NEW YORK--(BUSINESS WIRE)--TradeIt, an integrated application programming interface (API) platform linking investors to online brokers, is working with IBM to help developers bring portfolio and order management tools to their end users. Understanding that consumers are increasingly using apps and social networks to propel their business and manage personal finances, TradeIt’s integration into the IBM Cloud for Financial Services will allow app developers to access the best in class API solution for apps that are safe and secure for the end-user.
“APIs are the answer to the growing problem of ensuring the privacy of consumers’ financial data, particularly due to screen-scraping,” said Nathan Richardson, TradeIt Co-Founder and CEO. “Not only do APIs offer a more tailored solution where you essentially get only what you need, they create a huge potential for innovation. Our partnerships with companies like IBM and top brokers allow developers secure integration for both mobile and web platforms, in-turn giving all stakeholders the necessary peace of mind.”
TradeIt provides a simple and concise interface to join app developers and financial institutions with stakeholders’ diverse retail portfolios. Investors can initiate a trade from any given quote page or finance destinations such as Yahoo! Finance, and then be taken to their select broker screen to sign-in, view their synced account, and execute the order in a secure manner.
The IBM Cloud for Financial Services is an API marketplace that brings together FinTech and financial services institutions to rapidly build the finance apps of the future. Built on the IBM Cloud™, developers can share innovative applications, APIs, data and content on a secure, cloud platform designed for banks, financial market institutions, and insurance companies. More than 100,000 individual and enterprise developers from the financial services industry already turn to IBM monthly for insight and support.
Developers using TradeIt through IBM Cloud for Financial Services are able to use the TradingTicket and PortfolioView products to synchronize data and trading with almost all U.S. brokers, within minutes in a protected manner. Supporting all order types and asset classes, stakeholders are able to access a truly revolutionary method for online wealth management with the ability to complete multi-brokerage orders while safeguarding materially sensitive information.
For more information on TradeIt’s, please visit https://www.trade.it/.
TradeIt is an API infrastructure that links retail investors and app developers with top financial institutions. Created with a dedication to helping people stay in control and connected to their investments, our focus is on providing an intuitive, relevant and strategic platform for stakeholders to engage with all their portfolios--regardless of brokerage. By partnering with finance destinations such as Yahoo! Finance, customers are able to get a truly 360 degree approach to trading.
About IBM Watson Financial Services
IBM is working with organizations across the financial services industry to use IBM Cloud, cognitive, regtech and blockchain technology to address their business challenges. Banking, wealth management and insurance are some of the areas poised for dramatic change by using cognitive and AI capabilities provided by IBM Watson Financial Services.
For more information about IBM Watson Financial Services, visit https://www.ibm.com/watson/financial-services/.