VendEx Solutions, a San Francisco-based SaaS company with offices in London, New York, and Charleston, SC, has spun off from International Solutions Network, Consulting Company (ISN) with the aim of ‘redefining the tools for market data and vendor managers in the financial services sector’.
VendEx Solutions was created by ISN in the wake of ISN’s 2017 launch of a new consulting vertical called VendorScape, a top down-bottom up approach to vendor rationalisation. In the course of its engagement with large institutional clients, ISN identified the need to deploy technology to manage the large scale tasks managed by data and vendor management teams. To address this market opportunity, ISN assembled a team of senior executives with decades of experience from institutions including the largest fintech vendors and large global financial services to launch VendEx Solutions.
“We created VendEx Solutions as a means of rapidly bringing to market integrated product suites that enable financial services firms to effectively, efficiently, and productively manage their growing fintech vendor portfolios,” says Richard Clements (pictured), CEO of VendEx Solutions and Senior Managing Partner of ISN. “We’re excited to be working with industry partners to develop definitive tools to meet industry challenges around the management of complex fintech vendor contracts and life cycles, in an ecosystem where the emergence of so many new technologies, coupled with increased regulation, have together produced unprecedented opportunity.”
VendEx Solutions has also joined the Investment Association’s Velocity program as a Fintech Member. Velocity is designed to identify, develop and accelerate best in class firms with innovative solutions, facilitating the adoption of technology within asset management and capital markets.
