Vestmark And FLX Distribution Declare Strategic Partnership...

Vestmark And FLX Distribution Declare Strategic Partnership Expanding Access For Both Asset Managers And Wealth Managers

Capital Markets CIO Outlook | Monday, June 21, 2021

John Lunny, CEO, Vestmark

Vestmark, a major provider of portfolio management tools and trading software, adds a multitude of resources to the collaboration via its extensive network of broker-dealer and asset manager clients, as well as efficiency and scalability via its outsourced services and solutions.

FREMONT, CA: Vestmark and FLX Distribution has declared a strategic partnership, bringing to market a robust set of complementary offerings that deliver on a joint mission to provide clients with innovative solutions to grow and improve their businesses.

Vestmark, a major provider of portfolio management tools and trading software, adds a multitude of resources to the collaboration via its extensive network of broker-dealer and asset manager clients, as well as efficiency and scalability via its outsourced services and solutions. FLX Distribution, the Resource and Asset Management Platform (RAMP) that is revolutionizing the distribution experience among asset managers, wealth managers, and advisors, provides a complementary set of resources to Vestmark's services, providing asset managers with a scalable and flexible solution set to implement their wealth management distribution strategy. Together, they offer unrivaled access, information, and flexibility.

The Vestmark-FLX partnership's power is reinforced by the two organizations' complementary competencies, which are rooted in shared business principles and common constituents encompassing asset managers, wealth managers, distribution specialists, and advisers. These include the provision of cost-effective, best-in-class solutions and services that can improve a company's performance and bottom line, ranging from back-office services to sophisticated and scalable trading and rebalancing tools, model delivery, connection to distribution firms and the FLX Data Vault and Solutions Providers network.

"Vestmark brings rapid time to market with low-effort deployment, the ability to leverage our outsourced back office operations servicing team and seamless connectivity to distribution platforms. We are thrilled to partner with FLX to enable firms to rapidly take these operational capabilities to the next step in terms of scalable and effective promotional activities," stated John Lunny, CEO of Vestmark. "FLX can help our client firms develop product and distribution strategies optimizing their leverage of Vestmark's unique personalization and tax management capabilities."

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