Social media tool launched to identify best investment trades
UK-based Vidivici has launched a beta-stage version of its web-based service that uses social networking to identify risk-adjusted trades.
“Become your own fund manager” is the call from Vidivici, which points users to trades tailored to their own views, risk appetite and holdings, according to analysis of market information – which in this case is based on social networking.
“You can think of it as a kind of social networking platform, fused with a sophisticated analytical engine of the sort used by professional fund managers,” said Vidivici’s founder and CEO Jeremy Mabbitt.
“What’s unique is that, while in the past such tools have been driven by historic data, Vidivici is driven by what the market itself thinks will happen. And you don’t need a degree in financial mathematics to use it – anyone can sign up on vidivici.com free of charge and start receiving trade ideas right away.”
The recommendations that the system puts out are based on algorythms looking for trades that give the user greatest return for least risk.
“The beauty of it is that we ourselves can’t predict what investment ideas we’ll find, as the process is driven by the views of our community and is completely automated.”
Vidivici claims that its investment search engine is “the first of its kind in the world, able to leverage the opinion of its users to generate tailored, actionable trade suggestions.”
The company is authorised and regulated by the UK Financial Services Authority.
Further information is available at www.vidivici.com.