WAKEFIELD, MA--(Marketwired - April 06, 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.
About BISA
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
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. As of December 2015, over $500 billion in assets and over 1.5 million investor accounts are managed on VestmarkONE.
Contact Information:
For more information about Vestmark's solutions:
(781) 224-3640
www.vestmark.com