September 06, 2011 11:19 ET

Scottrade Chooses Kony Platform for Mobile Application Development and Deployment

Scottrade Releases the Most Comprehensive Mobile Trading App for Investors

ORLANDO, FL--(Marketwire - Sep 6, 2011) - Kony Solutions, Inc., the leading mobile platform provider, today announced it has been selected by online investing firm Scottrade, Inc., to develop and deploy its mobile application, now available on Android™, iPhone® and BlackBerry® devices. Leveraging the robust Kony Platform, Scottrade worked with Kony to create the most comprehensive mobile stock market research and trading application. The free app offers more real-time research, news and analyst views than any other direct-competitor apps on the market.

In choosing Kony, Scottrade understood that the Kony Platform generates each client specific application, optimized for that channel and format. This is accomplished using Kony's 'Write Once, Run Everywhere' single application definition rather than solely mobile web solutions or multiple code bases like other options on the market. Kony's ability to create applications for more than 9,000 devices, seven operating systems and 15 browsers without compromising native features and functionality enables brands like Scottrade to offer robust mobile experiences to consumers.

Scottrade® Mobile, developed on the Kony Platform, offers a robust mobile application experience, empowering investors with a better way to stay up-to-the-second with the information they need to react to changes in the market, including streaming quotes, news and charting.

Kony is a leading mobile application vendor, powering more than 45 Fortune 500 brands' mobile websites, native applications and SMS/MMS campaigns and generating more than six billion total user sessions annually. By delivering such a functionally robust and stable product, global brands entrust Kony with providing mobile presence and commerce. Uniquely, Kony starts building in key new features of new operating system versions as soon as the new SDK is released to the developer community. Kony provides an SLA that states support of new versions of an existing platform SDK within 30 days of its release to the developer community and an SLA of 90 days for completely new device and operating system releases.

"We have a breadth of experience helping financial services and wealth management firms provide their customers with engaging mobile experiences," said Raj Koneru, Kony CEO. "In addition to providing financial companies with our best-in-class mobile platform, we also offer a customizable vertical application built on best practices, specifically for mobile financial services, providing off-the-shelf functionality that lets companies reach their customers and employees on any device, operating system or browser without compromises."

About Kony Solutions, Inc.
Kony enables enterprises to offer consumers and employees feature-rich mobile applications in less time and at lower costs than any other solution. Leveraging a single application definition, applications are designed and developed just once, in a device-independent manner, and deployed across multiple channels, including native applications, device-optimized mobile web, SMS, web gadgets, kiosks, and tablets without compromises. Kony's unique platform is proven to future-proof a company's mobile investment by enabling applications to be changed once for all channels, ensuring faster adoption of new operating systems and standards as they are introduced, while eliminating maintenance, upgrade and future development costs.

In 2011 Kony has been named a Gartner Cool Vendor, a 'Most Innovative Company of the Year' by the American Business Awards and was chosen as one of Fast Company's 100 innovative Apple-affiliated achievers.

For more information, please visit Connect with Kony on Twitter, Facebook and LinkedIn.

Scottrade® and the Scottrade® logo are registered trademarks of Scottrade, Inc.