Scout Investment Advisors Selects Vestmark's Platform to Support SMA Business

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Thu Apr 22, 2010 8:01am EDT

  KANSAS CITY, MO, Apr 22 (MARKET WIRE) -- 
Scout Investment Advisors, a subsidiary of UMB Financial Corp. and a
national investment management firm, announced today that they have
selected the Vestmark platform to support their growing SMA business. 

    "There is growing demand for Scout's investment expertise and we needed a
platform that would support our growth and expansion into separately
managed accounts," said Scott Betz, Chief Administrative Officer for
Scout Investment Advisors. "Vestmark offers a robust solution that will
allow us to ensure our investment strategies are efficiently tailored and
applied to each individual investor account."

    Vestmark's platform automates many of the labor-intensive processes
associated with managed account trading and administration, including
order management and compliance, and makes sure that they are done
accurately and resourcefully. By selecting Vestmark's state-of-the-art
platform, Scout Investment Advisors will benefit from a flexible,
web-based solution that helps save them time, money and resources.

    About Scout Investments

    Scout Investment Advisors, Inc. is a subsidiary of UMB Financial
Corporation. The firm is located in Kansas City, Missouri and adheres to
a management philosophy focused on long-term quality investing. Through
this approach, specific research methodology and portfolio managers'
unique expertise are combined to identify target investments based on the
highest standards and criteria. Scout Investment Advisors, Inc. is a
responsible, prudent investment organization striving to generate
long-term returns and help achieve individual and institutional
investors' objectives. Additional information about Scout Investment
Advisors, Inc. and its full line of products can be found at
www.scout-ia.com.

    About Vestmark

    Vestmark provides the most comprehensive, real time technology platform
for integrating portfolio management and back office functions to
dramatically improve trading and operational efficiency for investment
mangers, RIAs, broker-dealers, bank trusts and other financial firms.
Leveraging our simple to implement, easy to use solution, Vestmark's
experienced team works closely with clients to implement tailored
solutions incorporating best practices that enhance revenues, increase
scalability and reduce compliance risk. For more information about the
Vestmark Platform solutions, please call 781-224-3640, email
inquiry@vestmark.com, or visit www.vestmark.com.

    

For more information:
Vestmark
781-224-3640
inquiry@vestmark.com
www.vestmark.com 

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