Vestmark Recognized for 2016 BISA Technology Innovation Award

Wakefield, MA - April 6, 2016 - Vestmark, a leading innovator of wealth management technology solutions, announced today that the company has received the BISA award for “Best Technology Innovation.” This award distinguishes Vestmark’s pioneering approach to proposal generation and the company’s outstanding commitment to helping wealth managers provide seamless advice to their clients with robust technology tools.

In order to effectively compete and exceed the rising expectations of clients, today’s advisor needs to build an understanding of their clients’ unique investment goals and communicate a proposed portfolio designed to meet the clients’ needs. Vestmark’s latest proposal generation functionality enables advisors to easily profile investors and create portfolios based on investor goals, risk profile, and investment style which leverage the breadth of products and programs available within the firm. The module is embedded within Vestmark’s market leading VestmarkONE platform with seamless access to portfolio construction, sleeve level accounting, trading, rebalancing, and reporting, enabling advisors to efficiently customize, implement, monitor, and report an investment plan with a single solution.

“The BISA Technology Innovation award underscores the development effort we have put toward helping advisors focus on their business growth,” said John Lunny, CEO of Vestmark. “Our recently launched Tailored Advisory Portfolio (TAP) functionality enables our clients to support any set of investment vehicles. This component, coupled with our latest proposal generation functionality, is game changing for many advisors who spend hours belaboring manual proposals. With the right proposal generation tool at their fingertips, advisors can easily create an investment proposal that outlines where they will add value for their investors, accelerating the client onboarding process, and overall business growth.”

The BISA Technology Innovation Award is designed to recognize leadership in the advancement of the financial services industry’s products, services and platforms through technology innovation. This award highlights companies for their commitment to advancements in technology-based solutions for the industry with products launched in 2015, and was presented to honorees during the 2016 Annual Convention on Wednesday, March 16 at the Diplomat Resort and Spa in Hollywood, FL. The BISA Annual Convention is the industry’s premier event designed to bring together bank insurance and investment professionals nationwide to experience four days of exclusive networking opportunities and success-driven education.

Details about the BISA Technology Innovation Award can be found on the BISA website.

The Bank Insurance & Securities Association is the leading financial services industry association dedicated to serving those responsible for the marketing, sales, and distribution of securities, insurance, and other financial products and advisory services through the bank channel. Member companies include depository institutions of all sizes, their broker/dealer and mutual fund subsidiaries, third-party marketing companies, product manufacturers and firms providing products, technology or services to support these enterprises. For more information on BISA, please visit the BISA website.

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
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