Welcome to Software Momentum...
The Importance of the Foreign Exchange Market on Business
For e-businesses selling products or services in multiple countries, the lack of proper foreign exchange rate monitoring and system integration , put themselves at risk and eventually will not be able to escape the losses in revenue due to unpredictable and uncontrollable economic fluctuations. We have seen this type of pitfalls time and time again. The most noticeable is the dot net companies that went under several years ago. Erratic Foreign Exchange values was an early signal generator that something bad was on the horizon.
One of the ways to prevent losses, stay ahead of your competition, gauge the economical and geopolitical events that affect your business in countries you offer your products and services is by incorporating real-time foreign exchange rates as part of your business model and pricing database. Two good examples illustrate the point:
1) A foreign company whose main currency is the Euro visits your website and your competitors. Both of you are selling the same product or service and thus competing for the business. Your competitor has not taken into account the dynamic economical changes and has a fixed price set in Euros. Therefore, even if they win the business, they may have actually lost money due to a possible economic down slide that weakend the Euro which they did not account for.
2) Unlike your competitor, your e-business model incorporated real-time foreign exchange rates and shows your product and service offerings in up-to-the-minute Euro values even though your pricing structure is in U.S. dollars. By incorporating real-time currency exchange rates, you prices are dynamically adjusted while maintaining the desired level of profit margin regardless of economic and geopolitical conditions.
What type of Service does Software Momentum, Inc. Provide?
Software Momentum, Inc. offers real-time foreign exchange rate values that can be incorporated in your websites, software applications and databases. Unlike our competitors who charge based on the frequency of "currency feeds", we feel the rate at which you require real-time foreign exchange rates should be at your discretion, on-demand and when you need it. So if you require currency feeds every minute, every hour, or once a day, we put you in control with our SilverFox™ solutions at no additional cost.
We are proud to have a wide range of clientele from the small website-owner, Forex Brokerage firms, Financial Software Development companies and large scale enterprise level companies using our SilverFox™ services.
How Developers Generate Income with SilverFox™?
Many Developers and Service based companies have incorporated our SilverFox™ web service as part of their tools set they offer to their customers. Our pricing is the lowest in the industry and thus many development companies markup our services and charge a monthly fee.This allows for a steady and constant revenue stream for the Developers.
Regardless if it is an e-commerce site, Forex signal generators, automated Forex robots, Brokerage Firms or online trading, you as a developer and your customers can benefit from SilverFox™. It is FREE to join and in minutes you will have a working solution in your favorite development environment ready to take to market and start generating a steady revenue stream.