Human beings have always had the ability to do plenty, and yet there remains an awful little that we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.
Quicken Inc., maker of America’s best-selling personal finance software, has officially launched an assortment of investment tracking features for its personal financial app called Simplifi by Quicken. According to certain reports, the stated features begin from a newly-acquired ability to offer real-time quotes and investment balance chart. Designed to deliver at your disposal the latest possible information, this functionality becomes useful when it comes to gauging the value of your holdings at any given moment and a construct a view of balances over time. Next up, we have a new detailed graph, which is designed to inform you on the holistic performance pattern of your investments. Such a feature means you can seamlessly compare different holdings within your portfolio and understand their risk-return quotient so to reach on the ones that are bringing you greater value. Notably enough, the stated performance is served in both IRR and TWR. While the IRR shows the performance of actual dollars invested and distributed over time, the TWR steps in to display your fund’s compounded rate of growth over a specified time period. Not just for traditional currency, the development in question ensures that Simplifi users can also connect their accounts to top financial institutions backing cryptocurrency. By doing so, they can track real-time balances, performance over time, and relevant news about their cryptocurrency investments. Furthermore, they will have the means to manually add and track cryptocurrency. Coming back to the prospect of dispatching relevant news, this feature actually functions on a much broader scale, as it shows news related to the companies in a user’s portfolio, thus offering a current insight into factors impacting investment performance. At launch, the feature will aggregate news from CNBC, Motley Fool, PR Newswire and Businesswire, but more outlets are expected to join the pack soon. Complimenting the whole value proposition is an option to essentially edit your investment transactions from right within the app.
“With the market volatility and challenging economic conditions we’re facing, it’s critical to have a real-time view into the value and performance of your investments,” said Eric Dunn, CEO of Quicken. “Quicken continues to offer the best tools on the market for managing investments, and now we’re bringing key investment features to Simplifi: real-time quotes, including for crypto; investment performance over time; and investment news tied to users’ holdings.”
Founded in , Quicken’s rise is largely orchestrated by its award-winning suite of personal finance software and apps that include Quicken Starter Edition, Quicken Deluxe, Quicken Premier, Quicken Home & Business, and Simplifi by Quicken. The last one, for which all those new features are conceived, was also named the “best budgeting app” by The New York Times Wirecutter. Beyond the awards, the company’s excellence can be inferred from the fact that it has already empowered well over 20 million people to stay in charge of their finances.
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