Vestmark Embeds MicroStrategy Technology into Financial Services Solution
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Vestmark, an enterprise software company providing managed accounts solutions to the financial services industry, has entered into an OEM agreement with MicroStrategy
McLean, Va., (February 09, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Vestmark, an enterprise software company providing managed accounts solutions to the financial services industry, has entered into an OEM agreement with MicroStrategy. Vestmark has embedded MicroStrategy technology into its Managed Accounts Analyzer solution, enabling clients to report on and analyze sales of their investment products across disparate distribution channels.
Using MicroStrategy, Vestmark’s clients can collect, analyze, and report on their investment product data. Vestmark’s Managed Accounts Analyzer with MicroStrategy enables investment managers to drill into data and analyze it by product, sponsor firm, date, account activity, geographic region, and other key metrics. Vestmark’s clients use this valuable information to monitor the sales of their investment products and to make more informed decisions related to marketing strategies and profitability.
“We chose MicroStrategy over the other solutions because its Web interface is the most advanced thin client Web solution we have seen,” said John Lunny, COO of Vestmark. “Vestmark’s solutions help our clients attract new assets, reduce operational costs, and increase the overall profitability of their managed accounts business. MicroStrategy’s innovative and flexible technology makes them a great partner and provides our clients with the complex analytical capabilities they require.”
“We are excited to be part of Vestmark’s sophisticated Managed Accounts Analyzer solution for the financial industry,” said Shankar Ganapathy, MicroStrategy’s Vice President of Channels. “MicroStrategy’s analytical richness and intuitive Web interface are well-suited to provide Vestmark’s clients with the detailed analysis of granular-level data they require to make knowledgeable decisions about their investment products.”
About Vestmark
Vestmark, Inc. is an enterprise software company providing managed accounts solutions to the financial services industry. The Vestmark management and engineering teams include the founders and key technologists from several highly successful companies spanning the portfolio management, investment analytics, business intelligence, personalization, and content management industries. Through innovative workflow and integration capabilities, Vestmark delivers efficiency, flexibility, and scalability to the front- and back-offices of investment managers, sponsors, and service providers. Vestmark supports a range of managed account products, including traditional separately managed accounts (SMAs), multi-style portfolios (MSPs, MSAs, DMAs, etc.), and unified managed accounts (UMAs). Vestmark solutions enable its clients to attract new assets, reduce operational costs, and increase the overall profitability of their managed accounts business. Founded in 2001, Vestmark, Inc. is headquartered on Route 128 due north of Boston, Mass. For more information, please visit its Web site at www.vestmark.com or send e-mail to info@vestmark.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy