SOURCE: Vestmark, Inc.

Vestmark, Inc.

November 05, 2014 09:30 ET

Vestmark Named Best-In-Class for Portfolio Management, Accounting Operations and Enterprise Support in Managed Account Platform Report

WAKEFIELD, MA--(Marketwired - Nov 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. 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.'

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About VestmarkONE
VestmarkONE is a comprehensive, real-time unified wealth management technology solution that enables firms to deliver wealth management services and a full range of advisory solutions, including SMA, UMA, and UMH systems. It supports multiple business models, including model-only programs, open architecture programs, and advisor-discretionary programs, intended to give each client a tailored SaaS solution that focuses on gathering assets. It has been integrated with more than 100 different third party systems, including brokerage systems, trust accounting, and trade execution providers, working primarily with banks, broker-dealers, investment managers, and other wealth management firms.

About Vestmark
Vestmark provides VestmarkONE, a unified wealth management platform offering comprehensive, real-time technology that enables broker-dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver holistic wealth management and a full range of advisory solutions. Vestmark's experienced team works closely with clients to implement tailored solutions incorporating best practices that help firms gather more assets, increase efficiencies, and minimize operating risks.

For more information about Vestmark's solutions, call (781) 224-3640, email, or visit

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