Managing stocks investment is a complex process that requires a steady approach to manage various securities, while attempting to meet a specified goal with respect to risks and returns on investment. With advancements in technology, the emergence of investment management software as a commonly used tool to manage investments comes as a no surprise.
The choice of investment management software is a careful study and analysis of characteristics the software offers. Generally speaking, there are a few threshold characteristics that should feature in the investment management software in order for it to be successful and popular among investors.
The factor that tops the list is the software’s ability to provide a wide range of assets classes and instrument types. The investor should be able to use the software as a central platform for managing all kinds of portfolio ranging from equity shares to debt instrument.
The ability to respond to client’s requirements in a matter of few clicks is probably the most sought feature in any investment management software. Investment management is a matter of seconds and the user should be able to do on screen simulation, place orders, view cash balances, and evaluate compliance status quickly and efficiently. The whole idea of moving away from manual spread sheets to automated software is the ability to work smartly and quickly.
Investment software that does not provide analytical features is of no use to investors. The software should be able to easily analyse gains, losses and the overall performance of stocks over a period of time. Similarly, it should also evaluate and benchmark a particular stock’s performance in comparison to a similar priced stock or with the overall market performance.
Another factor to consider when opting for investment software is the cost and time commitments required on the part of user. Obviously all software comes with a direct cost (its purchase price) but the most important cost is the one that is normally hidden: the cost of investor’s time required to learn and excel in the use of software. How much time does the software takes to configure, how user friendly it is and how well it can cater to personal needs of an investor are few of the many questions that each have a cost associated with it.
So, if you are in search of a best investment software that features all of the above, Stock Market Eye is the one to go for as it offers you one complete package to get a bird’s eye view of all your portfolios and allows you to spend your time investing and analyzing rather than updating manual spreadsheets.
With Stock Market Eye, you can easily accomplish, among other things, the following tasks:
So, get yourself Stock Market Eye, the best investment software and explore new heights of success in stock trading.