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Press Release

Scivantage Unveils Expanded Account Aggregation Capabilities at 2009 Financial Planning Association Conference

Oct 12, 2009

JERSEY CITY, N.J., October 12, 2009 - Scivantage, a leading provider of web-based, front- and middle-office technology solutions to the financial services industry, today announced that it has partnered with ByAllAccounts, Inc., a technology company that delivers reconciliation-ready data to investment management and advisory firms, to deliver expanded account aggregation capabilities to its users of Methuselah® and Financial Compass^™

Financial advisors and wealth managers who utilize either Methuselah, the industry's most comprehensive financial planning solution, or Financial Compass, a goals-based, needs analysis application designed to support the investment sales process, will now be able to import detailed client account data, including both managed and held-away assets directly into their financial planning suite. Utilizing a proprietary web services solution for gathering, normalizing and distributing client account information, data can be seamlessly delivered to either of the solutions to give advisors comprehensive views of a client's entire financial portfolio, with no manual entry. By leveraging ByAllAccounts' Data Connect solution which captures account-level data such as transactions, positions and balances from thousands of online sources, financial advisors can significantly reduce administrative needs, improve overall workflow and build stronger client relationships through more detailed and accurate financial plans.

"Scivantage is committed to providing innovative technology solutions that help streamline the workflow of financial advisors," said Michael Forbes, senior vice president and general manager, Financial Guidance, a division of Scivantage. "By partnering with ByAllAccounts, Scivantage continues to focus on improving advisor productivity, while also providing solutions that enable advisors to cultivate their best and most profitable client relationships."

James Carney, CEO and Co-Founder of ByAllAccounts, Inc states: "Scivantage's platform offers both new and leading firms a compelling option to create a distinct competitive advantage. Scivantage through ByAllAccounts, Inc. has just increased the gap further. Business requirements continue to evolve and adapt to meet changing customer demands, the need for more advanced technology and greater emphasis on the client experience has become paramount."

The partnership with ByAllAccounts supports Financial Guidance's ongoing efforts to enhance workflow management solutions for our enterprise clients and when coupled with our suite of productivity solutions for linking to CRM and compliance platforms provides significant advantages for those firms using Methuselah and our Enterprise Management Server (EMS) solution.

To learn about the expanded account aggregation capabilities offered by Scivantage, stop by Booth #806 at the 2009 Financial Planning Association Annual Conference or visit www.scivantage.com.