Scivantage Ranked in Top 100 in American Banker and Bai’s Fintech Forward Rankings

Jersey City, New Jersey - 13 November 2014

Innovative financial technology firm continues to build momentum leading into 2015 through additional ranking

Scivantage®, a Global FinTech 100 technology provider of information-enabled software dedicated to transforming complex information and processes into intuitive user experiences for the financial services industry, announced today it has been named to the inaugural American Banker and BAI FinTech Forward Rankings. The Top 100 represents the largest fintech-focused companies in the world that derive at least 33 percent of their revenue from banking, capital markets, payments or the insurance industries.

2014 has been a record year for Scivantage, as the firm has been recognized for its innovative technology and client services through a variety of industry accolades. This award follows Scivantage’s latest recognition, its placement in the IDC Financial Insights Rankings as a top global provider of financial technology. In addition to the two industry top 100 rankings, the Scivantage Investor™ Mobile platform was recently honored with the 2014 BISA Technology Innovation Award for advancements in mobile brokerage technology.

Scivantage continues to demonstrate innovative leadership  in the industry with significant advancements including the launch of its next generation Scivantage Investor™ platform, enabling users to more effectively manage their investment needs across multiple business and technology delivery channels, the release of Scivantage Investor™ ODS, a transformative technology providing Investors with the benefits of on demand account data that typically resides in the back office, as well as fostering future investment technologies with the Scivantage FinTech Incubator. Scivantage Maxit®, the largest provider of cost basis reporting solutions for the financial industry, has also made strides with leading edge tax management tools to complement its core cost basis functionality. Furthermore, in support of the continuous expansion of market leading tools and solutions, Scivantage has added OptionsPlay® Ideas to the Scivantage Investment Platform, providing intuitive equities and options trading strategies to simplify decision making and accelerate customer transaction activity.

“This past year was a monumental one for Scivantage and our growth and maturity as a firm has been recognized by some of the most prestigious organizations in our space,” said Adnane Charchour, President and Chief Executive Officer of Scivantage. “We look forward to continuing in our tradition of developing transformative solutions for the industry, such as the launch of our performance measurement and reporting software sqope™, and we are honored to be recognized as a pioneer in the financial technology landscape.”

American Banker and BAI formed a strategic alliance and signature program, FinTech Forward, a new initiative focused on giving bankers the information and perspective on technology they need to plot a course for the future. FinTech Forward brings together the research, media, and event capabilities – and the engaged and influential audience communities – of banking’s top two professional information and education organizations professional information and education organizations. The central objective of the FinTech Forward program is to identify the forces and trends that are motivating banks’ technology investment. The FinTech Forward team also spotlights new players that are shaking up the establishment.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development