Introduction

Access to the market and reliable data is essential for any financial analyst. Since there are now so many high-quality mobile finance apps available, business professionals have easier access than ever to tools like digital portfolios, calculators, and live data streams. Apps can be purchased, and the vast majority are available for both Android and Apple devices. Each App is made with the analyst in mind, streamlining their work and bringing the Big Data revolution to their fingertips. These apps are a huge help for those trying to stay on top of the financial markets, driven by the rapid dissemination of accurate information.

Applications Every Financial Analyst Must Have

The Financial Exams Prep App

Edu Pristine, an app developer, has many apps available for Android and Apple devices geared toward students interested in careers in the financial sector. The Chartered Financial Analyst and Financial Risk Management (FRM) examinations are only two examples of certification exams covered by the Financial Exams Prep App series.

You won't have trouble navigating the Financial Exams Prep App's interface. Economics, alternative investments, ethics, and financial reporting/analysis are a few topics covered in the CFA curriculum's many books and tests. Different financial products, valuation, and risk analyses are given additional attention in the FRM section. The Financial Tests Prep App is aimed at those early in their careers who have not yet passed their exams, although the information it covers is helpful for any analyst.

The Monetary Exams Prep App

Edu Pristine, an app distributor, offers a variety of Android and Apple apps for aspiring financial professionals. The Financial Tests Prep App Series is a comprehensive study guide for various financial certification and licencing exams, such as the Chartered Financial Analyst (CFA) and Financial Risk Management (FRM) exams.

The Monetary Exams Prep App interface is straightforward and easy to use. The Chartered Financial Analyst (CFA) curriculum comprises books and quizzes covering economics, alternative investments, ethics, and financial reporting/evaluation. Different financial items, valuation, and risk assessments get more attention in the FRM section. New professionals may have created the Monetary Exams Prep App, but the material it covers is still relevant for any analyst.

uValue App

Financial experts and investors who regularly conduct company valuations will find the uValue App invaluable. Aswath Damodaran, a professor of finance at New York University Stern, is widely regarded as a leading intellect in valuation methods in the United States, and he came up with this idea. The weighted average cost of capital (WACC) and the dividend growth model (DGM) are two of uValue's six basic formulas. Other necessary measures include levered/unlevered beta and exchange rate projections.

For this reason, uValue may be challenging to use for inexperienced analysts at first. The software requires a deep understanding of valuation principles and financial statements. The lack of a data resource limits the App's usefulness beyond that of a basic plug-and-go calculator; nonetheless, as any financial analyst can attest, it's always helpful to have the option to whip up a valuation if needed rapidly. Although uValue is a free and informative app, it is unfortunately only compatible with Apple's iOS, which limits its potential user base.

Accenture Interactive

Accenture, a global IT services provider, rebranded its Accenture Digital branch as Accenture Interactive in May 2015 and released many new mobile applications. The rollout is a part of the company's efforts to refocus on analytics services, which are aimed squarely at the decision-makers in the banking and insurance sectors. Accenture's digital release includes a variety of valuable tools that, in the hands of the appropriate analyst, might prove invaluable. For wealth managers, the mobile App stands out as a notable feature. The Accenture platform isn't ground-breaking, but it does offer a wide range of valuable services in one location.

Market Scanning App

The price of the Market Scan software immediately stood out. MarketScan competes with popular programmes like Stock Guru and TickerPicker, but at a much higher price point. It's not cheap to utilise MarketScan, with a regular download cost of US$39.99 as of September 2015, making it a costly option.

Financial analysts can benefit significantly from MarketScan's standard portfolio analysis features, even though technical traders may find other programmes more useful. There are tens of thousands of possible combinations of sports that can be traded for in American marketplaces. Analysts can get by without tracking individual stock prices, but more than enough information is available on indexes, commodities, and futures markets to make up for this. Like the FRED programme, MarketScan is a great way to generate visual aids for use in reports and presentations. The Android version is not yet available.

Conclusion

Now, investors can use any available financial applications to streamline their analysis and selection of potential investments. These applications include various financial-related resources, including market analysis, news, statistics, calculators, test preparation, and more.