Brighton, England (PRWEB UK) 16 February 2012
Software startup Vidivici has launched a unique new online service (vidivici.com) which helps people make their own investment decisions and maximize their expected returns.
Vidivici pools its users’ views on the market, then analyzes this information to find the best trades for each individual investor, tailored around their own views, risk appetite and holdings.
“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.”
Although straightforward enough for anyone to use, the service has some powerful analytics under the hood. “For each user,” Mabbitt explained “we evaluate the impact of thousands of sets of potential trades, using evolutionary algorithms to home in on the ‘fittest’ solution – that is, the trades that give you the greatest expected 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.”
The service is currently at beta stage and Vidivici is inviting people to sign up and give their feedback. “We’re already working on a series of enhancements which we’ll be delivering over the next few weeks, focusing on giving users maximum transparency, and on broadening our coverage to international stocks and other investment types,” said Mabbitt. “We’re really excited to hear from our first users – sign up now and tell us what you think!”
Vidivici was founded with the mission of introducing a new level of transparency to wealth management, enabling people to make their own investment decisions with confidence. Vidivici’s investment search engine is the first of its kind in the world, able to leverage the opinions of its users to generate tailored, actionable trade suggestions. Vidivici is a private company backed by institutional investors. The Vidivici search engine is patent pending worldwide. Vidivici is authorised and regulated by the Financial Services Authority (FSA).
For more information visit vidivici.com.
“Expected return” in the context it’s used here means the future rate of return a user can expect to see on their portfolio given their own views and the views of the community.
+44 7845 586206