PivotInc.com - Instant Messaging Goes Wall Street

Think of Pivot as glorified instant messaging for Wall Street types. It’s designed as a collaboration platform that allows buy-side firms, sell-side firms, brokers, traders and investment managers to chat with each other, then turn those conversations into actual workable information. Pivot’s Pivot 360 tool allows user to aggregate and organize messages into a spreadsheet with all the necessary information: time, message, quantity, and price among others. It’s fully customizable and can be shared with all members of your team. You can filter by source, ticker, keyword, or message type. You can also export the data or integrate it with excel. It truly is the new way to do business on Wall Street.

“With markets expanding and becoming more accessible around the world, the communication and collaboration needs of participants have become much more sophisticated. Pivot 360° is designed specifically to meet those needs via a powerful messaging and collaboration platform that can be tailored to the specific workflow of any market.”

Pivot provides a key service for traders whose job it is to be in the know at all times. Communication is key for business. Pivot facilitates conversation and information sharing.

Is there a better solution to Pivot? MSN, AOL have been around for ages and work well. Can Pivot gain critical mass?