Small cap company Stockgroup Information Systems (SWEB) has taken another step in the advancement of financial content’s mobility. If you have a BlackBerry smartphone, you can now get real-time quotes, portfolio updates, news and more thanks to StockGroup’s StockStream Mobile data subscription service.

The product and platform was actually unveiled by Research in Motion (RIMM) at the Securities Industry and Financial Markets Association 2008 Technology Management Conference and Exhibit in New York City. Their booth obviously featured their BlackBerry, and all the things it could do for anyone involved in capital markets (like feed you StockGroup’s content and data). That’s not a bad audience to have your service featured in front of.

The data is robust too. Reuters is the supplier, feeding information from 40 different markets. That at least begins to address how StockGroup is going to start leveraging their relationship with Reuters (which has been in place for more than a year).

Here’s the really cool part though - StockStream Mobile can be ‘white labeled’ just like the regular web platform can. What’s that mean? It means if the brokers or other financial institutions want to resell StockStream Mobile as their own service, StockGroup can do that pretty easily. The platform and delivery doesn’t change; just the name and branding (and maybe color scheme)…which is pretty easy stuff to program.

Of course, StockGroup will get a piece of the revenue.

No word was given on the potential revenue the wireless data platform could generate. I don’t think it will be billions - at least not yet. But, it’s a good product…one I think investor-oriented companies will like and want to resell. The demand for mobility is only going to grow in the future, and StockGroup has been entrenching itself into the arena for quite some time.

If you want to see more about StockStream mobile, the StockGroup website is the place to go.

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