FinTech vendor Scivantage has hired Christian J. Farber to fill the newly-created role of executive vice president of marketing, sales and relationship management, the latest in a series of senior shake-ups intended to launch a new phase of growth for the company. Scivantage makes solutions for areas ranging from the back office to the front,… Read More >>
FinTech Incubators Bring Back Innovation
Regulatory compliance doesn’t usually make for scintillating dinner party conversation, but that’s how Adam Sodowick, founder and CEO of gamification training and data analytics vendor True Office, got his big break. He’d just started his company about a year and a half ago and was trying to figure out his next move when Sodowick bumped… Read More >>
Scivantage’s New CFO ‘Open’ to Acquisitions
James Corr, who has joined financial software provider Scivantage from Albridge Solutions as an executive vice president (EVP) and its new chief financial officer (CFO), says he does not rule out the possibility of future acquisitions as part of new period of growth for the vendor, fueled by an infusion of $20 million in debt… Read More >>
Scivantage’s ‘Sqope’ Targets Retail Investors
Scivantage, a financial software provider, has released “sqope,” performance measurement and reporting software that aims to provide institutional-grade data analytics to retail investors, according to a company statement. Company officials say sqope was released to satisfy investors “demanding that financial institutions provide better access to tools and services that allow them to more effectively manage… Read More >>
Scivantage Aids FinTech Pioneers
Scivantage, a Jersey City, N.J.-based a vendor of brokerage, tax reporting and wealth management applications software, and the Stevens Institute of Technology (SIT), a private research university in Hoboken, N.J., are now accepting applications for the 12-week Scivantage FinTech Incubator Program, aimed at discovering and assisting the next generation of financial technology entrepreneurs. The incubator… Read More >>
CBR Complexity Takes a Quantum Leap Forward
This year marks the start of far more challenging requirements for cost-basis reporting upon fixed income instruments and options to the Internal Revenue Service. Broker-dealers and buy-side firms are facing complex calculations and data-gathering challenges. Bob Linville, director, product management at Scivantage, took time out of his schedule to provide an update. Q: In your… Read More >>
Scivantage Partners with Broadridge as the Carlyle Group Joins Private Equity Data Alliance
Scivantage to Support Maxit Customers via Broadridge BPO Services Scivantage, a brokerage, tax and portfolio reporting applications vendor, is partnering with Broadridge Financial Solutions to provide Scivantage Maxit cost basis reporting customers with reconciliation via Broadridge’s business process outsourcing services, say officials from both companies. “There were multiple factors that brought our two companies together,”… Read More >>
Broadridge and Scivantage Tackle TARP III as SS&C Updates GoWire
Broadridge and Scivantage to Take on TARP III Broadridge Financial Solutions clients will gain access to the Maxit tax lot accounting system for cost-basis reporting from Scivantage, according to a strategic partnership targeting financial services firms that need help with so-called TARP III compliance, say officials from both companies. In April, the Internal Revenue Service… Read More >>
OTC Collateral Reforms to Cost the Industry $53B as Capital Dynamics Details New Fund Management Platform
Celent Report: Price Tag for OTC Collateral Management Reform to Hit $53 Billion As derivatives clearing and collateralization reforms get underway, the financial services industry will spend more than $53 billion in infrastructure and technology investments to make their systems more operationally efficient, according to a new report from market research firm Celent.“We expect it… Read More >>
Gain Capital CIO Crosses Aisle to Scivantage as OpenLink Finds a CEO
Gain Capital CIO Moves to Scivantage Andrew Haines, who served as the chief information officer (CIO) at Gain Capital Group, has taken on the same role at Scivantage, a vendor of online brokerage, tax and portfolio reporting and wealth management applications; Haines is replacing Anthony Scrimenti, officials say. “I very much enjoyed my tenure… Read More >>
