarantee)
- short-term (3-6 months)
- up to £45,000 per seller
- cost of 2-7% per month
- clear repayment schedule without early repayment penalties
- no hidden fees and no covenants on seller’s business”
Product Launched: September 2012
PhotoPay Makes Real-Time Paper Bill Payment Mobile
![Thumbnail image for PhotoPay_logo.jpg](https://i0.wp.com/s3.amazonaws.com/finovate-archive/old/finovatewebsite/assets_c/2013/01/PhotoPay_logo-thumb-200x140-8166-thumb-200x140-8167.jpg?resize=200%2C140)
“PhotoPay and PDFpay are greatly improvingthe paper and electronic bill payment experience on mobile devices. PhotoPay uses a phone camera to extract payment data from paper bills and payment slips. PDFpay is used to extract payment data from bills and offers received electronically (in PDF, HTML, or other electronic format), allowing very simple payment without manual data entry.
Our unique smartphone technology recognizes payment slips in real-time and intelligently extracts payment data in a few seconds from paper or electronic bills. And users love it – it is much simpler and up to 10 times faster than typing payment data.”
CurrencyFair Unveils New Mobile App
After a short break, CurrencyFair is here to start off the second session of the morning here at FinovateEurope:
“With CurrencyFair’s new mobile app, it’s easy to make exchanges on the go, at the exact moment you choose. There will be a host of new features, such as the ability to set a rate alert when, for example, the rate available on CurrencyFair is better than the current market mid (interbank) rate.”