Legent Clearings Advanced Correspondent Broker Workstation Goes Live Powered By Scivantage Professional™, Featuring Kenameas Alerts Functionality
NEW YORK –– (BUSINESS WIRE) – Dec. 1, 2005 –– Scivantage, the premier provider of web–based, front–and middle–office brokerage solutions with a proven commitment to quality service, today announced that Legent Clearings advanced broker workstation platform available to its correspondents has gone live powered by Scivantage Professional. The workstation, which features sophisticated account aggregation and querying tools as well as advanced trading capabilities, also includes an innovative alerts functionality powered by Kenamea, allowing users to see realtime, user–defined conditions such as order executions and trade conditions in a separate, controllable view.
"We are extremely excited that Legent Clearing has selected Scivantage as their partner in this project," said Adnane Charchour, Scivantages President and CEO. "By choosing the Scivantage Professional product, Legent Clearing gives its correspondents access to the cutting edge in broker productivity technology."
By implementing the Scivantage solution, Legent Clearing now offers its brokers and correspondents a user–friendly website with superior navigation and functionality with minimal disruption. The site also features custom functionality and integration to the BETA back office.
"We selected Scivantage to create a very unique broker workstation," said Jeff Sime, President of Legent Clearing. "We are able to marry products Scivantage has already developed like account opening, initiating money movement and automated review and release with a partnership with Kenamea to provide messaging. The result is a broker workstation that contains a robust front–end in terms of account views and complex trade entry, with a powerful middle office. The workstation will be the premier in the industry in terms of the functionality that will be provided to the broker in a very user friendly package."
Web–based and accessible anytime, anywhere, Scivantage Professional provides your firm the most comprehensive broker desktop available. Scivantage Professional offers the most intuitive tools and advanced functionality including: a customizable accounts dashboard aggregated by account, household, or registered representative; user–defined, realtime alerting functionality; stock, complex option and mutual fund trading screens with multiple and cross–account order generation and advanced order entry management; comprehensive search screens; money movement; reporting; realtime market data; watchlists and a logical workflow. Scivantage Professional also seamlessly interoperates with all major back–office system systems.
About Legent Clearing
Legent Clearing is a leading independent provider of correspondent clearing services. Since its founding in 2002, Legent has grown rapidly as a result of its unique combination of independence, best–of–breed technology and ability to offer customized solutions for the unique needs of each of its customers. Legent provides access to investment products such as equities, mutual funds, foreign securities, fixed income investments, prime brokerage, options, annuities, DVP/RVP and WRAP accounts through a variety of online tools and platforms. Legent Clearing, a wholly owned subsidiary of Legent Group, is headquartered in Omaha, Nebraska. For more information about Legent Clearing, please visit the company website at http://www.legentclearing.com.
About Kenamea
Kenamea is the leading provider of Advanced Notification Management Solutions to the Financial Services Market. Today, more than 100,000 users from more then 40 customers rely on Kenameas ENS(R) software to deliver, manage, and track there business critical notifications from origination to resolution. Kenameas software enables companies to equip their executives, distributed workforce, correspondents and partners with a new class of highly interactive applications that result in dramatic productivity gains, improved customer relationships and increased operational efficiencies. Kenamea is headquartered in San Francisco, with offices in New York, Washington D.C. and Boston. For more information about Kenamea, please visit the company website at http://www.kenamea.com.
About Scivantage
Scivantage is the premier provider of web–based, front– and middle–office brokerage solutions with a proven commitment to quality service. Leveraging your existing back office, Scivantages easy, affordable and stable platforms automate manual functions and integrate fundamental content into one fully customizable, straight–through–processed interface, and add value to your broker and investor offerings. Scivantages superior functionality, scalability and reliability, and a turnkey implementation, increase your productivity while lowering your total cost of ownership.
Scivantages applications include retail online trading, broker productivity suites, interactive voice response (speech) processing, automated money management, account opening, institutional trade processing, order routing, workflow, rules–based processing (eDecision), risk management, clearing and execution integration, eDelivery, compliance, Patriot Act, OFX tools and brokerage operations automation, as well as a complete professional services offering.
Founded in 2000 and headquartered on Wall Street, Scivantage services leading Fortune 100 brokerage and financial institutions, with hundreds of thousands of successful implementations. Contact us to find out how global and regional financial institutions, as well as smaller securities firms, use our systems to save money, lower risk, and provide better service to their clients. Learn more at www.scivantage.com, via e–mail at info@scivantage.com, or by calling 866–SCIVANTAGE.
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