New York, July 11, 2012 – Innovest Systems today announced the opening of an office in Toronto, Ontario. As Innovest Systems continues to expand its trust, custody, and wealth management business, and given Innovest's strong track record in multi-currency accounting and reporting, Innovest is excited to deliver innovative technology, industry expertise, and world-class client service through its InnoTrust GLOBAL offering into the Canadian trust and wealth management marketplace.
"Innovest prides itself on delivering world-class service to its clients. The management team at Innovest feels strongly that the firm should have a presence in Toronto in order to better serve its current and future Canadian clientele," said Gretchen Goode, Innovest Systems' vice president responsible for client service. "By becoming part of the Toronto financial services community, we'll be positioned to better understand and serve our clients."
Matt Mille, a vice president at Innovest responsible for business development said, "Most Canadian trust organizations require multi-currency accounting and must also comply with Canadian federal and provincial tax regulations. Our InnoTrust GLOBAL platform supports these requirements on a highly-efficient, modern-era technology platform. The system is in use and proven in Canada. We look forward to the opportunity to spread this success to other Canadian trust and custody organizations. Through the efficiencies of InnoTrust GLOBAL, we expect to help drive down system vendor costs and contribute to the profitability goals of these organizations."
The office is located at First Canadian Place, 100 King Street West, Suite 5700, Toronto, Ontario.
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, is designed to deliver a secure, integrated, real-time system offered in a Software as a Service (SaaS) environment. Innovest's technology is designed to meet 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.
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Media: Fraylie Nord