Vestmark Named ‘Best Risk Management Solution’ by Family Wealth Report

Wakefield, MA – March 19, 2014 – Vestmark, a leading innovator of advisory solutions and wealth management technology, was named ‘Best Risk Management Solution in Wealth Management’ by the 2014 Family Wealth Report. Vestmark was awarded for its rules-based compliance and risk management system within its wealth management platform, VestmarkONE.

VestmarkONE’s rules-based system allows firms to define firm-level, advisor-level, and investor-level compliance rules and client-specific investment policy considerations. All rules are evaluated on a pre-trade basis to prevent unintended trades from occurring, and VestmarkONE performs continuous surveillance across all portfolios to assess compliance with all rules on a post-trade basis. VestmarkONE also includes a series of alerts and graphical heatmaps to surface portfolios that require attention as well as additional tools to efficiently take action to correct any problematic situations.

The 2014 Family Wealth Report Awards were presented to honorees at a gala dinner on March 13, 2014 at the Metropolitan Club in New York. The Family Wealth Report Awards are built on the success of their established worldwide awards program, events business, and Family Wealth Report’s unique position in the global wealth management market. Winners were determined by a judging panel of specially convened experts drawn from private banks, trusted advisors, and expert third-party organizations.

“This recognition is a testament to the high level of investment and ongoing development we pour into our technology platform, VestmarkONE. VestmarkONE is uniquely designed to support both the complex needs of the ultra-high-net worth segment and the advisors who serve them, and the scalability demands of delivering customized investment solutions to all investor segments,” said Rob Klapprodt, President of Vestmark. “We are pleased to have our company and platform recognized by the expert team of judges assembled by the Family Wealth Report.”

Details about the Family Wealth Report Awards and a list of winners in all categories are available here.

About Family Wealth Report:
Family Wealth Report is the premier news and analysis source for the family office and wealth management community. Family Wealth Report provides "need to know" business intelligence in a convenient and easy-to-read format straight to subscribers' inboxes every day. Nowhere else will you find such high quality, in-depth, and often exclusive content all in one place. Family Wealth Report content comes from both their own dedicated editorial team as well as leading industry professionals, helping subscribers stay on top of all the important developments relating to wealth management, family offices, and the HNW/UHNW sectors in North America. For more information, visit www.fwreport.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.

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Elizabeth Shim
Haven Tower
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