The wealth and investment management division of Barclays has launched a new mobile facility to help clients track and trade foreign exchange on the move.

Barclays' iAlert service was launched online last year and now has mobile and tablet functionality. The tool, which tracks up to 75 currency pairs, also features current and historic currency rates, FX tutorials and research and commentary from the bank’s treasury specialists.

The new mobile-enabled version has also been enhanced to offer dashboard updates, currency reversal, personalised alerts, chart improvements and summary email subscriptions.

Wealth managers are making mobile and tablet solutions a real priority, with the vast majority planning to carry out significant tech development activity over the next two years, according to a recent survey by Aite Group. When asked in which area their firm would be making significant developments in the coming 24 months, 64 per cent of the technology executives surveyed said mobile solutions and 49 per cent said tablet solutions.