Vertical Management Systems (VMS), a Financeware business unit and leading provider of data and business intelligence technology, today announced that it has promoted Marguerite Peters to President. Peters will focus on leveraging her deep, operational expertise to oversee the company’s continued expansion of its three core products: VMS Data, VMS Hub, and VMS Billing.

Over the past year as COO of VMS, Peters has made tremendous strides in the areas of operations and technology. In her new role as President, she will continue to oversee these areas with an increased focus on driving performance and new growth initiatives.

“As we continue to experience considerable increases in the number of clients we support, Marguerite will be instrumental in managing our expanding business opportunities and ensuring the success of our customers,” said Kevin Rafferty, CEO of Financeware.

Prior to joining VMS, Peters held executive leadership positions at Backstop Solutions Group and SunGard. She is a veteran in the financial technology space and brings 25 years of experience in brokerage, retirement and trust operations, as well as client delivery of services and software.

“I look forward to continuing our efforts to optimize VMS’ operational performance – with a focus on maximizing productivity, efficiency, and revenue growth – as we capitalize on expanding business opportunities in 2019,” said Peters. “At VMS, we are fortunate to have clients who are true business partners; sustaining these relationships will continue to be a top priority.”

About Vertical Management Systems, Inc. (VMS)

Vertical Management Systems (VMS), a business unit of Financeware, is one of the nation’s leading providers of data, financial networking, and account aggregation technology. For over 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. 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.financeware.com.