New York, October 1, 2012 – Inc. Magazine, an online and print publication aimed at entrepreneurs and business owners, released its thirty-first annual Inc. 500|5000 list of fastest growing private companies in America. This marks the second consecutive year that Innovest has ranked as one of the fastest growing private companies in America. From 2006 through 2011, Innovest Systems' revenue grew at a compound annual growth rate of almost 30%. As leaders in the trust and wealth management technology space, Innovest's systems account for assets with an aggregate market value of more than $400 billion.
InnoTrust, Innovest's flagship product, is a highly secure, browser-based, real-time trust and wealth management accounting platform. InnoTrust comprehensively addresses the needs of trust companies, wealth management firms, banks, private banks, retirement plan administrators and others that need to control, account for, and report on assets held in investment, trust, and custody accounts.
"We are thrilled to be recognized as one of America's fastest growing private companies," said William Thomas, Innovest's chief executive officer. "The Innovest team is committed to providing world-class client service coupled with state-of-the-art technology. We take great pride in our role as enablers of innovation in the trust and wealth management marketplace. Our mission is to support our clients in reaching their goals as they compete in a challenging and rapidly changing marketplace."
About Innovest Systems
Innovest Systems is a financial technology firm that provides technology-driven solutions to trust and wealth management companies. With assets worth tens of trillions of dollars transferring between generations over the coming decades, Innovest's flagship product, InnoTrust, is designed to deliver a secure, integrated, real-time system offered in a Software as a Service (SaaS) model. Innovest's technology meets the needs of the world's largest global financial services firms as well as independent trust and wealth management organizations. Innovest is headquartered in New York City. For more information about Innovest Systems, please visit www.innovestsystems.com.
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Media: Fraylie Nord