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| NEA FINANCIAL MARKETS S.A. CHOOSE FASMA TO DESIGN ITS FINANCIAL WEB SITE |
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ATHENS - 15th March 2001
A pioneer in online technical analysis of Greek financial markets, greekmarkets.com educates, enlightens and empowers individual investors by supplying accurate and timely market information using numerous interactive Web applications built on ASP.
As more and more people choose the Internet as their preferred money management tool, financial institutions face growing challenges to provide personalized services and address increased pressures on account traffic, security, membership and customer relationship management.
As the site continues to grow, ASP will continue to deliver rich functionality to Web developers. Very soon, greekmarkets.com will be implementing a new interface that dynamically integrates data from ASE.gr and real-time news and audio/video.
While greekmarkets.com produces its own proprietary market analysis, it must rely on external content providers. Intelligent Agents go out, collect content, and build it into the site automatically. Thus, developers spend their time on more valuable projects and maintenance costs shrink.
FASMA works with its customers to provide reliable complex Internet solutions including; the development of websites for financial markets, e-commerce products and Internet solutions for media companies across Romania, Greece and Cyprus.
Greekmarkets.com' proprietary technical analysis software is based on complex mathematical algorithms that draw on principles from applied mathematics, numerical analysis, and probability theorems. Although the DLLs are written in C and C++, greekmarkets.com's powerful analysis engines are accessed via Active Server Page. Mr. Tornaritis stated, "ASP allows these very powerful applications to be accessed by the masses over the Web. The ASP environment give us the flexibility of accessing the power of Java and C."
Greekmarkets.com's internal weighted indicators and direction and reads the market sentimental values from a spectrum of outside sources. Next, it analyzes the fundamentals like PE, earnings, market value and then applies a mathematical algorithm to find the price bands and computes the time/entry/exit points of a stock in any given direction. Mr. Tornaritis emphasized the point. "Our Web site designers took pain-staking detail in designing an attractive and pleasing site." ASP's unified mechanism for site maintenance frees greekmarkets.com's developers by keeping the coding to a minimum and focusing on the end-user experience.
Mr. Tornaritis continued, "We realize that users want speed and are hungry for reliable information that's always there." Greekmarkets.com optimised code development with dynamic/static content from a spectrum of data feeds using client and application variables with SQL Cached data.
Notes to Editors
Aiolos Company Background
Nea Financial Markets S.A. (nea.fm) is a Financial A.S.P. (Applications Service Provider). Through the website www.GreekMarkets.com it operates a Financial Infomediary service with principal activity quantitative financial market content for Greece across all markets. This bilingual service will soon be enhanced with transactional channels for purchasing a very wide range of financial products.
www.GreekMarkets.com is primarily targeting professional or experienced investors and will provide advanced portfolio tools, audiovisual content, key financial ratios, extensive historical analysis of data for stocks, mutual funds and bonds, real time stock quotes and unique financial calculators. The company aims to facilitate the migration of wider financial services to the needs of the New Economy and the Internet. The aforementioned features are just a fraction of the broader transactional platform that is being developed.
Coordinating this service in Greece, U.S.A., and England, Nea Financial Markets and the affiliated companies in the Group have mobilised their officers, directors, and investors into an Advisory Board of high-level resource capitalists. Our officers and collaborators come from a wide spectrum of industries with financial, ?nternet and media backgrounds and established relationships in these areas with leading companies in these fields internationally.
For more information, visit http://www.greekmarkets.com
FASMA
As Romanian pioneers of online publishing systems, Internet Financial services, e-commerce solutions and multimedia products, FASMA now also provides Web development services to its rapidly growing client list. Since it first opened for trading, FASMA, previously known as the Royal Trading House SRL, has been at the forefront of evolving strategies for the creation and extension of networked and multimedia information. FASMA, an ISO-9001:2000 company, has implemented these strategies through a series of design, development and technology initiatives. Customers include Minister of Culture and Smithsonian Institute, Crans Montana Forum Foundation, the Romanian Presidency, the Romanian Government, the Bucharest Stock Exchange and other media companies.
For further media information contact:
NEA FINANCIAL MARKETS S.A.
C/O AIOLOS.NET S.A.
10 Skoufa Street,
Athens 10673,
Greece
Tel +301-3636-377
Fax +301-3390-217
General email : info@nea.fm
FASMA SRL
31 Panduri, Bl. P2, Apt.31
050655 Bucharest
Phone: +40-21-4101892
Fax: +40-21-4102196
Web:http://www.fasma.com
Email:fasma@fasma.ro
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