Marlborough Stirling becomes Vertex Financial Services

Acquired earlier this year by Vertex Data Sciences, part of FTSE 100-listed United Utilities, the name change reflects the parent’s aim of extending business processing outsourcing capabilities into new markets. Also announced is the appointment of Andrew Colvin as managing director of VFS’ Life and Pensions business unit, effective from 14 November – where he joins from a previous position as UK head of insurance at software and services provider EDS. The Exchange has “delivered solutions for 11 new multi-ties and protection panels for key distribution partners” since being acquired ...