is that a good idea for an investment management software?

Discussion in 'Trading Software' started by rickharpon, Sep 18, 2011.

  1. I was thinking to create an investment management software that can do various things like:

    * backtesting technical and fundamental indicators over historical data:
    * easily finding fundamental info for a stock (p/s, p/b, p/e...etc).
    * calculating difficult quantitative measures (VaR, SABR volatility, black-derman-toy price...etc.)
    * Create index of your portfolio and monitoring its price/beta and so on.
    * calculate sortino ratio and other performance measures.

    Basically, when I google it - I can't find about say 70% of the things that I am planning to program - so it should be logical that since something is needed and cannot be found for free - the next available option is to pay for it.
    There are other problems that concern me though:
    how to reach my customers? that is...what price of the software to set given that I will need to put a sufficient investment for facebook, google adwords?
    If i use email marketing (well...spamming) will I ever reach someone who is interested in say sabr volaility or things like that?
    should i sell it as exe or as SaS (subscription to online website...)?
    will people ever be interested in buying software rather than doing things the hard way (mathematica, excel, matlab)?

    any advice? thanks!