Refinitiv has acquired Scivantage to strengthen its digital wealth management offering.
Scivantage was founded in 2000 and is based in New Jersey.
Refinitiv can now use Scivantage’s wealth management offering Wealthsqope.
It will also use tax information reporting tool MaxitE2E.
What does this mean?
The acquisition should strengthen Refinitiv’s wealth management portal’s service offering. The two businesses will work together to create “next generation” wealth management solutions that enhance the overall customer experience.