March 10, 2015 – New York, NY – CIO Review, an enterprise technology magazine geared towards executives in a variety of industries, has named Innovest one of 20 most promising banking technology solution providers of 2015. Innovest was awarded the distinction for its innovation in financial technology, leadership in data security, client satisfaction levels, and data analysis capabilities.
Innovest is a provider of modern-era technology services delivered to banks, trust companies, retirement services providers, and other financial intuitions. Innovest’s mission is to provide technology solutions that help empower clients to acquire new customers and assets, invest customers’ assets effectively, manage trust and investment portfolios efficiently, and flexibly report results back to customers. InnoTrust, Innovest’s flagship trust accounting and wealth management platform, gives clients capabilities such as securities processing, portfolio modeling, and client on-boarding. InnoPay, Innovest’s retirement payment processing platform, processes over 4 million payments annually.
William Thomas, Innovest’s chief executive officer, said, “We are honored to be included in CIO Review’s listing of the 20 most promising banking technology solution providers. Our team works hard to provide truly innovative financial technology solutions that give clients an advantage in growing their businesses and delivering top quality service to their customers. Financial institutions face an ever-changing regulatory landscape and increasing client demand for greater accessibility and mobility. We look forwarding to continuing to provide our clients with flexible, secure, and modern technology platforms and services that meet these evolving needs.”
Innovest recently announced that it has also been named as one of Inc. Magazine’s Fastest Growing Private Companies in America. Over the past several years, Innovest has expanded both its product offerings and client list. In addition to a full-service payment solutions platform, Innovest has also added a fulfillment services division handling a range of print capabilities such as retirement plan distributions, customer statements, and participant communications. Custody, mobile applications, customer relationship management, and investment policy statement generation are also among the list of product expansions now available to Innovest customers.
Innovest is a leading provider of financial technology solutions delivered to forward-thinking trust, wealth management, and retirement professionals. Innovest's solutions empower its clients to acquire new customers, invest assets effectively, manage trust and investment portfolios efficiently, and flexibly report results to customers. Innovest has over $425 billion in assets under administration on its trust and wealth management platform, processes more than 4 million payments annually and provides fulfillment services for more than 10 million documents including checks, advices, and tax forms each year. Innovest's wholly owned subsidiary, FinTech Securities, executes over 69 million equity shares annually. For more information about Innovest, visit www.innovestsystems.com.
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Media: Lindsay Bisson