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Vestmark Nominated For Three Categories in FTF News Technology Innovation Awards 2016

Wakefield, MA - March 10, 2016 - Vestmark, a leading innovator of wealth management technology solutions, announced today that VestmarkONE® and Vestmark BPO (Business Process Outsourcing) have been shortlisted in three separate categories in the Technology Innovation Awards 2016.

Vestmark’s BPO service was nominated for two awards: Best Outsourcing Provider and Best Corporate Actions Processing Solution. Vestmark’s BPO service has helped clients lower their operational overhead, reduce their operational risk, and improve the accuracy and timeliness of critical back and middle office processes. By leveraging Vestmark’s flexible and transparent BPO service, clients have been able to focus on achieving business growth and scaling their resources appropriately in areas that build competitive advantages. A critical component of the outsourcing service is corporate actions processing. Vestmark’s service handles mandatory and voluntary corporate actions, processing all simple and complex corporate action events. As of December 2015, Vestmark BPO has over $40 billion in assets under administration.

Vesmark’s Unified Wealth Management® platform was also nominated for Best Client Reporting solution. VestmarkONE’s reporting functionality offers timely, customizable client reports, helping firms meet growing internal and external demand for real-time information delivered within a compelling user experience. The powerful reporting engine is supported by VestmarkONE’s high-speed, patented reconciliation engine which rapidly synchronizes disparate data sources to improve data accuracy.

The sixth annual Technology Innovation Awards recognize the professionals, financial technology vendors, service providers, industry bodies and regulators who have made significant strides and noteworthy achievements in operational excellence during 2015.

Voting on the nominees will run through March 21st, and the winners will be announced on April 18th, followed by an awards presentation and gala dinner that will be held in New York City in May. To vote for Vestmark, please visit the FTF News Awards website.

“It’s an honor to once again be recognized as a leading solution provider by the FTF News Innovation Awards,” said John Lunny, CEO of Vestmark. “Vestmark has a strong track record of helping our clients differentiate and grow their wealth management lines of business in an age of heightened regulatory scrutiny and increased demand for greater transparency. These nominations are a reflection of the dedication that we provide to our clients and to the investment management industry as whole.”

Details about the Technology Innovation Awards and the list of nominees for each category are available on the FTF News website.

The Technology Innovation Awards honor achievement in 2015 via 25 industry-specific categories and one Editor’s Choice award. Qualified voters select the winners from the nominees who were chosen by their peers. Learn more about the Technology Innovation Awards on the FTF News website.

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About Vestmark

Headquartered in Wakefield, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage customized client portfolios through an innovative technology platform. Supporting over $1.5 trillion in assets and 5.5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640 or visit www.vestmark.com.

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