Financial Service Veterans Join Scivantage as Firm Embarks on Next Phase of Growth

New Executive Vice Presidents to Lead Development, Operations and Strategy of Information-Enabled Products and Services

JERSEY CITY, NJ — January 26, 2015Scivantage®, 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 the appointment of Amit Basu as Executive Vice President, Professional Services and Delivery, and Alex Sauickie as Executive Vice President, Business & Technology Operations. As Scivantage enters its 15-year anniversary, the strategic hiring of these new senior executives supports Scivantage’s next phase of growth, building on the company’s existing industry leadership in early 2015.

“This is a milestone year for Scivantage, and we are committed to improving and expanding our offerings to enable our clients to best leverage the quality data already available to them through our solution suite in order to make informed business decisions,” said Adnane Charchour, CEO, Scivantage. “Both Amit and Alex bring invaluable experience in project management and business optimization, as well as unique industry expertise, given their past leadership roles across financial services. Their previous success in leading and growing some of the industry’s most respected firms will be instrumental in furthering our immediate and long-term goals at Scivantage. I am confident that these past contributions will help to position them as valued assets within our current executive leadership team.”

As Executive Vice President of Professional Services and Delivery, Basu is responsible for overseeing all custom development projects, aligning them with Scivantage’s strategic vision and ensuring their optimal delivery to its valued clients. Basu brings to Scivantage more than 25 years of experience in financial services and has held leadership positions at several high-growth companies, including the role of Managing Director of Professional Services at Albridge Solutions. Most recently, Basu held the CIO position at Procurian, where he focused on application development, data management and process re-engineering.

“Scivantage achieved an incredible amount of success in 2014, and it is with great pride and excitement that I join this company as it begins another productive year in delivering ground breaking solutions to the financial services industry,” said Basu. “The Scivantage product portfolio is industry leading, and given my experience aligning development initiatives with business objectives, I look forward to driving its continuation of growth through optimized product strategy, delivery and engagement.”

Sauickie joins Scivantage from Billtrust, a high-growth SaaS billing platform, where he served as Senior Vice President of Client Operations. A veteran executive in start-up and high growth enterprise software, Sauickie now serves as Executive Vice President for Business & Technology Operations, ensuring alignment of and efficiency within these pivotal operations groups. Prior to joining Billtrust, Sauickie was COO for Unified Social, an award winning social media platform company, and Managing Director of Operations & Services for Albridge Solutions, where he assisted in the company’s successful acquisition to a division of PNC Bank.

“Scivantage shows an unmatched commitment to its clients, and I am both thrilled and honored to be joining such a talented and skilled group of leaders – especially at the start of its 15th anniversary year,” said Sauickie. “Its focus as an information-enabled firm positions the company with a competitive advantage in today’s market, and I look forward to leveraging my experience in operations and technology to further support the next evolution of innovation.”

Basu started his career in London as an analyst programmer for the Lloyds of London insurance market and also worked for several years in Asia as a technology architect for banking clients. He holds a Bachelor of Engineering degree from London University.

Sauickie received a Bachelor of Science in Marketing from Trenton State College, now The College of New Jersey. He has spoken at several industry conferences and been featured in leading industry trade publications over the years.

About Scivantage

Scivantage® is 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. With proven expertise in online brokerage, tax and portfolio reporting, and wealth management applications, Scivantage delivers intelligent and actionable information that goes beyond the boundaries of traditional financial software, helping improve investment decisions. Leading financial institutions, including broker-dealers, mutual fund companies, bank custodians, trust and prime brokers, depend on Scivantage’s cloud-based technology to achieve critical business insights, generate new revenue and build stronger customer relationships. For more information, please visit or contact us at +1.866.724.8268.

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Posted in Press Release.