The software is a personal finance management software. It aims to "demystify investments". The main function is to simulate graphically and interactively a person’s financial status at different ages.
It can show a person’s cash flow and assets for future, based on current investments, current inflation rate, savings target, CPF, house, car, etc. At this moment, most users of this software are professional financial advisers. They use this tool with their client. A financial adviser from Alpha Financial Advisers, Warren Desouza said: "this software is very good at giving a visual view. It can tell users whether they would run out of cash at the age of 50. This is called the ‘doomsday scenario’, and adjust investments now to avoid the doomsday scenario."
Another advantage is that the software is customized to Singapore. It can compute CPF, and has some built-in local stocks such as STI, Sesdaq Indices.
The software has different versions, pricing from S$158 and above. It’s already on the market. The Company is also talking to banks
to discuss the possibility of putting this software on the banks’ websites.
