Financial services group STANLIB on Tuesday unveiled "STANLIB Mobile", an application which enables all clients and intermediaries to view their full investment portfolio on their mobile phone.
STANLIB said intermediaries and investors will be able to view client statements, check investment balances, as well as view asset allocation and fund allocations via their mobile phone.
In addition, an intermediary will be able to email a client their statements direct from their mobile phone.
"The majority of intermediaries serve their clients out of the office and are mobile workers."
"The STANLIB Mobile solution will now offer the intermediary the opportunity to discuss their client's investment portfolio by simply using their cellphone, something they never leave home without," said Anthony Katakuzinos, retail chief operating officer at STANLIB.
"While some industry players do offer clients and intermediaries the opportunity to view their share portfolio online, this is the first time that STANLIB clients and intermediaries will be able to view their investment portfolio via a mobile platform," Katakuzinos added.
Users, who have registered through the STANLIB Online secure website, will be able to use the mobile service 24 hours a day.
The new service is accessible on web-enabled mobile devices such as the iPhone, Blackberry, Nokia and most other handsets.
"STANLIB Online and STANLIB Mobile provide our intermediaries and investors real-time information about their client's investments and empower them with the necessary information to assist their clients with their financial progression," Katakuzinos concluded. - I-Net Bridge