April 24, 2014 6:32 PM ET

Internet Software and Services

Company Overview of Vestmark, Inc.

Company Overview

Vestmark, Inc. provides VestmarkONE, a wealth management platform that offers technology to enable broker dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver wealth management and a range of advisory solutions. Its Custodial and Trading Network provides connectivity and automated processing with custodians and brokerage platform spanning various areas of connectivity, including account opening/administration, trade routing and execution, allocation processing, and reconciliation. The company also offers VestmarkONE Advisor, a solution that empowers financial advisors to manage fee-based advisory accounts and monitor their book of business in real-time; manag...

100 Quannapowitt Parkway

Suite 205

Wakefield, MA 01880

United States

Founded in 2001

Phone:

781-224-3640

Fax:

781-224-3641

Key Executives for Vestmark, Inc.

Chief Executive Officer and President of Vestmark Solutions
Chief Financial Officer
President of Vestmark Software
President of Managed Portfolio Advisors
Chief Architect and Chief Technology Officer
Compensation as of Fiscal Year 2013.

Vestmark, Inc. Key Developments

Cambiar Investors Selects Vestmark Business Process Outsourcing Service to Support its Managed Accounts Initiatives

Vestmark announced Cambiar Investors has selected Vestmark Business Process Outsourcing (BPO) service to support the growth of its separately managed accounts business. The Vestmark BPO service is a business process outsourcing solution that allows broker-dealers, banks, investment managers, and advisors to outsource middle- and back-office administrative and operational functions. Vestmark BPO is provided to support firms that use VestmarkONE, a unified wealth management platform offering comprehensive, real-time technology that enables a wide range of financial firms to deliver holistic wealth management and a full range of advisory solutions. Cambiar Investors is an investment management firm that manages portfolios for its clients across multiple asset classes including Large Cap, Small Cap, SMID, International and Global. Vestmark BPO will enhance Cambiar's operational efficiency across these strategies by automating many of the labor-intensive processes associated with managed account trading and administration, including compliance, account administration, reconciliation, and portfolio composite performance management. With Vestmark BPO performing these middle- and back-office functions, Cambiar can focus on portfolio management and trading across the distribution relationships that will be consolidated on VestmarkONE.

Center Coast Capital Advisors, LP Selects Vestmark Business Process Outsourcing Service to Support its MLP SMA Program

Vestmark announced Center Coast Capital Advisors, LP's selection of Vestmark Business Process Outsourcing (BPO) service to support and scale its growing master limited partnership (MLP) separately managed accounts (SMA) business. Center Coast provides MLP SMAs that are comprised of a custom portfolio of publicly-traded securities in the energy midstream infrastructure sector. Vestmark BPO has enhanced this program by automating many of the labor-intensive processes associated with managed account trading and administration, including order management, compliance, account administration, reconciliation, and portfolio composite performance management, all while ensuring they are done accurately and resourcefully.

Vestmark Launches Business Process Outsourcing Service

Vestmark announced the general availability of its Business Process Outsourcing (BPO) service. This new service will allow firms to flexibly outsource middle- and back-office operational functions to Vestmark, enabling firms to focus on their core competencies and business needs. Vestmark BPO provides middle- and back-office administrative and operational services to support the VestmarkONE wealth management platform on behalf of Vestmark's clients. Leveraging the VestmarkONE wealth management platform, available Vestmark BPO services include: Account Inception Document Management and Archiving; Reconciliation with all sponsor/custodial platforms; Trade Order Routing; Order Generation; Post-trade Settlement; Corporate Action Processing; Performance Measurement; Composite Management; Client Reporting and Fulfillment; Billing and Invoice Generation.

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