NEWS & EVENTS

Press Release

Scivantage Launches Powerful Mobile App for Online Brokerage; TradeKing Signs on as First Client

Jun 22, 2010

  • Scivantage Investor™ offers full suite of mobile applications with introduction of Mobile Trader™
  • TradeKing to extend mobile brokerage offering with advanced mobile trading app for the Blackberry® and Apple's iPhone&trade and iPad&trade

JERSEY CITY, N.J., June 22, 2010 - Scivantage, a leading provider of Web-based, front- and middle-office technology solutions to the financial services industry, today announced the latest addition to its suite of mobile brokerage solutions, Mobile Trader, an advanced online brokerage app for leading mobile platforms, including Blackberry, iPhone, and iPad.

Adding to their existing use of Mobile Browser™, Scivantage's html-based mobile investor solution launched at last year's SIFMA Technology Conference, online broker TradeKing has partnered with Scivantage to further extend its mobile offering with an advanced mobile trading app for its retail investor clients. With fast, full-featured trading and account management capabilities, Mobile Trader will allow TradeKing to provide its clients with a secure, intuitive and highly responsive user experience that offers similar features available to them via tradeking.com.

"We are dedicated to delivering the most advanced online brokerage solutions to our clients," said Rich Hagen, President and COO, TradeKing. "Scivantage's Investor solution has enabled our clients to participate in powerful brokerage practices since 2006 and our long standing relationship gives us confidence that their suite of Investor mobile applications will provide our clients with the convenience and mobile flexibility to best manage their investments."

Investor Mobile Trader offers a secure, responsive mobile brokerage experience through downloadable apps for leading mobile platforms and can be delivered together with Scivantage Investor or as a stand-alone solution.

Scivantage Investor Mobile Trader features include:

"Mobile technology is truly a global game-changer that is impacting retail investors and the online brokerage industry." said Joe Stensland, Senior Vice President, Marketing & Products, Scivantage. "As this revolution continues to unfold, investors are increasingly expecting mobile applications to provide the same sophisticated functionality that is available on their desktops. We are excited that TradeKing has selected Scivantage to further extend their mobile offering and we look forward to working with them to provide one of the best overall online investing experiences."

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and option trading broker offering simple, low trading fees ($4.95 per trade plus $.65 per option contract) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple five-star ratings from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity and TD Ameritrade. (June 2010 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.
Member FINRA/SIPC.

(1) (Please see https://www.tradeking.com/p/home/tradeking/about/commissionsfees.tmpl for more details on trade commissions for low priced stock, bonds, mutual funds and other securities). (2) SmartMoney is a joint publishing venture of Dow Jones & Company, Inc. and Hearst Communications, Inc. All Rights Reserved Worldwide.

About Scivantage

Leading financial institutions depend on Scivantage for essential front- and middle-office applications that deliver transaction-critical data, automate key business processes and drive operational efficiencies. Scivantage's proven, back-office independent brokerage solutions offer a powerful suite of applications that span the workflow of financial professionals and support the complex investment needs of the retail investor. From online trading and event notification management to automated account opening, maintenance and funding, Scivantage enables financial institutions and financial professionals to dramatically reduce operational costs, strengthen customer relationships and improve productivity. For more information, please visit www.scivantage.com or contact us at +1.866.724.8268.

Enabling Financial Transactions. > Automate > Connect > Transact

About Scivantage Investor

Scivantage Investor is a comprehensive customer service and advanced trading online brokerage solution that delivers personalized, on-demand access to high-quality, powerful investment applications and real-time information retail investors need to proactively manage their investments. With a single click, investors can experience a world of unlimited possibilities; view balances, execute sophisticated trades, get the pulse of the market, open new accounts and even manage their lifetime investment goals—all from their personal computer, wireless device or telephone. From automated account opening, advanced trade order processing and electronic money movement options to comprehensive cost basis reporting and financial planning tools, Scivantage Investor is a proven, online brokerage solution designed to attract and retain customers, strengthen a firm's brand and support the complex investment needs of even the most active investors.

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