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!


The iPad came first. Now it all makes sense…

Until recently, I thought that the iPad was basically a scaled-up version of the iPhone, and that Apple was inspired to create a bigger brother by the iPhone’s success.

It turns out it was the other way around. A friend with senior contacts at Apple tells me that Steve Jobs has been obsessed with creating a revolutionary tablet computer for 10 years — pretty much ever since the demise of the Newton — and the iPad is the direct result of that. It was only halfway through its development that someone at Apple said “hey, if we made a really small version of that, it would be a great smartphone”. Interviews with Steve Jobs back up this version of events.

For some reason this makes a whole lot more sense to me. The iPad isn’t a beefed up iPhone — the iPhone is a cut-down iPad. Of course.

Which might explain why the iPad, as the fastest-selling consumer device in history, is currently outselling the iPhone by nearly 5:1 (see Patrick Myles’s post below).