CIBC to deploy Kony mobile brokerage app

Source: Kony Solutions

Kony Solutions, a mobile application platform provider, today announced it was selected by CIBC to develop and deploy its mobile brokerage app, released in July on iPhone®, BlackBerry®, and Android® devices.

CIBC worked with Kony to create the innovative new CIBC Mobile Brokerage App, which offers a wide range of features to help clients stay on top of the market including real-time quotes, portfolio monitoring, and more.

"We are excited to be the first bank in Canada to deliver a mobile stock trading App to Canadian investors through our new CIBC Mobile Brokerage App," said Michael Martin, senior vice-president, Alternate Channels, CIBC. "Investors will now be able to receive market information and make trades in real-time through their mobile device, without having to get to their computer. We know from research that there is huge demand for the benefits that this app will provide. It will change the investing landscape across Canada."

The CIBC Mobile Brokerage App is available to clients using an iPhone, BlackBerry, or Android device, and offers features to meet the growing demand from Canadians to have access to their finances while on the go, including the ability to:

* Buy and sell stocks
* View cash and margin balances, book values, and market values for individual account holdings
* Search for stocks
* Transfer cash between your CIBC brokerage and bank accounts
* View market indices, commodities and exchange rate information
* Get quick quotes on stock prices
* Create/modify Watch Lists for an at-a-glance view of stocks
* View the status of your trades and cash transfers, and
* View the transaction history for your account

Kony is a leading mobile application vendor, powering more than 70 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 SKony 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 provide their customers with engaging mobile experiences," said Raj Koneru, Kony CEO. "In addition to providing financial companies with our open and extensible 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."

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