Wednesday, July 09, 2008
Google Finance: "A Great Lever for the Financial Services Industry"....Expect Global Expansion
Google Finance, in beta for the last year, has been quickly evolving with with introduction of real time quotes from the NYSE late last month and international launches of Google Finance in Canada the U.K. and China.
The integration of Google News and portfolio management tools means that Google Finance is moving to become a bonafide consumer finance destination site, a sector long dominated by Yahoo! Finance. It may also compete with consumer trading sites and services.
Although Google is not going into the broker/dealer business, it will bring the financial services industry into Google Finance as advertisers and strategic partners, Beet.TV has learned in this interview with R. J. Pittman, who heads consumer search for Google. He told me and Kelsey, in this interview we conducted last week, that Google Finance will be "a great lever for the financial industry."
R.J. indicates that Google Finance is poised for broad global expansion. Up and running in North America, the U.K. and China, the company is evaluating opportunities in the 100 countries where it operates.
-- Andy Plesser, Executive Producer
http://www.beet.tv/2008/07/google-finance.html