IronOne in major expansion

IronOne Technologies unveiled a series of new developments including significant enhancements to its product offering, tie-ups with new clients, strategic collaborations and plans for expansion.

Two of the major stock broking houses in the country recently entered into agreements to adopt IronOne's instantly-deployable, industry-leading 'Atrad' Solutions Platform increasing the application's local market share to nearly 35 percent. Discussions are being held with several other broking houses that are also expected to deploy Atrad in the near future, the company said.

Alongside these developments, the groundwork has been laid for the release of the new Atrad Next Generation Online Trading Platform,when launched in September will represent enhancement of convenience to investors, IronOne's Vice President Stock Market Solutions Tiranjan Bulankulame said.

The company also launched the first version of Atrad Mobile, an application which enables investors to view their portfolios, account summaries and the performance of specific stocks on their mobile phones by creating a customised watch list and sending transaction alerts to their brokers via text messages, without the hassle of downloads.

Leveraging its international presence IronOne has also appointed agents in the UK and Canada and collaborating with Lanka Stock Connect (www.lankastockconnect.com). IronOne is also holding discussions to install several Atrad enabled terminals at a popular restaurant.

IronOne Technologies also offers products supporting margin trading and back office systems of brokerages and has a product portfolio which covers InfoSense banking' business Intelligence solution for banks, and specialised mobile technology solutions including iPhone and Blackberry device support.