Vestmark Inc., a financial software solutions company headquartered in Wakefield, Mass., has promoted Steve Camp to managing director of Vestmark Advisory Solutions (VAS), according to a news release.

Camp joined Vestmark in 2013. Prior to his new role, he was responsible for Vestmark’s business process outsourcing team. Camp has over 25 years of industry experience, including as co-founder of ASI Consulting.

Camp succeeds the firm’s founders, David Littleton and Alex Morris, who launched VAS in 2017. Camp’s promotion will enable Littleton and Morris to focus on F/m Acceleration, a new firm they are launching as a platform for breakaway asset managers, the release said.