Company Rounds Out Leadership Changes with FinTech Expert to Drive Innovation and Growth
JERSEY CITY, NJ — October 27, 2015 — Scivantage®, a Global FinTech 100 provider of Wealth Management and Cost Basis solutions, today named Chris Calhoun as Chief Executive Officer. Calhoun’s appointment solidifies the transformation of the company and positions Scivantage for continued growth.
Calhoun, who has been on the Board of Directors at Scivantage since 2010, brings over twenty years of governance and executive management experience to his new role. Prior to Scivantage, Calhoun was Chief Operating Officer of GAIN Capital where he played an integral role in GAIN’s growth from start-up to public company in 2010 and currently serves on GAIN’s Board of Directors.
“Over the past year and half we have made several strategic investments across the firm, in our people, product portfolio and service delivery. I am delighted to lead this team of industry veterans to deliver on the long-term strategy of Scivantage and bring premium value to our clients through innovative products and a superior client experience,” said Calhoun.
“Chris was the logical choice to lead Scivantage as the company enters its next phase of growth,” said Charles Shufeldt, Senior Advisor, Brown Brothers Harriman, and member of Scivantage Board of Directors. “Chris’ familiarity with Scivantage, industry experience, and past success give him a unique understanding of the complexities and challenges of our industry and what Scivantage needs to do to continue to add value to our clients in helping them meet these challenges.” “We are also pleased that Adnane Charchour, former CEO and founder of Scivantage, will remain on the Board to help us take the company to the next level,” added Shufeldt.
“We are delighted Chris has accepted the role of CEO at Scivantage,” said Michael Kopelman, General Partner, Edison Partners, and member of Scivantage Board of Directors. “Edison was fortunate to have the opportunity to work with Chris in his prior role at GAIN Capital where we shared mutual success. Chris is a proven leader whose vision for the future of our company is precisely what Scivantage and our clients need as we move forward.”
Scivantage® is a Global FinTech 100 technology provider of 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 www.scivantage.com or contact us at +1.866.724.8268.