Bendigo Bank has launched a new online share trading platform Bendigo Invest Direct (BID) as the company continues to work on improving customer service by making technology investments.
According to the bank, more than 10,000 customers have transitioned off the former legacy share trading platform and onto BID, which was built in partnership with CMC Markets Stockbroking.
Customers now have access to stock analytics, ASX unlisted managed funds, upcoming dividend distributions, live and historic company news, and live ASX announcements. There is also a mobile version of the platform, which the bank claims gives investors the ability to trade wherever and whenever.
BID project sponsor Matt Smith said initial feedback from customers has been positive.
"BID is all about confidence, providing customers with the market leading research, sophisticated analytics tools, and speed they need to execute trades as they identify opportunities," he said.
The launch comes after the bank reported during its half year 2016 financial results that technology investments it continued to make as part of its Base II Advanced Accreditation progressed well. It made enhancements to data, decision making processing, and risk and return measurements.
http://www.zdnet.com/article/bendigo-bank-invests-in-new-trading-platform-technology/
