Vestmark, a premier SaaS based technology provider of comprehensive portfolio management and trading solutions, announced today the launch of Vestmark Manager Marketplace (VMM), a solution designed to connect asset managers efficiently with sponsors (RIAs, Banks, Broker Dealers) who use third-party management in model portfolio format or in separately managed accounts (SMAs).
VMM represents the next evolution of Vestmark’s “investment platform as a service”, building upon the innovative SaaS and award-winning BPO services leveraged by their clients today. VMM provides sponsors with unprecedented transparency and efficiency for accessing the expertise of third-party managers while providing asset managers with access to broad distribution among advisors through a single contract with the VMM service.
