In late 2006, Pretoria-based Dynamic Wealth Stockbrokers, a member firm of the JSE, changed their fundamental software over to MCI's fully integrated product suite of TradeCIS, PortCIS and NetCIS.
Earlier this year, Dynamic Wealth adopted MCI's integrated mobile trading solution that fully integrates with their online share trading platform (NetCIS). This means that their clients now have access to virtually all the features of online share trading bundled in a specially designed and secure mobile application.
This mobile application allows users to view up-to-date portfolios and watch-lists as well as the ability to place and cancel orders. In addition, a view of historic orders is also available.
“The major benefit of this mobile application, called Dynamic CellTrade, is that it is fully integrated with our online platform,” commented Darryl Erasmus of Dynamic Wealth Stockbrokers. “Thus, for example, any changes made via a CellTrade would pull through to our Web site and vice versa.”
“We believe that our exploitation of this software also gives us a differentiator in the market,” continued Erasmus. “We continue to work closely with MCI to identify new developments that are appropriate to our areas of operation.”
The MCI mobile application is a secure java-based application, which runs on most MIDP 2.0 java-enabled devices. All data transfer is secured through the use of HTTPS in conjunction with a SSL Certificate, and in addition, no information is ever stored on the device.
Dynamic Wealth Stockbrokers has been a member firm of the JSE since 1971 and their key focus is on share trading on the JSE. Dynamic Wealth Stockbrokers has an energetic, seasoned and diverse team of private client account managers. They construct and operate more aggressive portfolios, taking advantage of short-term market fluctuations. This form of trading is service driven. The account managers are continually available for the latest market information and advice.
They are attuned to investment opportunities, enabling them to conduct informed share trading.
Dynamic Wealth Stockbrokers believes that everyone in South Africa should have an equal opportunity to participate in the financial markets and therefore no minimum amount is required.
MCI Consultants is a well established developer of software for the financial services market and was the first South African development partner to be appointed by BlackBerry for the financial services market.
TradeCIS, a trading system, was designed according to the JSE/LSE specification and incorporates the relevant JSE rules and legislation. This was specifically done to ensure that users not familiar with, or aware of, the rules and regulations of the JSE, are unable to enter illegal orders. The system can be used in standalone mode or integrated with PortCIS and/or NetCIS.
PortCIS, a Portfolio Management Information System, was developed to assist portfolio managers in managing their accounts. The system can be used in standalone mode or integrated with TradeCIS and/or NetCIS.
NetCIS is a Web-based system that allows clients to access market research and data, the facility to view their portfolio's and account information online and the facility to buy and sell shares.
For further information, please contact Aliki Droussiotis, MCI: tel 011 454-3420, fax 011 454-3417, e-mail aliki@mci.co.za.
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