JHC Systems, a UK-based wealth management technology firm, has joined forces with American fintech firm Vertical Management Systems (VMS) to offer customers access to market data.
VMS will offer a range of financial data through JHC Figaro and JHC Neon platforms.
The fintech firm said that the collaboration marks a “significant step” in its strategy of expanding its European and Middle East and North Africa client base. At the same time, the partnership will enable JHC to increase its access to the US, VMS said.
JHC chief revenue officer Ed Lopez said: “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.”
VMS chief revenue officer Bob Ward added: “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.”