VMS Hires New SVP of Sales to Support Growing Reach of VMS Hub and VMS Billing Products
BJ Choi will leverage his 25 years of industry experience to bolster VMS' leadership position in retirement technology space
IRVINE, Calif., Nov. 27, 2018 /PRNewswire/ -- Vertical Management Systems (VMS), a Financeware portfolio company, today announced that it has hired BJ Choi as Senior Vice President of Sales. Choi will focus on supporting the company's overall growth and broadening the reach of both the VMS Hub and VMS Billing products across the retirement industry.
Choi is a veteran in the retirement technology space and brings 25 years of experience helping retirement providers and recordkeepers leverage digital capabilities to modernize their practices.
"As the retirement landscape continues to grow, additional plan providers and recordkeepers are recognizing the operational and financial benefits technology can bring to their businesses," said Kevin Rafferty, CEO of VMS. "BJ understands how this industry works, its pain points, and how our powerful technology can help these companies better manage data, simplify billing processes, and capture more revenue."
Choi joins VMS from Broadridge Financial Solutions, where he served as Vice President of Solutions Strategy and focused on assisting the national account teams, sales specialists, and product managers to help drive sales and enhance the company's solution offerings. He will be based in the Boston area.
"I've spent my career helping financial companies leverage technology to work smarter and provide a superior client experience," Choi said. "I'm thrilled to join Kevin and Chief Revenue Officer, Bob Ward, two proven financial technology veterans, to continue growing the company's leadership position in the retirement market."
About Vertical Management Systems, Inc. (VMS)
Vertical Management Systems (VMS) is one of the nation's leading providers of data, financial networking, and account aggregation technology. For 25 years, VMS has designed, developed, and hosted accounting and securities process-and-control solutions as well as provided data for the largest financial institutions in the United States. VMS' core products include a comprehensive securities data solution, a centralized process-and-control portal, and an innovative revenue-tracking platform. VMS is a NewSpring Holdings portfolio company. For more information, please visit www.vmsholdings.com.
About Financeware
Financeware is the industry's leading fintech platform company focused exclusively on connecting and perfecting the tech infrastructure of the new wealth experience. Established by NewSpring Holdings in 2018, Financeware was born of a need to connect winning solution sets to the fast-moving targets, partners and market relationships playing out across the entire wealth management sector. With a deep history of game-changing wins driven by broad and deep market leadership, the group drives strategic growth of portfolio companies focused in key areas of wealth management, financial advisory, and data management. Learn more at www.financewaregroup.com.
SOURCE Vertical Management Systems, Inc.
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