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Net broadcasting service to aid IFAs

Marketing and consultancy specialist Sway is setting up an internet

broadcasting service for financial firms and IFAs to contact their clients.

The company&#39s CityCast Internet Broadcasting service, set up in

partnership with global internet broadcaster Virtue Broadcasting, goes live

on June 14.

CityCast is being targeted at all financial firms but Sway says it is

primarily aimed at intermediaries who want to communicate with clients

efficiently and economically by broadcasting on the internet.

The service will handle film direction, production, editing and encoding.

Sway says it has created a low-cost, high-value product to provide

companies with an alternative to traditional ways of providing information

to clients and business partners such as newsletters and videos.

The company believes there is a massive market for companies which are

looking to circulate information over the int-ernet to millions of clients

instantly rather than using postal-based direct marketing.

Sway says a fund manager can broadcast its latest figures on investment

performance to clients and IFAs over the internet rather than posting pages

of documents.

Chief executive Jon Maguire says: “One example of how we can help clients

save money on internet broadcasting is by arranging for several cli-ents to

produce film for internet broadcasting in the City of London at different

times on the same day so only one film crew has to be booked to be on

location.

“If clients are willing to play ball and use the internet, then we will be

able to slash costs.”

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