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Press Release

Scivantage Unveils Scivantage Professional '09 at SIFMA Operations Conference

Apr 27, 2009

JERSEY CITY, N.J., April 27, 2009 - Scivantage, a leading provider of Web-based, front- and middle-office technology solutions to the financial services industry, today announced the launch of Scivantage Professional '09 at the SIFMA Operations Conference in Hollywood, Florida.

Scivantage's latest release, Scivantage Professional '09 includes the integration of our Financial Compass^TM planning suite, enhanced Account Opening and Maintenance, new advanced trading features and expanded research and market data capabilities. Additionally, Professional '09 offers a new, streamlined user interface that allows for configurable navigation panes, modal windows, expanded power search capabilities and an overall improved user experience.

"Scivantage is committed to providing innovative solutions that help financial institutions and their advisors build stronger, more profitable relationships, streamline workflow and improve firm-wide productivity," said Joe Stensland, senior vice president of marketing and products, Scivantage. "Leveraging our unique back office independent, account management and trading capabilities that have become essential tools for financial advisors, Professional '09 delivers a broader range of integrated services to support the wealth management lifecycle."

Tailored to meet the needs of each of our clients, Professional '09 offers a robust framework and proprietary middleware technology for seamlessly connecting automated account opening, financial planning, investment management and order execution. Professional '09 includes the following new features and enhancements:

• Financial Compass (Financial Planning suite) - Through the integration of Financial Compass, financial advisors now have seamless access to a robust goals-based, needs analysis tool that enables them to quickly evaluate their client's financial situation and produce actionable, easy-to-understand presentations in a few simple steps. Its highly intuitive interface is specifically designed for quick analyses and ease of use. Financial Compass supports seven sales-oriented strategies, including Asset Allocation/Investment Planning, Retirement Planning, Education Funding, Event Funding, Life Insurance, Long-Term Care and Disability Income.
• Enhanced Account Opening and Maintenance - Scivantage's Account Opening & Maintenance suite has been re-architected to expand the flexibility and overall configurability of the application-reducing the time and costs of implementation. New risk management features, such as real-time field validation, business rules integration and improved workflow, make certain that consistent decision-making and edit check criteria are applied throughout the account opening process.
• Advanced Trading with Block Orders - Available as a premium service of Scivantage Trading, Block Orders simplifies the process of entering trades into client accounts, while providing average pricing capability to reduce the transaction costs for clients and/or the advisor. Advisors can now effect transactions against many accounts, or groups of accounts, in a single order entry session.
• Research and Market Data - Scivantage Professional '09 provides access to the tools and information advisors need to stay current on the latest market movements. Easily access real-time, fundamental and historical data from a single, integrated resource. Monitor all aspects of the markets, ranging from real-time research on companies, exchanges and regions to interactive charts and investment screeners.

To learn about the Scivantage Professional '09, stop by Booth #308 at the 2009 SIFMA Operations Conference or visit www.scivantage.com.