Wealth management fintech firm, JHC Systems (JHC) has announced today that it has partnered with US fintech firm Vertical Management Systems (VMS) to provide customers with high quality and efficient market data.
As more wealth managers diversify portfolios, it’s becoming more important that they can access the global data they require to make sophisticated investment decisions.
VMS will provide a full range of financial information through Figaro and Neon allowing clients to fully integrate their market data needs. The partnership is a significant step for the US based market data provider which is looking to increase its European and MENA client base. In turn JHC will increase its access to the US and deliver significant advantages for clients with global interests, as well as an alternative to existing providers.
Bob Ward, Chief Revenue Officer at VMS says: “JHC’s global and well-established position in the market has made them a clear partner of choice for us. We already have a strong presence in the US, particularly in the retirement (pensions) and asset management sector, and now this partnership will allow us to extend our global wealth management customer base. We believe that this new capability will offer real advantages to clients, integrating our market data through JHC’s technology will help firms to streamline their operations and give a much greater level of oversight.”
Ed Lopez, Chief Revenue Officer at JHC added: “As our clients become more global, we need to follow suit and ensure that we are offering as diverse a range of services as possible. Our partnership with VMS will give our customers access to comprehensive market data through our trusted platforms, eliminating the need for clients to outsource this service separately. Hot on the heels of our agreement with Thomson Reuters, this latest partnership sees JHC continue our global push and will further our reach in the American market.”