(April 13 – 13:25 ET) – Classwave Wireless Inc. has secured a deal with Spectra Securities Software, a global supplier of financial eCommerce solutions for banks, brokerages and insurance companies. Classwave will supply Spectra with their Polyphony ASP™ wireless server solution.
Classwave’s Polyphony ASP server platform will allow Spectra to wirelessly enable its current product set. This will provide financial advisors with anywhere, anytime access to portfolio and contact management and order entry to serve investors. Spectra will distribute its financial content through wireless devices such as smartphones and Personal Digital Assistants (PDAs).
Spectra products are already on the desktops of more than 12,000 brokers and investment counsellors, says the company. Access to portfolio positions, market data and the ability to execute orders through wireless devices will give advisors a competitive advantage, says Spectra in a press release.
Meanwhile, Star Data Systems and Classwave Wireless have established a strategic alliance that leverages Star Data’s StarQuote PRO(TM) real-time stock quotation and news services by linking market information with wireless communications providers.
“We are extremely pleased with this agreement. This alliance will enable Star Data’s customers to achieve freedom of movement by utilizing their wireless handsets to alert them to market indictors that have been predetermined through StarQuote PRO(TM),” says Paul R. Pryde, senior vice president, general manager information services, Star Data Systems Inc.
-IE Staff