Montgomery Asset Management has integrated a number of new features into its Web site aimed at providing individual investors with customized news and some aggregated account information, it was announced this week.
The services include the ability to set up multiple investment portfolios and "watch lists" to track investments, as well as receive e-mail summaries of portfolio performance, according to a statement issued by Inlumen, the company that developed the features for Montgomery.
Clients can also receive alerts based on pre-specified price targets and create their own news filters, which allows them to receive only information on certain topics, fund families, or any range of criteria.
The services are based on what Montgomery and Inlumen see as a need for accurate information filtering as the Web has glutted consumers inboxes and Web browsers with an avalanche of information, said Catherine Sherwood, Inlumen's VP of marketing.
"There's too much news out there, so what you need is very intelligent ways to narrow in on information," she said.
The technology allows Montgomery to filter customized news in real time, meaning that, as it appears on the Web, it is run through a series of parameters and then appears immediately on the Montgomery Web site.