One of the top goals for many companies in the tech industry is to focus on building a more diverse, equitable, and inclusive workforce. It is also one of our top goals at VentureFizz in terms of helping to support companies on this important mission.
Companies have different approaches as it relates to how they are addressing their diversity, equity, and inclusion goals, so we thought that it would be valuable to profile companies and what they are doing to accomplish their DEI initiatives.
Headquartered outside of Boston, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage customized client portfolios through an innovative technology platform. Supporting over $1.5 trillion in assets and 5.5 million accounts, Vestmark is a trusted partner to some of the largest and most respected wealth management firms.
Please provide a high level statement supporting your DEI mission and objectives?
We have created a healthy workplace that embraces an inclusive environment which celebrates diversity and fairness for all employees. Vestmark is a place where everyone is welcomed, valued, respected and heard.
What is Vestmark doing to attract a more diverse workforce?
We created a DEI committee in 2020 whose mission is to promote diversity, equity, and inclusion. The talent acquisition team has been focused on sourcing candidates from a diverse talent pool and have partnered with several affinity groups. We have also partnered with a DEI industry expert who helped us build out and advise our DEI initiatives. Our talent acquisition team regularly attends diversity training and have conducted training on unconscious bias and belonging. We review all of our job descriptions to ensure inclusive language and have set up our applicant tracking system with scorecards to ensure a fair and equitable hiring process.
What other programs do you have to support your DEI initiatives?
We have launched several programs with support from the DEI committee and employees which include; Lunch and Learn sessions, Women’s Group, employee spotlights, group discussions, Book Club, cultural celebrations, mentorship program and employee required training on unconscious bias and microaggression. In addition, we have donated to charities that were identified by the DEI committee.
Where can I find more information about your Diversity, Equity, and Inclusion initiatives?
On our LinkedIn page or website.
Hear From Our Employees
How does Vestmark support a culture of Diversity, Equity, and Inclusion?
The many different events that Vestmark has organized truly support that. By those events, I learned many things that I didn’t know before. I cannot forget the day that I got to know from a Vestmark colleague that my childhood favorite cake is from East Europe. I also found my favorite Indian food and many common dishes between Chinese and Indian cuisine. I hope this culture could stay and spread to many others.
Du Zhao – Software Engineer
Can you tell me about any programs at Vestmark that support Diversity, Equity and Inclusion?
I lead the Diversity, Equity, and Inclusion committee group of employees that are interested in laying out a diversity plan. Here at Vestmark I can honestly say I feel everyone is treated equally no matter race, gender, age or religion. I will continue to push for everyone to be themselves an celebrate our differences.
Jasmine Harrison – Senior Recruiter
Can you tell me about any programs that support Diversity, Equity, and Inclusion at Vestmark?
"I’m happy to be a part of the Diversity, Equity, and Inclusion committee where we work to host different events on various topics for everyone. Vestmark does a really good job of ensuring that everyone feels included and encouraged to bring new ideas to the table."
Neyda Morales – Senior Product Manager
