Multi-Channel Mobile Applications for the Financial Services Industry

July 1, 2011 - PRLog -- DonRiver, a global technology consulting and mobile application development company specializing in the telecommunications and mobile financial services industry, and Kony, the leading mobile application platform provider, today announced their partnership to deliver mobile applications to the financial services industry.

DonRiver is now able to leverage the Kony Platform, which enables companies to develop and deploy robust mobile offerings across more than 9,000 devices, 15 operating systems and all channels, to provide mobile network operators and financial services organizations with mobile services, such as banking, payment, and money transfer solutions (http://www.donriver.com/solutions/mobile-applications/) .

With more than 50 percent of Smartphone owners conducting some form of mobile banking, it’s clear that the growth potential within mobile for financial services providers and mobile network operators is significantly. Previously, these organizations had been forced to spend an inordinate amount of time and money to develop separate mobile applications for each mobile channel and platform, including Smartphones (iPhone, Android, Blackberry), mobile web, WAP, mobile messaging, USSD, feature phones, J2ME – the list is almost endless.

“By partnering with Kony, we are demonstrating to our customers that with DonRiver, they can accelerate their time to market whilst reducing their mobile financial application development costs,” said Brent Ho-Young, managing director, DonRiver Mobile Practice. “DonRiver will design and develop a single application that will then be deployed against all of the required channels for a client using the Kony Platform.”

This partnership combines DonRiver’s five years of experience developing mobile solutions (http://www.donriver.com/consulting-services/mobile-financ...) for the world’s leading mobile network operators, financial services providers and remittance firms with Kony’s unique Platform to offer ubiquitous mobile deployments that are future-proofed against market changes. The partnership will provide DonRiver’s clientele within Canada, the U.S. and Australia with the ability to focus on the marketing, user experience, financial opportunity of mobile–not the technology barriers of getting it done across multiple channels and platforms.

“We are continually looking for opportunities to add value for our customers and expand our reach in key markets. Partnerships with organizations like DonRiver enable us to have a more expansive impact on the industry and broaden our customer base,” explained Raj Koneru, CEO, Kony. “This partnership will help us to effectively address the needs of financial institutions and mobile operators, allowing them to deploy off-the-shelf standard mobile financial services functionality – mobile payments, mobile wallets, mobile money transfers, and mobile marketing (http://www.donriver.com/solutions/mobile-applications/mob...)  – in addition to providing innovative features unique to each of their customer segments. Jointly we are able to provide secure, innovative and revenue generating mobile financial applications.”

“DonRiver’s clients are increasingly demanding scalable and secure mobile financial applications that work not only on all leading Smartphones, but across all mobile operating systems as well as feature phones and tablets around the world. In addition, as mobile web based and HTML5 solutions become more widespread, clients want to avoid the expense of employing experts in each of these platforms as well as the cost to develop, test, operate, and maintain these platforms,” said Brent. “Combining DonRiver’s Financial Application Advisory and Development services with Kony’s Platform will enable our customers to go to market faster, adapt rapidly and reduce total cost of ownership for mobile financial applications and channels.”

About Kony
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. For more information, please visit www.kony.com. Connect with Kony on Twitter, Facebook and LinkedIn.

About DonRiver Inc.
DonRiver is a technology consulting and software development firm that designs, develops, and integrates mobile money solutions for leading mobile operators, banks, and financial service providers around the world.

DonRiver leverages its industry experience, technology expertise, and pre-built mobile platforms to accelerate the delivery and reduce the cost of development of revenue-generating mobile financial applications for clients.

DonRiver has become one of the telecommunications industry’s most capable and experienced technology consultancies through the delivery of services and innovative solutions to clients and partners including Accenture, AT&T, Rogers, Roshan, Telstra, TransferTo, VendTek, and Western Union. For more information, please visit www.donriver.com

# # #

DonRiver is the artery through which value–driven, quality solutions are delivered. We have more than 100 experienced professionals stationed across six offices in Asia, Australia, Europe and North America who provide a global network of expertise that we tailor to each client’s specific needs.

We provide product consulting, strategy and software development services for communication providers, application providers, financial services firms, and management consultancies. We are relentless in providing results–driven solutions with an emphasis on value and quality.

To accomplish this, we assemble our teams of professionals to match the unique needs of each client. We understand the realities of our clients and believe that this familiarity breeds successful outcomes. We seamlessly integrate our professionals and delivery functions to provide services that boost a client’s technical capabilities and improves existing application performance.