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Scivantage
United States
2000 (25 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Scivantage
Company Information
Get to know Scivantage
Scivantage, Inc. provides Web-based front and middle-office technology solutions to the financial services industry. Its solutions include Investor, a solution that provides retail investors with personalized and on demand access to investment tools and information; Maxit, which offers real-time tax-based investment decision support to help financial advisors and investors; and Event Notification System that provides real-time event dashboards, which enable users to receive and respond to critical event-generated and ad-hoc alerts. The company also provides Trade Processing that automates the trade order processing of equities, options, mutual funds, annuities, and ETFs; Account Opening & Maintenance, a real-time, automated, and configurable account opening and administration solution; Electronic Money Movement, a real-time account funding solution that automates the cash transfer process between financial institutions; and Account Management, a secure Web-based account management application. In addition, it offers Online Document Delivery that provides secure electronic delivery and management of trade confirms, statements, and 1099s; Market Data & Research, which delivers a suite of financial data and investment decision support tools; and Data Integration and Consolidation services that provide financial institutions with direct access to transaction-critical data. The company serves financial professionals, branch managers, home office personnel, and individual investors. Scivantage, Inc. was founded in 2000 and is headquartered in Jersey City, New Jersey with additional offices in Boston, Massachusetts; Palo Alto, California; and Baltimore, Maryland.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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