Archive for February, 2011

USA Today – Cost Basis Reporting: Investor Guidance

Friday, February 18th, 2011

A recent article in USA Today touches on a timely and important topic – cost basis reporting. Author Matt Krantz spoke with Scivantage’s Cameron Routh about the motivation behind the new rules and how investors will be affected. “It’s critical for investors, even those who aren’t active traders, to understand the new cost basis rules… Read More »

State of the Mobile Investor

Thursday, February 17th, 2011

A recent article in Financial Planning discussed the growing demand for mobile offerings from investment firms, based on a study done by Forrester Research. Although only 11% of investors use mobile channels right now, the industry is evolving rapidly, according to the piece: “But the times they are a changing and sooner or later virtually… Read More »

Securities Technology Monitor: Fund Firms Face Costs of Cost-Basis Reporting

Tuesday, February 15th, 2011

Securities Technology Monitor: Fund Firms Face Costs of Cost-Basis ReportingCameron Routh talks about the issues mutual funds have to address in cost basis reporting in a recent Securities Technology Monitor article. “Mutual fund platforms were coded to provide only average cost accounting and now they will have to adjust to a variety of cost-basis methodologies,”… Read More »

Scivantage Voted One of the Hottest New York City Companies by Lead411

Tuesday, February 15th, 2011

Lead411 recognizes the fastest growing technology companies in New York City Scivantage has been recognized by Lead411 as one of the ‘Hottest Companies in New York City” for 2011.  Scivantage was one of 66 fast-moving companies to be recognized on this year’s list. Lead411’s “Hot List” awards have been created to recognize fast growing companies.… Read More »

Money Management Executive Magazine: The Costs of Cost-Basis Reporting

Thursday, February 10th, 2011

In this recent Money Management Executive article, Cameron Routh, Senior Vice President of Strategic Products for Scivantage, offers his insight on the technology challenges and potential costs awaiting mutual fund companies that are not adequately preparing for the cost basis reporting requirements.      Money Management Executive: The Costs of Cost-Basis Reporting By Chris Kentouris 02/07/2011… Read More »

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