MCI Consultants today announced that it was the company chosen by Absa Stockbrokers to undertake the development work behind phase two of the latter`s online share trading service that has recently been launched.
"With the need to redesign our Web site, we decided to look at our whole trading scenario," commented Duncan Ingram, Head of Online Share Trading at Absa Stockbrokers.
"This meant our trading platform, our online trading platform and our Portfolio Management System. It was with these three activities in mind that we evaluated the market for a suitable partner to undertake the development work for us based on the specifications, design and the Web site `look and feel` that we took the responsibility for.
"After extensive evaluations, it was MCI Consultants that provided us with the best overall package, irrespective of cost; and also provided us with an acceptable proposal for future ongoing enhancements," continued Ingram.
The new site has all the features and facilities of the old site, plus a whole lot more, yet retains its position as the lowest cost stockbroker for most deal values.
The new site provides access to news, statistics and domestic markets and a selection of charts. At a later stage, clients who use technical analysis to make decisions will have links to a charting service through the site.
In addition, there is a link to the Web site of Absa Portfolio Managers (APM), and visitors to this site will have access to APM`s monthly newsletter and top 10 share selections.
Absa Stockbrokers originally introduced online trading in August 2002 to complement the firm`s traditional, telephone-based trading service.
"I have no doubts that we made the right decision regarding our partner in this project, as MCI provided us with a professional approach at all times, have produced the results that we required and have responded appropriately to any issues that have arisen during the implementation," concluded Ingram. "We are delighted at the understanding of our business that has been shown by MCI, and look forward to working with them into the future."
The revamp of the trading site is just the beginning of an ongoing process and developments planned for the future include:
* A charting service through the site
* The offering of stop losses
* The offering of more detailed information on JSE-listed companies
For further information, please contact Aliki Droussiotis, MCI: telephone (011) 454 3420, fax (011) 454 3417, e-mail aliki@mci.co.za.
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MCI Consultants is a South African-based business information systems consulting firm specialising in providing software solutions to the business community, specifically to the financial services and personnel recruitment industries.
It offers a complete solution, which can include project management, consulting services, installation, training and support, packaged software implementations, product development including e-commerce solutions, hardware supply, installation and design services.
Its approach is to continuously provide solutions to meet clients` changing requirements. The company takes pride in delivering excellent customer service and building lasting partnerships with clients.
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