Vitech

Vitech is a global provider of cloud-native benefit and investment administration software. They help insurance, retirement, and investment clients expand their offerings and capabilities, streamline their operations, gain analytical insights, and transform their engagement models.

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Products and services

V3locity is a powerful investment administration solution that offers fund managers, institutional investors, fund administrators, and advisors alternative investment capabilities in a single, powerful, integrated, cloud-based platform. V3locity’s extensive core admin functions, advanced digital features and fluid configurability make it a truly transformative solution.

Vitech

Category

Portfolio Management

Country

United States of America

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About the business

Vitech develops financial and benefits administration software designed to address the needs of insurance, retirement and investment organisations. The company's software facilitates management of defined benefit, defined contribution and tax-deferred annuity processing, direct insurance as well as funds and investments, thereby enabling pension, investment, insurance and health plan administrators to improve market agility, raise service levels and streamline operations.

History

The company was founded in 1986 by Richard Hart. The company was acquired by CVC Capital Partners through an LBO on July 1, 2019.

About the owners and the team

Vitech is owned by CVC Capital Partners. The company has 1300+ employees and is led by the CEO, Richard Hart.

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