JPMorgan, Vestmark Announced Managed Account Outsourcing

March 22, 2004 ( - Investment managers and plan sponsors looking to outsource managed account administration have a new alliance between JPMorgan Investor Services and Vestmark to consider.

The partnership was developed to support the wealth management market.   By integrating Vestmark’s technology with JPMorgan Investment Services’ servicing platform, clients will benefit from a flexible, Web-based solution , according to a news release.

The new outsourcing solution includes account opening and closing, ongoing account maintenance, performance reporting, and account reconciliation.