Vestmark Recognized as a Finalist in Three FTF News Technology Innovation Awards Categories
Vestmark, a leading innovator of wealth management technology solutions, announced today that VestmarkONE and Vestmark BPO have been nominated in three separate categories in the 2015 FTF News Technology Innovation Awards.
VestmarkONE was nominated for ‘Best Client Reporting Solution’ and for ‘Best IBOR solution.’ This unified wealth management platform includes a scalable, high-speed client reporting system with a wide-range of customizable client-ready reports, yielding increased efficiency and enabling advisors to deliver a first class experience to their clients. VestmarkONE also maintains an investment book of record (IBOR) throughout the trading day in real-time, with the capability for a sleeve-level IBOR that allows firms to distribute portfolio management and trading discretion to multiple parties while ensuring portfolio-level mandates and compliance rules are enforced.
Nominated for ‘Best Outsourcing Provider,’ Vestmark BPO supports the VestmarkONE wealth management platform by allowing clients to flexibly outsource middle- and back-office administrative and operational functions so they can focus on their core competencies and business needs. With Vestmark BPO, middle- and back-office processes are supported by a web-based workflow system which provides transparency into outsourced operations and enables seamless interaction between internal teams and Vestmark BPO.
The fifth annual FTF News Technology Innovation Awards recognize professionals, financial technology vendors, service providers, industry bodies and regulators who have made significant strides in operational excellence throughout the year.
Voting on the nominees will run through March 25th, and the winners will be announced on April 21st, followed by an awards presentation and gala dinner that will be held in New York City on June 2nd.
“For 2015, there were more than 250 quality nominations from FinTech providers offering solutions and services for all things middle- and back-office,” said Maureen Lowe, president and founder of Financial Technologies Forum and publisher of FTF News.
“Vestmark is delighted to be recognized by the Financial Technology Forum, the insightful industry forum for post-trade processing, for our platform’s capabilities and our innovative service model,” said Rob Klapprodt, President of Vestmark. “VestmarkONE and the Vestmark BPO service solve fundamental challenges commonly faced by wealth management firms today, providing greater efficiency while enhancing the client relationship. These nominations further highlight Vestmark’s continued dedication to innovation and solving industry challenges.”
Details about the Technology Innovation Awards and the list of nominees in all categories are available at www.FTFNews.com.
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