HTML5 on iPad: conspiracy or cock-up?


The Register published a rather breathless report today on an alleged sneaky trick by Apple.

Apparently, with Apple’s latest release of its mobile operating system (iOS 4.3), HTML5 apps running on an iPad or iPhone run slower when “installed” on the home screen than they do in the browser.

After you open a Web page on an iPad or iPhone, Apple allows you to save a shortcut to your home screen. If the page is a Web app, the result is something virtually indistinguishable from a native app, except it’s written in HTML5, and you don’t get it through the App Store but direct from the publisher over the Web. HTML5 apps run really well on the iPad — at Caplin, we’ve already written some proof-of-concept trading apps in this way, and the functionality and performance are surprisingly good. Continue reading

Single Dealer Platforms: Native or Browser-based Mobile Apps?


Mobile services is one of the hottest places in the single dealer platform arena right now as tier 1 investment banks chase the retail banks and online brokerages by providing corporate and institutional mobile offerings.

JP Morgan kicked off the race early last year, launching an iPhone version of MorganDirect – an institutional foreign exchange and rate trading platform – and other banks have since released a wealth of research, analytics and portfolio management apps for both internal staff and external clients.

While sell-side traders might not be swapping Bloomberg terminals for a handheld devices any time soon, it seems inevitable that banks will invest in mobile technology to cater for buy-side ‘anytime & anywhere’ demand, to increase flow and offer value-add.

And as business pursues mobile pre-trade, execution and post-trade services, e-commerce managers face some rather tough questions:

Continue reading

Smartphone wars: Google wins, Apple makes a mint


Android is now the world’s most popular SmartPhone OS. It has recently overtaken Symbian, and left Apple and RIM far behind.

But guess who’s making all the money?

Despite having less than 5% of the mobile phone market, Apple makes as much profit from phone sales as the whole of the rest of the industry put together.

eCommerce Research survey – breakfast launch


Earlier today in the elegant surroundings of Rhodes 24 on the 24th floor of Tower42, Caplin and Lepus presented the findings of a survey into eCommerce in the Capital Markets.

The survey was sponsored by Caplin and conducted by Lepus at the end of last year. 30 major US, European and Asian banks took part, and typically the respondents were heads of IT or heads of eCommerce. The survey was supplemented by some in-depth one-on-one interviews.

The survey investigated the implementation of single-dealer platforms (SDPs), the reasons behind that, and whether trading volume really is moving to SDPs from multi-dealer platforms. If you’d like your own copy contact us via the Caplin website.

Continue reading

Mobile prototyping made easy.


Many banks are considering adding mobile services to their Single Dealer Platforms – and most are having the same sort of technology debates on the merits of Android, RMI, IOS and WP7. Few have launched mobile trading platforms in the institutional or corporate spaces, perhaps due to compliance concerns, ROI worries and budgetary restrictions.

But talks are intensifying, budgets are under review and early adopters like Citi, JP Morgan and Credit Suisse have recently launched institutional offerings. Over the last couple of weeks many banks have asked us about launching mobile app prototypes. Continue reading

Useful posts on tablet computing in banking…


Here and here.

No question that the iPad is now being taken very seriously in the capital markets. Question is, where will it work best? Internally, to keep an eye on positions and markets? As a sales tool? As a client information channel, delivering research and market data? As a trading channel?

We’ll find out soon enough.

HP launches iPad competitor for corporates


Called the Slate 500, running Windows 7. See it in action.

Not convinced.

iPhone FX trading apps come thick and fast…


There are hundreds of retail stock-trading apps for the iPhone, but recently there has been a spate of institutional FX offerings from the major banks.

One of the first to venture into this area was Citi, with the CitiFX Pro Mobile extension to its Caplin-powered Velocity e-trading platform.

Then JPMorgan announced its MDPro FX trading app.

Now Crédit Suisse weighs in with the Merlin offering.

I wonder how much flow they’re all getting?

HTML5 on the iPad — magic


We recently carried out some interesting UX design and built a quick POC for one of the world’s largest banks. The concept was a forward-looking cross-asset online offering merging research, analysis and execution, with some clever workflow.

We delivered a fully working HTML5-compatible web app to the client – not bad for just 3 weeks’ work, including UX analysis and design. The bank seemed very pleased with it, and is currently demoing it widely to internal stakeholders.

What took us by surprise was their casual disclosure that they were doing most of the demos on an iPad.

We hadn’t designed the app for an iPad, and hadn’t even tested it on one. But thanks to the wonder of HTML5 (and our Web framework!) it just worked.

Try that in Flash or Silverlight 😉

Not too little, but probably too late?


So, it seems that Microsoft have finally ‘got’ the mobile platform if the attendance of Steve Ballmer and initial reactions to the Windows Mobile 7 launch are anything to go by. They’ve finally stopped trying to downsize windows and really understood the user paradigm of a mobile device.

So why didn’t I mention Windows Mobile 7 in my recent rise of mobile devices blog post?

Well it’s simple really: They’re just too late to the game. They currently only have a 5% share of the smart phone market and their unit sales share dropped by a third from 2009 to 2010 (both according to Gartner in May 2010). They are also up against a huge wave of adoption of iPhone and Android. Given this, despite their slick new platform (for which all apps will have to be rewritten), they are highly unlikely to be adopted or widely supported in the enterprise any time soon.

That’s not to say they won’t find a good niche to fill. But I don’t think that niche is going to be in Single Dealer Platforms!