Stock Analytics Software ‘gaining popularity’ in Nepal

Published On: May 4, 2024 05:58 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, May 4: Stock Analytics Software (SAS), a web-app based stock market analytical platform developed by Source Code Pvt Ltd, has been reshaping the Nepali share market landscape following its launch in the market, claimed the developer.

The SAS, the first of its kind in Nepal, has been designed for brokers' clients, who can conveniently access and log in to this software directly from their respective brokers' websites. It has been utilized by brokers to enhance client engagement, delivering value through Fundamental Analysis, Technical Analysis, Company Analysis, Mutual Fund Analysis, Market Analysis, Due Balance, Auto Portfolio, Alert and Notification, and Mobile Application.

Amod Bhattarai, CEO of Source Code, said there is an overwhelming response to SAS, which reaffirms their commitment to innovation and excellence in the Nepali finance sector. “The world-class technology has empowered investors and brokers with cutting-edge technology, which has helped clients track their share portfolio, broker transactions and get real time share market information through a single platform.”

SAS introduces a comprehensive suite of features aimed at revolutionizing the trading experience of investors and brokers alike. From providing real-time updates of clients’ portfolio after purchase/sale transactions to streamline account opening processes with a 3 in 1 KYC procedure, including video verification, SAS offers a range of functions that enhance efficiency and transparency to clients on their transaction with brokers.

SAS enables effortless tracking of receivable and payable balances with respective brokers, promoting transparency and timely payments. Access to five years of financial data allows users to identify stock valuation trends for informed investment decisions, while powerful charting tools with over 100 technical indicators facilitate effective trend analysis and market forecasting.

Detailed updates on indices, broker activities, and market dynamics empower users to make strategic decisions, complemented by an AI Broker Assistant for real-time assistance and issue tracking. Timely notifications on stock price movements, portfolio updates, and new investment opportunities facilitate proactive decision-making, while a customizable stock screener tailors trading strategies to individual preferences and goals. Additionally, brokers gain access to clients’ risk profiles based on transaction history, enabling personalized service and informed decision making.

The increasing adoption of SAS signals a significant advancement in the Nepali share market, promising increased efficiency, transparency, and informed decision-making for all stakeholders. As the platform continues to gain traction, it is expected to catalyze further growth and innovation within Nepal’s financial landscape, reads a press statement issued by Source Code.

 


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