Vestmark

Request a Demo
Press Release < Back to Press & Events

Vestmark Provides Federated Investors, Inc. with Solution for Distribution of Fixed Income Managed Accounts through Banks and Trust Companies

Wakefield, MA - March 11, 2009 - Vestmark, the leading innovator in the managed accounts technology market, today announced that Federated Investors, Inc. (Federated) has successfully implemented the Vestmark Managed Accounts Platform (VMAP) to support distribution of Federated fixed income managed account strategies through banks and trust companies.

"Vestmark provides the functionality necessary to effectively support our fixed income strategies. They have demonstrated a deep understanding of integrating our financial systems with those used by our bank partners," said Bud Person, director of national sales of Federated's Wealth Management and Capital Markets division. "Establishing the connectivity to distribute Federated's fixed income solutions is groundbreaking. This capability will enable Federated to offer the investment solutions that are desired by banks and trust companies."

"For decades, Federated has been a respected and successful provider of investment management expertise to their bank partners," said Rob Klapprodt, President of Vestmark Software. "Vestmark's deep fixed income modeling and trading capabilities has become a major differentiator for us in the marketplace. We are excited to be working with Federated to help them expand their relationships in the banking world, provide customized fixed income managed accounts, and efficiently grow Federated's assets under management."

Back to Press & Events

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.

Media Contact

Elizabeth Shim
Haven Tower
(424) 317-4861
eshim@haventower.com

Corp. Headquarters
100 Quannapowitt Pkwy
Suite 205
Wakefield, MA 01880
Vestmark Labs
One Kendall Square
Building 200
Cambridge, MA 02139
VestmarkONE Careers Company
Contact

781-224-3640

Support

We are committed to providing superior support to our users so that they can focus on the important work of helping investors reach their financial goals.

Upcoming Events

Terms of Use Privacy Policy VAS FORM CRS VAS FORM ADV

©2024 Vestmark, Inc. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission is prohibited. Vestmark, VAST, and the Vestmark icon are registered trademarks. Other trademarks contained herein are the property of their respective owners. Vestmark believes that the information in this publication is accurate as of its publication date; such information is subject to change without notice.

Vestmark Advisory Solutions, Inc. (“VAS”), a wholly-owned subsidiary of Vestmark, Inc., is an investment advisor registered with the U.S. Securities and Exchange Commission (“SEC”). VAS acts as a paid sub advisor and/or overlay portfolio manager offering VAST and tax optimization services. Registration does not imply a certain level of skill or training. VAS has its principal place of business in Wakefield, MA. Investing involves risk. The value of an investment will fluctuate over time, and an investor may gain or lose money. Past performance is no guarantee of future returns and individual investor results will vary. Please consult our full disclosure document for a discussion of risks related to the services provided by VAS.