--- title: Refinitiv Acquires Scivantage description: Purchase will better position Refinitiv to create next-generation digital wealth management solutions. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_215581932_l-2015-May-12-2022-09-11-25-84-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/refinitiv-acquires-scivantage#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Technology](https://articles.marketsmedia.com/tag/technology-2) - Technology - Refinitiv Acquires Scivantage Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/refinitiv-acquires-scivantage#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 03.02.2020 By Terry Flanagan Technology # Refinitiv Acquires Scivantage 03.02.2020 By Terry Flanagan ![Refinitiv Acquires Scivantage](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_215581932_l-2015-May-12-2022-09-11-25-84-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) **Refinitiv Acquires Scivantage Creating Next-Generation Digital Wealth Management Solutions** *Acquisition of Scivantage’s Wealthsqope and Maxit E2E solutions strengthens Refinitiv’s relationship with broker dealers, prime brokerage, clearing firms & bank-brokerage firms.* *Refinitiv customers to benefit from full front-to-back office technology solutions.* **NEW YORK/LONDON, March 2, 2020** – Today Refinitiv has continued its commitment and investment in the wealth management industry with the acquisition of Scivantage, a trusted Software as a Service (SaaS) innovator in the fintech market. The acquisition of Scivantage represents the next step in Refinitiv’s journey to create next-generation digital wealth management solutions, providing clients with the data, technology and insight needed to empower better decisions and user engagement. Scivantage’s primary solutions include digital wealth management offering Wealthsqope, a digital client experience, and Maxit E2E, an end-to-end tax information reporting solution. Core functionality includes account management, personal portfolio management, money movement, market & investments data, advisor focused features, trading, cost basis and tax information reporting. By integrating Scivantage’s solutions, Refinitiv has expanded its wealth management portals’ service offering, driving client centric experiences through exceptional service and connectivity between advisors and their clients. Wealth firms will be able to realize the workflow benefits via both end-client and wealth professional portal use cases. **Joe Mrak, Global Head of Wealth Management at Refinitiv, said:** “In what continues to be a transformational wealth management environment, our customers increasingly rely on us to provide the data, analytics and digital technology solutions that enable their growth. We have an excellent history of collaboration with Scivantage, working together on both tax reporting and client portal solutions. Refinitiv’s best in class BETA self-clearing platform is already connected to Scivantage’s systems.” “Acquiring Scivantage at this stage affords a tremendous opportunity for us to work together on our shared goal of creating next-generation digital wealth management solutions that enhance the overall customer experience. Scivantage’s deep roots, knowledge and capabilities will enhance our wealth management portfolio of solutions, and we welcome our esteemed new colleagues to the Refinitiv family.” **Joe Stensland, Chief Commercial Officer at Scivantage: **“Scivantage has made tremendous impact as a Software as a Service (SaaS) innovator in the fintech market. Our digital solutions continue to move the industry forward and enable our customers to deliver a better client experience. Being part of the Refinitiv family will enable our growth through integration into Refinitiv’s broad portfolio of wealth management solutions.” To learn more about Refinitiv Wealth Management solutions, visit: [https://www.refinitiv.com/en/wealth-management](https://www.refinitiv.com/en/wealth-management) **About Refinitiv** Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: [www.Refinitiv.com](http://www.refinitiv.com/). [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/refinitiv-acquires-scivantage) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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