New York, April 30, 2013 – Innovest Systems today announced that InnoTrust has been given a best-in-class designation in core accounting, according to CEB TowerGroup's analysis of trust accounting systems, published in April, 2013.
Innovest Systems' flagship product, InnoTrust, is a secure, integrated, real-time trust accounting and wealth management technology platform provided via a Software as a Service (SaaS) model. By combining InnoTrust's state of the art accounting and reporting capabilities with best of breed providers with complementary capabilities, Innovest delivers a comprehensive technology solution to the trust and wealth management market.
William Thomas, Innovest's chief executive officer, commented, "Innovest is committed to serving forward thinking trust and wealth management professionals. We are focused on creating flexible, integrated tools that allow clients to better serve their markets and grow their business. We are excited to see that the findings in CEB TowerGroup's recent study are in alignment with our view of the trust systems space as a growing market with a need for innovative technology."
Differentiators that identify InnoTrust as a notable core accounting platform include flexible, real-time technology and data availability, ease of third party integration, end-user configurability, and a robust suite of features and functions.
Peter Delano, Senior Director of CEB TowerGroup added, "back office operations are not the only stakeholders for core trust capabilities. Wealth management firms also focus on the front office implications of broad asset class coverage and reporting capabilities."
About Innovest Systems
Innovest Systems, LLC is a financial technology firm that provides technology-driven solutions to trust and wealth management companies. Innovest's flagship product, InnoTrust, delivers a secure, integrated, real-time system offered in a Software as a Service (SaaS) environment. Innovest's technology meets the needs of the world's largest global financial services firms, as well as smaller independent trust and wealth management companies. Innovest is headquartered in New York City. For more information about Innovest Systems, visit www.innovestsystems.com.
Media: Fraylie Nord