Scivantage Launches Sqope™ Tax, Providing Investors With Tax Management to Improve Portfolio Performance

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A comprehensive set of tax optimization and analysis tools to help investors and advisors minimize tax outflows, allowing for better investment decisions while strengthening client relationships

Scivantage®, a Global FinTech 100 technology provider of Wealth Management and Cost Basis solutions, today announces the release of Sqope™ Tax, a unique, personalized tax management platform to help retail investors and advisors gain greater insight and control over the tax impact of their investment portfolios.

Designed to give clients more confidence when making investment decisions, Sqope Tax provides firms with an array of tax analysis and optimization tools. By delivering innovative tools that give clients the insight into their investment portfolio, firms can show more value to their customers, helping to strengthen and retain the relationships – especially through challenging down markets when tax management plays a unique role. Sqope Tax also assists in retaining assets by minimizing tax liabilities, helping to prevent AUM “leakage” due to outflows required to meet excessive tax payments.

“Sqope Tax was the next logical step for Scivantage’s product suite,“ said Cameron Routh, Chief Commercial Officer, Tax & Analytics at Scivantage. “We’ve always believed cost basis could offer a strategic advantage to brokerages. Proper tax management, which requires real-time knowledge of accurate tax lot cost basis, isn’t intuitive to investors or their advisors. A portfolio that doesn’t manage tax ramifications will yield higher taxes and, over time, vastly underperform on performance returns. Sqope Tax makes it easy for investors and advisors to avoid investment tax pitfalls and maximize after-tax performance.”

Tailored to meet the needs of all types of financial services firms, Sqope Tax seamlessly integrates with any brokerage investment portal, including Scivantage Investor™, allowing firms to promote their brand and enhance their digital client experience.

“Sqope Tax is an ideal example of Scivantage merging our two areas of expertise to create an innovative solution to solve the challenges our clients are facing,” said Chris Calhoun, CEO of Scivantage. “We took our in-depth understanding of cost basis and the data that surrounds it and developed it into a digital wealth management solution that provides clients a unique platform, allowing them to both enhance their value to their end-clients and attract new business to grow their revenues.”

We invite you to learn more about Sqope Tax by joining us at our Sqope Tax webinar on Tuesday, May 24 at 2:00 pm EDT. To register, For additional information, visit our website at or contact Tony Lotharius at +1.646.867.0381.

About Scivantage
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 or contact us at +1.866.724.8268.
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Claudine Martin
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