Today, investment platform Lightyear announces the full launch of its web application with new stock screeners, a highly requested feature by investors on the platform.
The screeners - a directory of instruments with metrics and data - is completely available to the public.
Lightyear customers can now access a fully functional web app from signing up, to investing and managing their portfolios - meaning new users no longer need to download the mobile app to get started. The web app holds all the same key features as mobile, including ways to deposit cash and the newly launched order types (limit and stop orders). Over half of Lightyear’s customers (57%) have said that access to their account and data on a bigger screen is something that comes into play when choosing which broker to invest their money with.
The company launched its web app in beta last year, allowing users to view and buy stocks. Since launch, Lightyear has been adding multiple features, iterating the web platform experience based on a feedback survey from 500 customers. This includes some of the web users’ most requested features: watchlists, tools for investment analysis such as analyst ratings, financials, earnings data, and news and investors activities and statement downloads to get an overview of transactions on accounts.
Stock screeners launch alongside the full web platform today; a full directory of stocks and funds with metrics and data to enable all investors - whether a Lightyear customer or not - to make informed investment decisions. Screeners are divided into stocks and funds, allowing users to filter the entire Lightyear instrument universe based on specific criteria - from country and sector to P/E ratio, share price, daily performance and more. Users can also find out more about selected stocks or funds, see analyst ratings and use the available instrument analysing tools.
The directory of instruments is also completely available to the public, giving non-Lightyear users access to explore Lightyears’ instrument universe in full, using the same tools that are available to customers of the platform. These launches further the investment platforms’ mission to make investing more accessible in Europe whilst fostering education and financial literacy at the same time.
Although this is the newest version of Lightyears’ web application, Jani Kiilunen, Product Lead at Lightyear, emphasises it is just the foundation of future iterations of the web platform: “Lightyear on Web has quickly become one of the most advanced and intuitive web platforms for investing - while other neo-brokers have kept their customers waiting for years or keep very simple versions of their web apps behind paywalls. Many of our customers are advanced investors that prefer investing on the big screen, which is why this has been a high priority project for us. We want to create tools that allow users to make better investment decisions - whether you’re a Lightyear customer or not. We’re only just scratching the surface of what we’re planning for Lightyears’ web application.”