New agreement to add embedded access to high-quality content and create a seamless workflow in Scivantage’s Investor digital wealth solution

Scivantage®, a FinTech 100 technology provider of Digital Wealth Management and Cost Basis solutions, and Morningstar, Inc., a leading provider of independent investment research, yesterday announced an agreement at the Scivantage Client Conference in Baltimore.

The agreement will enhance the client experience of Scivantage’s Digital Wealth solution, Scivantage Investor™. Investor empowers financial firms to deliver a unified digital experience at each touch point with their end-client. By embedding Morningstar’s Market Data Solutions, Scivantage will expand its content offering and provide financial firms the ability to deliver on-demand access to a complete set of financial market data to their clients.

“Working with an industry leader like Morningstar allows Scivantage to provide the most reliable and industry-proven data to our clients,” said Joe Stensland, Chief Commercial Officer, Digital Wealth at Scivantage. “Morningstar’s solutions enhance the value of our products while enabling our clients to offer their investors a market-leading client experience.”

In addition to the Market Data Solutions, Scivantage will use Morningstar’s Enterprise Components as a foundation of its completely redesigned Markets & Investments package. The Markets & Investment package provides a suite of financial data and investment decision support tools that supports a seamless investment workflow. These tools allow investors to stay current on the latest market movements and to make more informed investment decisions.

“As part of Morningstar’s continuous efforts to expand the data and content made available to investors, we are pleased to provide both data and tools for Scivantage’s Investor digital wealth platform,” Scott Mackenzie, Morningstar’s head of data and research products, said. “Morningstar has a long history of working with platform providers, fueling their technology with our robust global data and online tools.”

The integration of Morningstar content and components with Scivantage Investor is scheduled for Spring 2017.

“We are excited to add Morningstar to our solution. Having a network of premier providers like this and the recently announced partnership with FolioDynamix, positions us to be innovative and agile in enhancing our Digital Wealth Platform,” said Stensland. “Our goal is to offer best of breed solutions that allow our clients to differentiate themselves from their peers,realize efficiencies, and focus valuable resources on growing their core business. Premier providers are key to achieving this.”

About Scivantage
Scivantage® is a FinTech 100 technology provider of Digital Wealth Management and Cost Basis solutions. 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 https://www.scivantage.comor contact us at +1.646.452.0050.

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