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WirelessDevNet.com Press Release
Blue Systems Secures Distribution Of Market Data Application Across Four Continents
London – Blue Systems, a London-based provider of global financial information software, today announced that it has secured distribution agreements with Emitac Mobile Solutions, LLC. (EMS), G.I.T.NET and Winterbotham Information Systems Limited to provide blue mobile™, its real-time market data application for smart phones, to users across four continents.
The three agreements deliver blue mobile™ to end users in the Middle East and sub Saharan African markets via its partnership with EMS; to users in Russia and the Commonwealth of Independent States (CIS) countries in Eastern Europe through GIT.NET; and to Latin America and the Caribbean via Winterbotham’s business services operation in Montevideo, Uruguay and Nassau, Bahamas.
blue mobile™ provides professional and retail investors with the fastest, smartest way to analyse global stock market information in their offices, at home, or on the move, 24/7. The application is data hungry and runs only on the latest phones. Network operators are able to increase revenue from the adoption and upgrade of data tariffs and device manufacturers have a compelling and ‘sticky’ application with which to generate smart phone sales and upgrades.
Sulim Malook, CEO of Blue Systems, said: “We are delighted to be working with EMS, GIT.NET and Winterbotham, leaders in their respective markets. We recognise the mutual benefits of partnering and the value that blue mobile™ can bring to their customers.”
Nader Henein, Solutions & Architecture Manager at EMS, Research In Motion’s first strategic channel partner, based in Dubai, said: “We know the network operators we work with across the Middle East and Africa are hungry for applications which help them sell data and BlackBerry handsets. blue mobile™ is a great application for customers who need to view financial information in real-time, providing the perfect marriage between an industry that never sleeps and a technology that is always connected. We are very confident of demand for this service, particularly because it is keenly priced and customised for the Middle East’s financial sector.”
Shainoor Khoja, Senior Vice President, Blue Systems commented: "Partnering with G.I.T.NET to offer blue mobile™ to its clients is of great value to us both. G.I.T.NET’s network operator partners will benefit from sales of mobile broadband and Windows Mobile devices and so will its customers, who will be able to view real-time financial market data on their mobiles, in their own language, and at an affordable price. We are very excited about the opportunities.”
Geoffrey Hooper, President and Managing Director, Winterbotham, said: “Winterbotham prides itself on serving its clients with the very best products and solutions sourced from the international financial services sector. The sector in Latin America is growing rapidly and, as such, our clients must ensure they have cutting-edge, global market information at their fingertips. blue mobile™ provides this assurance of quality.”
With coverage of over 100 global exchanges, blue mobile™ delivers real-time, delayed and historic data across the equities, fixed income, futures and options, currency, commodity, metals, energy and OTC markets, plus company news and financial information. Users can also benefit from intuitive analytics and charting options for informed decision-making.
The low price point of blue mobile™ packages opens up real-time financial markets to non-professional users, who can now register and download the software direct from Blue Systems’ website at www.bluesystems.info. Users can select content options to form a pre-bundled data package, including Dow Jones newswires and company financials, or tailored content from the company’s extensive catalogue of real-time data. With online facilities for exchange permissioning and payment, the website enables users to seamlessly set up, install and benefit from professional grade market data.
About blue mobile™
blue mobile™ is the first professional-grade application to be priced for the mass market. It is designed to appeal to both the financial community and the emerging retail market for financial information – investors, advisors and other professionals who depend on the financial markets and want real-time content but over a simple-to-use interface. As such, it is a ‘sticky app’ for mobile operators with end users accessing streaming data on an ‘on-demand’ basis throughout the day. Its data sets include equities, fixed income, futures and options, currency markets, company news and financial information.
About Blue Systems
Blue Systems’ software enables traders, financial services professionals and retail investors to view high quality streaming market data over mobile devices. With a highly disruptive pricing strategy, Blue Systems is the world’s first provider of low cost financial information software. Founded in 2002 by CEO Sulim Malook, Blue Systems is a privately held company that is regulated by the Financial Services Authority in the U.K. For more information, please visit: www.bluesystems.info
About EMS
Emitac Mobile Solutions, LLC. (EMS) is a Dubai based solutions and service provider and RIM's first Strategic Channel Partner. Established in early 2006, EMS is a wholly owned subsidiary of Emitac Group, which is the leading IT and technology group in the Middle East formed in the early ‘70s. It has been in the forefront of bringing the latest technologies into the region. With over 50 strategic partnerships including world-renowned companies such as HP, Philps, Microsoft and Oracle, Emitac Group is dedicated to providing end-to-end solutions to government, business, consumers and mobile operators throughout the region.
About GIT Holding
G.I.T. NET is a Telecommunication Operator with considerable and successful experience in setting up and running telecommunication projects in the Middle East, Central Asia and Africa. G.I.T. NET, as a member of MULTINET Holding, has been focusing its activity on the provision of wireless broadband internet access and cellular services on the emerging markets. The company has been executing its operations in the following countries and territories: Russia, Afghanistan, Sierra Leone, Nigeria, Somalia, Mozambique, Uganda, Vietnam, Philippines, Hong Kong, Bangladesh, and Argentina.
About Winterbotham Information Systems Limited
Winterbotham Information Systems Limited is affiliated to The Winterbotham Group of companies which has developed activities in Latin America and the Caribbean since 1991. The Winterbotham Group is comprised of financial and software service companies. The Winterbotham Trust Company Limited, incorporating The Winterbotham Merchant Bank, provides tailor made solutions in banking, corporate and fiduciary services and fund administration; ImpactItech Limited provides software solutions for the financial industry and related activities principally comprising solutions for KYC/AML/database, eBanking, remote access document storage, and accounting. The Group’s head office is in Nassau and regional headquarters are located in Montevideo.
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