Vestmark Joins the American Banking Association

Wakefield, MA - Dec 5, 2012 - Vestmark, a leading innovator of advisory solutions and wealth management technology, today announced it has joined the American Bankers Association® (ABA).

Founded in 1875, the ABA represents banks of all sizes and charters and is the voice for the nation's $14 trillion banking industry and its two million employees. Combining industry experience, insights and in-depth expertise, the ABA strives to help strengthen the banking industry and communities they serve.

"Increasingly Vestmark has been providing wealth management technology solutions to banks and leading investment managers that offer subadvisory services to banks and their wealth management clients," said Rob Klapprodt, President of Vestmark. "Open architecture wealth management programs are growing rapidly and represent a tremendous opportunity for banks. Vestmark has developed unique capabilities to accommodate the evolving role of trust officers and client-facing investment professionals for banks seeking to capitalize on their wealth management opportunity." Mr. Klapprodt continued, "By joining ABA, we hope to deepen our relationships in the banking community as well as our understanding of the issues facing banks. We look forward to opportunities to provide ABA and member firms with our thought leadership on best practices in wealth management."

About American Banking Association:
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation's $14 trillion banking industry and its two million employees. Learn more at www.aba.com.

About Vestmark

Headquartered in Wakefield, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage customized client portfolios through an innovative technology platform. Supporting over $1.5 trillion in assets and 5.5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640 or visit www.vestmark.com.

Media Contact

Elizabeth Shim
Haven Tower
(424) 317-4861
eshim@haventower.com