GENEVA, Switzerland, Feb. 14 /PRNewswire/ -- FirstQuote Inc. (OTC Bulletin Board: FSQT - news) , a European provider of B2B real-time investor data and Internet brokerage solutions, formalised its focus on Web and wireless solutions by announcing the creation of its new business unit, FirstQuote.net. FirstQuote.net complements the FirstQuote Professional division; offering sophisticated client-server application front-ends and the FirstQuote Network Solutions division offering high-quality enterprise Internet connectivity.
FirstQuote.net is a component-based service offering from FirstQuote, that provides businesses in the finance sector with a rich array of browser-based investor content combined with ease-of-use. The browser-based application components allow real-time customer interaction for finance, content management and trade lifecycle support. The offering provides banks and brokerage institutions with the capability to provide their clients with multiple touch points to access market data, news, analyses, brokerage reports, fundamentals, portfolio, market risk, trade and order management services, to any one of a number of desktop or wireless devices. As the applications are component-based, fully customised solutions can be rapidly created for the end-user, greatly enhancing the one-to-one relationship with the user.
By 2001, the Internet will interconnect more than 1.3 million companies and by 2002 the total value of goods and services traded among these companies will reach US$ 323 billion according to Forrester Research. Neil Gibbons, CEO of FirstQuote confirms, `` Industry analysts forecast that growth in the B2B sector in Europe alone will be worth EURO 300 billion by 2003. FirstQuote.net is uniquely positioned, as an ASP (Application Service Provider) and CSP (Content Service Provider), to offer a complete turnkey solution to businesses seeking a finance-based offering with transactional functionality. Our component-based solutions enable these businesses to achieve speed-to-market and superior one-to-one service capabilities for their clients.''