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Vanguard Selects Scivantage Maxit[TM] For Automated Cost Basis Reporting.

Publication: Business Wire
Publication Date: 30-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Leading Investment Management Firm to Offer Sophisticated Tax Management and Portfolio Reporting Capabilities to their Mutual Fund and Brokerage Clients

JERSEY CITY, N.J. -- Scivantage, a leading provider of Web-based, front- and middle-office technology solutions to the financial services industry announced today that Vanguard, one of the world's largest investment management companies, has selected Scivantage Maxit to provide automated cost basis reporting and tax management capabilities to their mutual fund and brokerage clients.

Maxit will be available as an integrated solution on Vanguard.com, supporting Vanguard's shareholder and brokerage services platforms. Through Maxit, Vanguard will be able to provide its mutual fund and brokerage clients with a full suite of online tools to track capital gains, generate IRS...



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