The Hindu Business Line : Wifin's solution for real-time data access on mobiles

"This is what technology is all about," says Mr Paramasivam, Director, Wifin Technologies (India) Private Ltd, which has come up with a solution for real time information access.

This Coimbatore-based company has been short-listed for the IT Innovation Award, an initiative mooted by NASSCOM (National Association of Software and Services Companies).

The technology iStream is a streamer engine perfected to stream complex and voluminous financial data in a customised and bandwidth-efficient manner, Mr Paramasivam told Business Line. The company is close to striking a deal with a mobile operator for rolling out iStream. "We are expecting the roll-out to happen within a month. Once this happens, the GPRS-enabled devices such as mobile phones, PDAs and Blackberries, iStream subscribers would be able to download our proprietary software to get wireless access to all kinds of information live — from bullion and forex rates to market-related quotes with charts and graphs on their his handset, whether in India or overseas," said Mr Paramasivam.

Wifin has tied up with Money Line Tele Rates and Reuters for market updates.

Without divulging the quantum of funds received for Wifin's India operations from a Singapore-based global investment firm, Mr Paramasivam said Wifin Technologies Pte Ltd, Singapore launched its branded service `MobiStream' in October.

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