Is that a good idea for an investment management software?

This is a discussion on Is that a good idea for an investment management software? within the Trading Software forums, part of the Trading Tools category; I was thinking to create an investment management software that can do various things like: * backtesting technical and fundamental ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 18, 2011, 1:53pm   #1
New Member
 
rickharpon's Avatar
 
Member Since Sep 2011
Default Is that a good idea for an investment management software?

I was thinking to create an investment management software that can do various things like:

* backtesting technical and fundamental indicators over historical data:
* easily finding fundamental info for a stock (p/s, p/b, p/e...etc).
* calculating difficult quantitative measures (VaR, SABR volatility, black-derman-toy price...etc.)
* Create index of your portfolio and monitoring its price/beta and so on.
* calculate sortino ratio and other performance measures.

Basically, when I google it - I can't find about say 70% of the things that I am planning to program - so it should be logical that since something is needed and cannot be found for free - the next available option is to pay for it.
There are other problems that concern me though:
how to reach my customers? that is...what price of the software to set given that I will need to put a sufficient investment for facebook, google adwords?
If i use email marketing (well...spamming) will I ever reach someone who is interested in say sabr volaility or things like that?
should i sell it as exe or as SaS (subscription to online website...)?
will people be interested at all?


any advice? thanks!
rickharpon is offline   Reply With Quote
Old Sep 18, 2011, 2:08pm   #2
Legendary Member
 
pboyles's Avatar
 
Member Since Oct 2006
Default Re: Is that a good idea for an investment management software?

Google Tradestation (easylanguage code) and Sharescope. I think they have most of that covered.
pboyles is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Is creating professional investment software a good business idea? kevpries General Trading Chat 13 Jun 12, 2011 4:57pm
New idea for money management (position sizing). fe2008 General Trading Chat 6 May 17, 2011 7:12pm
Why that 1% rule might be a good idea... shadowninja First Steps 21 Feb 17, 2011 5:10pm
Money Management idea trendie General Trading Chat 5 Dec 14, 2010 8:24am
Are stops really a good idea? bmaber General Trading Chat 147 Dec 10, 2008 7:33am