Vestmark Named Best-In-Class For Portfolio Management, Accounting Operations And Enterprise Support In Managed Account Platform Report

Wakefield, MA – November 5, 2014 – Vestmark, a leading innovator of advisory solutions and wealth management technology, had its VestmarkONE platform recognized as a best-in-class in the CEB TowerGroup analyst report on Managed Account Platform report. The report named VestmarkONE a best-in-class in three categories, portfolio management, accounting operations and enterprise support.

For their analysis, CEB TowerGroup analysts identified vendors based on expert opinion, product maturity, size of installations, and technological innovation, for wealth management executives to rank on a 5-point scoring system. Vestmark was named Best-In-Class for Portfolio Management, Accounting Operations, and Enterprise Support.

In the CEB TowerGroup analyst report, VestmarkONE ranked particularly high for:

• Reporting
• Portals for financial advisors and asset managers
• Comprehensive and flexible modeling, rebalancing and trade generation
• Trade order management
• Compliance

Utilizing heatmaps and wizards, VestmarkONE provides a visual, user-friendly interface that helps identify accounts and clients that need attention. VestmarkONE also provides comprehensive, flexible trade generation supportive of any type of trading approach an advisor may require, allowing an advisor to immediately trade accounts identified with the VestmarkONE heatmaps. And with secure portals, asset managers are able to upload models to the platform, trade their accounts, and download information to track accounts on their own third-party portfolio management system.

“North American wealth management firms are looking to managed account platforms to provide a high level of portfolio customization that ties to the financial goals of high net worth clients,” said CEB TowerGroup senior director Peter Delano. “At the same time, the platform must provide efficiency benefits through automation of common tasks for front, middle, and back office operations.”

“With VestmarkONE, our clients are able to expand their managed accounts capabilities across all programs, offering client-tailored portfolios while improving operational efficiency and compliance oversight,” said Rob Klapprodt, President of Vestmark. “We’re honored to be recognized by CEB TowerGroup analysts for VestmarkONE’s award-winning achievements. This recognition solidifies our stance as a financial services and technology-driven leader assisting firms in the wealth management industry.”

CEB TowerGroup analysts’ recognition of Vestmark rounds out an outstanding year of accolades for the company which includes the 2014 Stevie®Award for Sales and Customer Service, the BISA Technology Innovation Award, and Family Wealth Report’s ‘Best Risk Management Solution’.

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